‘40 by 30’! AEPC sets $40 bn exports target by 2030, aims to explore new destinations
NEW DELHI : Indian apparel exporters’ national body Apparel Export Promotion Council (AEPC) has set a target of US $ 40 billion by 2030. In a statement, the council said that this target, named
Govt, industry begin work on reducing emissions from freight movement
NEW DELHI : To encourage the rapidly expanding freight transport ecosystem to transition to zero emission movement, the WEF had, earlier this year, announced the setting up of a zero emission road freight cluster.
Swan Energy accelerates expansion with Reliance Naval and Engineering Acquisition
MUMBAI : Swan Energy, operating through its special purpose vehicle Hazel Infra, will complete the acquisition of Reliance Naval and Engineering by paying Rs. 231 crore on November 15, well ahead of the November
A.P. Moller – Maersk reports Q3 financial results in line with expectations, yet challenges lie ahead
COPENHAGEN : A.P. Moller – Maersk’s (Maersk) financial results for third quarter of 2023 were in line with expectations in a difficult market environment with rates well off their 2022 peak and tested by
PSA Italy wins at prestigious Italian Terminal and Logistics Awards
PIACENZA : PSA Italy was named ‘Best Port/Terminal Operator’ at the fifth edition of the Italian Terminal and Logistics Awards (ITALA)! The awards ceremony took place on 6 October at the GIS (Italian Days
New leadership for International Association of Ports and Harbors
HAMBURG : Mr. Jens Meier, CEO of Hamburg Port Authority, has been elected as the new president of the International Association of Ports and Harbors (IAPH) for the next two years, replacing Captain K.
FDI into China turns negative for first time
BEIJING : A measure of foreign investment into China turned negative for the first time since records began in 1998, highlighting how foreign companies are pulling money out of the country due to geopolitical tensions and
Global uncertainties prompting shift to bilateral agreements : Nirmala Sitharaman
COLOMBO : Finance Minister Smt Nirmala Sitharaman, on November 1, said that there is a greater interest in the world now to forge regional and bilateral arrangements so that countries can protect their domestic