India-UAE Logistics partnership boosts following the implementation of CEPA
DUBAI : The partnership between India and the UAE in the logistics sector has received a substantial boost following the implementation of the Comprehensive Economic Partnership Agreement (CEPA) on May 1, 2022. This groundbreaking
PM Modi lays foundation stone of 100,000sqm Bharat Mart in Dubai to boost exports
DUBAI : The foundation stone of Bharat Mart, which will combine retail, warehousing and logistics facilities at Jebel Ali Free Trade Zone in Dubai, was laid during a virtual ceremony by Prime Minister Shri
AD Ports signs MoUs with Gujarat Maritime Board and RITES Limited to drive growth in Logistics Infrastructure Development
ABU DHABI : AD Ports announced the signing of strategic Memorandums of Understanding (MoUs) with Gujarat Maritime Board and RITES Limited, a certified multi-disciplinary transport and infrastructure firm. The MoUs encompass a wide array
UK-India Infrastructure Bridge set to redefine global investment landscape
LONDON : In a diplomatic chess game where negotiations on the UK-India Free Trade Agreement have hit some stumbling blocks, London’s Lord Mayor, Michael Mainelli, talks about the game-changing initiative that could tilt the
Allcargo Logistics expects trade revival in second half of the year
MUMBAI : Allcargo Logistics is hopeful of a trade revival in the second half of 2024 after a sharp drop in net profit and revenue from operations in the December quarter. Allcargo Logistics Ltd
Rhenus India advances sustainable logistics capabilities with electric vehicle (EV) trucks and partnership with Brenntag
SINGAPORE : Leading global logistics service provider Rhenus Group launches EV trucks to augment local distribution support and extend its existing logistics services for Brenntag. Discussions are also on the future partnership plans to
Snowman Logistics registers a 23% increase in revenue and a 27% growth in PAT for the nine months
MUMBAI : During the quarter ended December 31, 2023, Snowman Logistics Ltd recorded revenue of INR. 124.05 Crores as against INR 109.39 Crores for the same period in the previous year, registering a growth
Oil production and Chinese buying boost Brazil’s crude tanker exports 19%
LONDON : “The reshaping of global crude tanker markets continued in 2023. In 2022, sanctions shifted Russia’s exports from Europe to Asia while OPEC production cuts in 2023 increased the Americas’ share of exports.