Lockdown may be easing, but box and capacity shortages still hobbling Indian exports
NEW DELHI : India may be slowly easing out of lockdown, but limits on factory production and tight air and sea freight capacity are still jeopardising exports –
MOL towards a greener future
TOKYO : Mitsui OSK Lines has announced the establishment of “MOL Group Environmental Vision 2.1” as a guide to achieve net zero greenhouse gas emissions by 2050. MOL
Shipping industry urges governments to act on USD 5 billion decarbonisation fund
LONDON : The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in line
Evergreen and Kaohsiung Port pilot IoT solutions
TAIWAN : Evergreen Marine Corporation is piloting the usage of Internet of Things (IoT) technology with Kaohsiung Port’s customs officials. Both sides are aiming to see how IoT
Forex reserves rise $3.07 billion to lifetime high of $608.08 billion
MUMBAI : Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in
Yantian Effect’ Could Cause Shortage of Goods as Freight Rates Set to Stay High
SHENZHEN : Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher and will most likely lead to shortages of low-value goods no
TCI enables mission critical Vaccine & Oxygen Logistics across India
GURUGRAM : With large parts of the country facing oxygen scarcity in this pandemic, logistics and distribution remain one of the major bottlenecks besides production. Transport Corporation of India
TradeLens Digital Shipping Platform Adoption Grows in China
Within a month of announcing general availability of the TradeLens platform in China, more than 10 new members have joined the ecosystem to digitize paper-based processes and improve
Mystic Shipping handled first ever shipment of Organic Soyabean Meal from India to Baltimore,US at D
GANDHIDHAM : Mystic Shipping Pvt Ltd. (MSPL) handled first ever shipment of organic soyabean meal in bulk at Deendayal Port .The vessel MV IKAN PULAS, which arrived in
Bangladesh is now among India’s top 5 export destinations
DHAKA : Bangladesh has surpassed Hong Kong to become India’s fourth biggest export destination in the first three months of the current calendar year, and climbed four notches