March 10, 2026
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First quarter of 2024, earnings down with cost measures intensified : Kuehne+Nagel

April 24, 2024 Logistics, Trade, Trending News
Kuehne+Nagel GroupCHF million Q1 2024 Q1 2023 Δ Net turnover 5,508 6,748 -18% Gross profit 2,076 2,394  -13% EBITDA 576  803  -28% EBIT 376  612  -39% Earnings 278  462  -40% SCHINDELLEGI : The start

IBIA collaborates with BIMCO on fuel and maritime challenges

April 24, 2024 International Shipping, Trade, Trending News
LONDON : IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of bunker, marine

India’s Major Ports’ see 4.45 % cargo volume growth in FY24 : IPA

April 23, 2024 Ports, Export - Import, Logistics, Maritime, Shipping, Shipping Line, Trade, Trending News
NEW DELHI : India’s 12 major ports handled 819.227 million tonnes (mt) of cargo in FY24, some 4.45 percent more than the 784.305 mt handled during last year on the back of strong growth in

RoDTEP : Verification mechanism to help establish payouts are input duty remissions, not subsidies

April 23, 2024 Export - Import, Trade, Trending News
NEW DELHI : As the Anti-subsidy duties imposed last year by the US and the EU on certain Indian exports benefiting under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme especially

Small exporters looking for continuation of amnesty scheme till September

April 23, 2024 EXPORT, Trade, Trending News
NEW DELHI : Several small exporters have requested the government to continue the amnesty scheme for one-time settlement of default in export obligation till September, an industry body said on Monday. Ludhiana-based Hand Tools

Mahindra Logistics Q4 loss widens to Rs 12.85 cr on subdued volume growth

April 23, 2024 Logistics, Shipping, Trade, Trending News
MUMBAI : Mahindra Logistics reported a fifth straight quarterly loss on Monday, hurt by subdued volume growth at its mainstay business of supply chain management. Consolidated net loss for the logistics arm of Mahindra

India’s polished diamond exports drop 27.5% as key markets falter

April 23, 2024 EXPORT, Trade, Trending News
MUMBAI : India’s cut and polished diamond exports in 2023/24 plunged 27.5% from a year ago to a $15.97 billion due to sluggish demand from the United States, China and the United Arab Emirates,

Shipping industry urges UN to protect vessels after Iran seizure

April 23, 2024 International Shipping, Defence, Logistics, Maritime, Shipping Line, Trade, Trending News
LONDON : Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect supply chains, the industry said in

Threat of US Anti-Dumping Duties on Indian Solar Module Exports

April 23, 2024 EXPORT, Economy, Global Trade, Trending News
NEW DELHI : India’s solar exports success story could run into trouble if the U.S. entertains petitions from domestic manufacturers to impose Anti-Dumping (AD) and Countervailing Duties (CVD) on module imports. While the four

World’s first Electric Straddle Carrier Fleet arrives at DP World’s London Gateway Hub

April 23, 2024 Logistics, Foreign Ports, International Shipping, Maritime, Trade, Trending News
LONDON : DP World has welcomed the arrival of eight fully electric straddle carriers for its soon-to-be-opened £350m new fourth berth at London Gateway. In a major step forward for sustainable logistics, the innovative
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