March 3, 2026
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India-Middle East-Europe Economic Corridor not a threat to Suez Canal : DP World CEO

September 27, 2023 Economy, Export - Import, International Shipping, Logistics, Ports, Trade, Trending News
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 Canal, Sultan Ahmed Bin Sulayem, Group

SMP, Kolkata signs MoU with Saif Powertec Ltd to establish new Sea Route to link North East via Bangladesh

September 27, 2023 Ports, Foreign Ports, Shipping, Trade, Trending News
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 establishment of a new multimodal transport

Container terminal at Paradip Port can bring INR 20,000 Crores worth of business to Odisha

September 27, 2023 Ports, Business, Container Terminal, Trending News
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, said Jindal Stainless’ Head, Logistics, Mr

Government extends support under Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) till 30th June 2024

September 27, 2023 EXPORT, Export - Import, Trade, Trending News
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 30th June 2024 at the same

Now, a direct shipping service between Chennai and China

September 27, 2023 Export - Import, Logistics, Ports, Shipping Line, Trade, Trending News
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 call for the Far East India

Hapag-Lloyd increases rates from India to Africa

September 27, 2023 International Shipping, Export - Import, Logistics, Shipping Line, Trade, Trending News
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, including high cube equipment. The Hamburg-based

Interconnectedness and agility in infrastructure development – Key enablers of an efficient logistics ecosystem

September 27, 2023 Logistics, Infrastructure, Ports, Transport, Trending News
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. India was ranked 44th in 2018

Power PSU REC Ltd & Punjab National Bank inked an agreement to co-finance projects in power,infra and logistics

September 27, 2023 Logistics, Business, Economy, Infrastructure, Trade, Trending News
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 two entities will jointly finance loans

India to set emission reduction mandates for 4 sectors, to start carbon trading from 2025

September 27, 2023 Business, Economy, Trade, Trending News
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 greenhouse emissions reduction target, two government

IMO to organise ‘IMO-UNEP-Norway Innovation Forum 2023’ on World Maritime Day

September 27, 2023 Maritime, Associationn, Trade, Trending News
LONDON : The IMO-UNEP-Norway Innovation Forum 2023 will take place as part of the World Maritime Day celebrations. The 2023 theme is “MARPOL at 50 – Our commitment goes on”. Topics will include: Environmental performance; reducing plastic litter from ships; supporting innovation in marine
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