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May 10, 2024

Kinetic Engineering says EVs, exports to drive Rs 700 crore 5-year revenue target

EXPORT, Technology, Transport, Trending News
PUNE : Kinetic Engineering, already in long-term contracts with global auto majors like Renault Nissan, BRP, Magna Powertrain, American Axle, is now focussing on EVs along with exports to drive growth. Typically, electric vehicles
May 10, 2024

FSSAI to review the points of entry for food imports as it tightens the screws on shipments

Import, Business, Trade, Trending News
NEW DELHI :  India’s top food regulator—the Food Safety and Standards Authority of India (FSSAI)—has cracked down on food imports, saying in has authorized officers at only 155 points to clear shipments “until further
May 10, 2024

Hapag-Lloyd, CMA CGM update Far East Service

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd and CMA CGM will make changes in their joint service, Far East Service (FE9), replacing the Port of Singapore with the Port Klang on the eastbound rotation. The updated service rotation
May 10, 2024

AMSA bans Indian-flagged bulk carrier ‘Darya Shaan’ for 180-days

International Shipping, Maritime, Trending News
MELBOURNE : The Australian Maritime Safety Authority (AMSA) has issued a 180-day ban to the Indian-flagged bulk carrier Darya Shaan, after its operator took repeated risks with the safety of the crew, vessel and Australian
May 10, 2024

Auto industry targets 28 components boosting make in India to reduce imports

Export - Import, Logistics, Transport, Trending News
NEW DELHI : India’s automobile sector has identified 28 key components for indigenisation as part of the ‘localisation roadmap’ to accelerate the ‘Make in India’ initiative. Society of Indian Automobile Manufacturers (SIAM) Director-General Rajesh
May 10, 2024

Leading port operators to significantly invest in Chittagong Bay Terminal project

Foreign Ports, Container Terminal, Shipping, Trending News
CHITTAGONG : AD Ports Group will invest around US$1 billion in the under-construction Bay Terminal in the port city of Chittagong, Bangladesh. A four-member team of the Dubai-based port group is scheduled to visit
May 10, 2024

Ane Maersk, the world’s first large green methanol-enabled vessel, makes her first call in Dubai at DP World, Jebel Ali

International Shipping, Foreign Ports, Logistics, Shipping Line, Trade, Trending News
DUBAI : A.P. Moller – Maersk’s (Maersk) first large vessel that can run on green methanol arrived in Dubai, UAE for the very first time and was welcomed by DP World at Jebel Ali. Ane Maersk
May 10, 2024

Ocean Network Express and Ancotrans reduce CO2 emissions with first FH e-Trucks in Hamburg region

Logistics, Shipping Line, Technology, Transport, Trending News
HAMBURG : Ocean Network Express (ONE) announced that together with their long-term partner Ancotrans, they will deploy state-of-the-art Volvo FH e-trucks, to serve the transportation needs of ONE’s customers, marking a significant step in reducing
May 10, 2024

GCMD and NYK Line team up to address concerns of long-term, continuous biofuels use on vessel operations

International Shipping, Maritime, Shipping Line, Trending News
SINGAPORE/TOKYO : The Global Centre for Maritime Decarbonisation (GCMD) has teamed up with NYK Line to launch Project LOTUS (long-term impact of continuous use of biofuels on vessel operations). This six-month project will trial
May 9, 2024

PM Modi, Ambani, Adani reshaping India to become economic superpower: CNN report

Trade, Business, Economy, Global Trade, Infrastructure, Trending News
NEW DELHI : India is poised to become a 21st-century economic powerhouse, offering an alternative to China for investors looking for growth and for reducing supply chain risks with Prime Minister Shri Narendra Modi
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