Dry bulk watches Evergrande liquidation after 16.5% drop in real estate investment : BIMCO
LONDON : “China’s property market is estimated to account for approximately 35% of the country’s steel demand. It is an important driver for economic growth and raw materials like iron ore, coking coal, wood,
Govt will present budget with ‘disha-nirdeshak baatein’: PM Modi
NEW DELHI : Ahead of the Budget session of the Parliament, Prime Minister Shri Narendra Modi said that the Finance Minister will present the budget with ‘disha-nirdeshak baatein‘. The PM said the government will
PM GatiShakti and National Logistics Policy bring synergy to the logistics ecosystem in India
NEW DELHI : The ‘PM GatiShakti Summit: Towards Logistics Efficiency and Integrated Infrastructure Planning‘, organized by the Federation of Indian Chamber of Commerce & Industry (FICCI), in collaboration with the Department for Promotion of
IFCBA launches ‘International Customs Brokers Day’ on January 26, celebrated across the world
MUMBAI : The International Federation of Customs Brokers Associations (IFCBA) has announced the Association will celebrate International Customs Brokers Day on January 26 every year to honor and celebrate the outstanding efforts of customs
Interim Budget 2024: Simplified GST structure tops logistics industry wish list
NEW DELHI : With Finance Minister Smt. Nirmala Sitharaman set to present the interim budget for 2024-25 today on February 1, the logistics industry is expecting measures to propel the country’s logistics sector towards
Shipping may get infra tag in boost for shipbuilding, vessel owners
NEW DELHI : The Union Government is working on a plan to grant infrastructure status to the shipping industry, including coastal shipping, two people aware of the development said. The move aims to promote
Adani Ports to impose double stack lock charges of Rs 500 per wagon at Mundra Port
AHMEDABAD : Mundra Port, the flagship port of Adani Ports and Special Economic Port Ltd (APSEZ), will levy a double stack lock charges of Rs500 per double stacked wagon, inward or outward, from 1
Red Sea Crisis : Surge in Ocean Freight Rates Outpaces COVID-19
OSLO : Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the Covid-19 pandemic, reports Xeneta, an ocean freight benchmarking firm