December 29, 2025
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Sanmar Group opens shipping subsidiary in Singapore

November 20, 2023 International Shipping, Company, Global Trade, Logistics, Shipping Line, Trade, Trending News
CHENNAI : The Chennai-based Sanmar Group has opened a subsidiary company in Singapore—Sanmar Shipping SG Pte Ltd, to expand its global operations. Operating in the international tanker market leverage its presence in Singapore both

India likely to keep rice export bans into 2024, to hold up global prices

November 20, 2023 EXPORT, Business, COMMERCE, Global Trade, Logistics, Trade, Trending News
NEW DELHI : India, the world’s top rice exporter, is expected to maintain its curbs on overseas sales well into 2024, a move likely to hold the staple grain at close to its highest

Construction started for Maersk’s new cold store in Rotterdam

November 20, 2023 International Shipping, Logistics, Shipping Line, Trade, Trending News, Warehousing
ROTTERDAM : With the official ground breaking Maersk has started the construction works for its new large cold store in Rotterdam (The Netherlands). The specialized warehouse for temperature sensitive or frozen products like pharmaceuticals,

Piyush Goyal addresses 2nd Voice of Global South Summit, says countries need to act together to make…

November 18, 2023 Logistics, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : The Global South needs to discuss ways and means for countries to cooperate and act together to make our supply chains open, secure, trusted, stable, and equitable, thereby making them more

IPGL to sign agreement with Iranian Port Authority soon to start full-fledged operation at Chabahar …

November 18, 2023 Maritime, Foreign Ports, Infrastructure, Logistics, Ports, Shipping, Trade, Trending News
NEW DELHI : State-owned India Ports Global Ltd (IPGL) — formed to develop and run Chabahar Port in Iran — will soon sign an agreement with the Iranian Port Authority to start full-fledged operation,

DP World announces to deliver 50 repurposed cricket containers to local clubs in 5 years under ‘Beyo…

November 18, 2023 Logistics, Company, Container, Trending News
CHENNAI : DP World, a global leader in end-to-end logistics solutions, has announced to deliver 12,500 cricket kits and 50 repurposed containers to grassroot cricket clubs across the world in five years under its

ICD Jajpur (Jindal Stainless) facilitates historic scrap consignment for Tata Steel Kalinganagar

November 18, 2023 ICD, Logistics, Railway, Trade, Trending News
JAIPUR : In a major development for the steel industry in the eastern region of India, ICD Jajpur, operated by Jindal Stainless, has successfully managed the handling of the first scrap consignment from Tata

Hapag-Lloyd to increase rates worldwide in December

November 18, 2023 International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd has announced rate increases in several routes across the world, which will take effect in December 2023. The German carrier will implement a general rate increase (GRI) from several countries in

FedEx delivered over $80 Billion in direct impact to the Global Economy in FY 2023: Annual Economic …

November 17, 2023 Logistics, Company, Economy, Trade, Trending News
MUMBAI : FedEx Corp. released its annual economic impact report, analyzing the company’s worldwide network and role in fueling innovation during its 2023 fiscal year (FY 2023). Produced in consultation with Dun & Bradstreet, a

CMA CGM, World’s no. 3 container carrier warns against price war

November 17, 2023 International Shipping, Logistics, Shipping Line, Trade, Trending News
MARSEILLE : CMA CGM, the World’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels threatens to push global shipping to a protracted slump. “New
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