India expects ₹10 trillion pacts at GMIS 2023 : Sonowal
NEW DELHI : India expects to sign investment pacts worth ₹10 trillion during the Global Maritime India Summit in Mumbai slated for 17-19 October, Union Minister for Ports, Shipping and
India-Middle East-Europe Economic Corridor not a threat to Suez Canal : DP World CEO
DUBAI : The development of the India-Middle East-Europe Economic Corridor (IMEC), unveiled at the G20 Summit two weeks ago, will not threaten established maritime routes like the Suez
SMP, Kolkata signs MoU with Saif Powertec Ltd to establish new Sea Route to link North East via Bang
KOLKATA : Syama Prasad Mookerjee Port, Kolkata (SMP), erstwhile Kolkata Post Trust, signed a memorandum of understanding (MoU) with Saif Powertec Ltd (SPL) of Bangladesh to facilitate the
Container terminal at Paradip Port can bring INR 20,000 Crores worth of business to Odisha
BHUBANESWAR : A dedicated container terminal at Odisha’s Paradip Port has the potential to bring as much as INR 20,000 crores worth of business to the state exchequer,
Government extends support under Scheme for Remission of Duties and Taxes on Exported Products (RoDT
NEW DELHI : The Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) support which was notified till 30th September 2023 is now being extended till
Now, a direct shipping service between Chennai and China
CHENNAI : A direct container shipping service will be available for the trade between Chennai and China with DP World, a global logistics provider, recently hosting the inaugural
Hapag-Lloyd increases rates from India to Africa
HAMBURG : German box line Hapag-Lloyd announced a new General Rate Increase (GRI) from India to Ghana and Nigeria for cargo transported in 20’ and 40’ dry containers,
Interconnectedness and agility in infrastructure development – Key enablers of an efficient logist
By Sushil Rathi, Director at Allcargo Supply Chain India has jumped six places on the World Bank’s 7th edition of Logistics Performance Index (LPI 2023) to rank 38th among 139 countries.
Power PSU REC Ltd & Punjab National Bank inked an agreement to co-finance projects in power,inf
NEW DELHI : Power PSU REC Ltd and public lender Punjab National Bank on Tuesday inked an agreement to co-finance projects in power, infrastructure and logistics projects. The
India to set emission reduction mandates for 4 sectors, to start carbon trading from 2025
NEW DELHI : India will set carbon emission reduction targets for four fossil fuel dependent sectors, as the Asian country looks to align its industry with the country’s