CHENNAI : Volunteers waded through stagnant water to hand out food and supplies, and some manufacturing plants remained shut in India’s southern tech-and-auto hub district of Chennai on Friday, four days after Cyclone Michaung
NEW DELHI : Transport and logistics company North Eastern Carrying Corporation Ltd (NECC) has bagged an order from the state-run Gas Authority of India (GAIL India Ltd). The company said in a regulatory filing
SHEN ZHEN : COSCO SHIPPING has issued the 100,000th blockchain-based Electronic bill of lading to a cross-border e-commerce customer in Shenzhen by COSCO SHIPPING Lines. Since the beginning of this year, COSCO SHIPPING has reportedly provided
LONDON : A new report released on Wednesday at the margins of COP28, details the annualised total costs of zero emission container vessels and the cost difference on a per container basis for transpacific
MUMBAI : On December 2nd, 2023, the Federation of Freight Forwarders’ Associations in India (FFFAI) celebrated its 62nd Foundation Day in a unique hybrid format, combining physical and virtual participation. The event took place
NEW DELHI : The Commerce and Industry Ministry on Thursday said a targeted action plan has been shared with various departments and big data is being generated to improve the logistics efficiency of the
COPENHAGEN : A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vessels currently on order. On 9 February 2024, it will enter service on the AE7 String
DELHI : AllTrak, a healthcare Technology and logistics platform has raised INR 4.2Cr in a pre-series Around led by Inflection Point Ventures. The funds will be allocated towards team expansion, technology enhancement, and logistics
MARSEILLE : CMA CGM has announced new Freight All Kinds (FAK) rates from Asia to North Europe, the Mediterranean and North Africa. The French carrier says its Asia to North Europe/west Mediterranean FAK (freight
LONDON : Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has grown 5% and 19% compared with 2022 and 2019 respectively. On the other hand,