Shipment delays double as ships clog up Singapore’s ports
SINGAPORE : The world’s second busiest container port at Singapore has seen a major spike in congestion, forcing carriers to stretch charter agreements and to build container fleets
FIEO President calls for increased export development funds for MSMEs
NEW DELHI : Ashwini Kumar, President, the Federation of Indian Export Organisations (FIEO), has expressed concerns over the grossly inadequate budgets allocated for market development schemes aimed at
S&P Global upgrades India’s outlook to ‘positive’, affirms ‘BBB-’ long-term rating
NEW YORK : Taking note of robust growth and rising quality of government spending, S&P Global Ratings on Wednesday revised the outlook on India’s economy to ‘positive’ from
Exports of marine products drop 9 pc to USD 7.37 billion in 2023-24
NEW DELHI : Exports of marine products contracted by 8.74 per cent to USD 7.37 billion during 2023-24 due to demand slowdown in key markets of the US
iThink Logistics launches an advanced weight discrepancy management dashboard to streamline E-commer
MUMBAI : iThink Logistics, a Mumbai-based integrated logistics and supply chain solutions provider, proudly announces the launch of its innovative Weight Discrepancy Management Dashboard. The Dashboard is designed
Indian Railways ordered 2,000 Open Wagons
NEW DELHI : Indian Railways (IR) has signed a significant agreement with a joint venture of the state-owned companies Steel Authority of India (SAIL) and Rail India Technical
AP Moller-Maersk recognised as a Leader in the 2024 Gartner Magic Quadrant™ for third year in a ro
COPENHAGEN : AP Moller-Maersk has been recognized as a Leader in the 2024 Gartner Magic Quadrant™ for Third-Party Logistics (3PL) report. It’s the third consecutive year that Maersk has been
AD Ports, Transmar, and Orascom to build Egypt green methanol facility
ABU DHABI : A site for the storage and export of green methanol for the maritime industry is to be built in Egypt under a new Memorandum of
NorthStandard annual review figures verify value of scale and reach
TYNE : NorthStandard’s annual review highlights positive progress across key performance indicators. The global marine insurer recorded increases in premium income, investment returns, and free reserves for the
FM Sitharaman hints about the reconsideration of 45-Day payment rule to MSMEs
LUDHIANA : Finance Minister Smt. Nirmala Sitharaman suggested that the government is open to reconsidering the existing 45-day payment rule to (MSMEs) micro, small and medium enterprises, if
