FMC granting ‘special permission authority’ for Red Sea diversion freight hikes
WASHINGTON : The hostilities in the Red Sea will likely be igniting other battles, albeit of a commercial rather than military nature, as container lines seek hefty rate
26 shipping lines sign up in Container Deposit Refund System
PHILIPPINES : Twenty-six shipping lines are now signed up with Container Ledger Account (CLA), an online system that aims to simplify and speed up container deposit refund. New
AD Ports Group and Red Sea Port Authority Initial 15-Year Concession Agreement to Boost Cruise Touri
CAIRO : AD Ports Group, a leading facilitator of global trade, logistics, and industry today initialled a 15-year concession agreement with the Red Sea Port Authority (RSPA), to
Saudi Red Sea Authority initiates on ground inspections ahead of License Issuance
RIYADH : Saudi Red Sea Authority (SRSA), the key enabler and regulator of coastal tourism activities in Saudi’s Red Sea, has begun on ground inspections as a prerequisite
Unmesh Sharad Wagh gets additional charge of Chairman, JNPA
MUMBAI : The Ministry of Ports, Shipping, and Waterways has given the additional charge of Chairman, Jawaharlal Nehru Port Authority, to Mr. Unmesh Sharad Wagh, a 2002 batch Indian Revenue
Nhava Sheva Port records high box volume in 2023
MUMBAI : Nhava Sheva Port (JNPA) ended 2023 on a strong note, with its annual container throughput reaching a new high. The port saw yearly containerised traffic rise
Jaishankar advocates support for ‘Make in India’ as cheap imports from China ‘inva
NEW DELHI : External Affairs Minister S Jaishankar has stressed the need for increased utilisation of locally manufactured products by Indian consumers, especially as cheap and highly subsidised
Centre may sell stake in NLC, Mazagon Dock by March 31
NEW DELHI : India’s Finance Ministry may sell up to 10 percent stake each in NLC India (formerly Neyveli Lignite Corporation), Mazagon Dock Shipbuilders and Indian Railway Finance Corporation
India’s exports to grow 12% by 2030, Barclays expects ‘Realistically’ as PLI Schem
NEW DELHI : Barclays stated recently, that it would be more realistic to expect India’s exports to increase by approximately 12 per cent by 2030. This would equate
Indonesia requests 900,000 tonnes of onions from India amid export ban
NEW DELHI : Indonesia has requested 900,000 tonnes of onions from India amidst an export ban, emphasising the significance of Indonesia as India’s largest trade partner in ASEAN.