Baltimore bridge collapse has not triggered an increase in ocean freight shipping rates : Xeneta
OSLO : The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not seen an increase in ocean freight
Kuehne+Nagel streamlines organisational structure and strengthens customer proximity
SCHINDELLEGI : The Board of Directors of Kuehne+Nagel International AG has approved a new direct reporting of the country organisations. This change sets the course for further efficiency gains and profitable growth. By simplifying
India-Peru Trade Agreement : Seventh round of talks kick-start
NEW DELHI : Taking a step forward in India-Peru trade relations, the seventh round of India-Peru Trade Agreement negotiations have kick started. As reported earlier by Financial Express Online, the talks will continue till Apri
Maersk’s new warehouse in Sri Lanka to strengthen integrated logistics solutions for customers
COLOMBO : A.P. Moller – Maersk (Maersk) inaugurated its brand new warehouse in Sri Lanka at Wattala, spread over 100,000 sq. ft. Present at the inauguration were Mr. Vikash Agarwal, Managing Director, Maersk South
Nepal proposes Customs pact with India to curb border trade offences
KATHMANDU : Nepal has proposed a Customs agreement with India that will enable exchange of information which could help in preventing and reducing customs related offences across the border. India is Nepal’s largest trading
Chittagong Port urges cargo recovery to ease operation
CHATTOGRAM : Chittagong Port Authority (CPA) continues to struggle with operational disruptions caused by significant influx of containers and cargo, it has issued an urgent appeal to businesses to promptly collect their imports, even
India says high crude prices a concern, oil refiners aiming to curb retail impact
NEW DELHI : India is concerned about elevated crude prices, but oil marketing companies will take appropriate measures to cushion the impact for retail consumers if the trend persists for long, government and refinery
Iranian ports unloaded over 21MT of basic goods in a year
TEHRAN : The Iranian Ports and Maritime Organization (PMO) said 21,517,788 tons of basic commodities were unloaded at the ports of the country during the 12 months of the previous Iranian calendar year (March
