March 15, 2026
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February 2, 2024

Incredible record volume of monthly cargo by PPA in January 2024: Cargo handling breaches 14 MMT mark for first time in history of Major Ports

Logistics, Ports, Trending News
NEW DELHI : The dedication & perseverance shown by Team PPA saw that in the first month of New Year 2024, Paradip Port Authority, clocked highest ever monthly cargo throughput of 14.32 MMT in
February 2, 2024

Adani Ports Q3 Results : Net profit jumps 68% YoY to Rs 2,208 crore

Ports, Global Trade, Terminal, Trade, Trending News
AHMEDABAD : Adani Ports on Thursday reported a 68% growth in its consolidated net profit at Rs 2,208 crore for the quarter ended December. It was Rs 1,315 crore in the last year quarter. Revenue
February 2, 2024

Union Govt approves continuation of export incentive scheme for apparel, garment till March 2026

EXPORT, Trade, Trending News
NEW DELHI : The government on Thursday approved the continuation of an export incentive scheme – RoSCTL – for apparel, garments and made-ups up to March 31, 2026. The Rebate of State and Central
February 2, 2024

TN Govt inks pact with Hapag-Lloyd for setting up container terminals logistics parks

Logistics Park, Container Terminal, International Shipping, Trending News
THOOTHKUDI : The Tamil Nadu Government has secured a commitment from German container shipping company Hapag-Lloyd to invest Rs 2,500 crore for the development of container terminals and logistics parks in Thoothukudi and other
February 2, 2024

Cabinet approves BIT between India and U.A.E.

Trade, Economy, Global Trade, Trending News
NEW DELHI : The government on Thursday approved the signing and ratification of a Bilateral Investment Treaty (BIT) between India and the United Arab Emirates (UAE). The pact would help promote investments between the
February 2, 2024

Evergreen Marine and X-Press Feeders sign MOA for launch of Green Shipping Routes in Europe

International Shipping, Shipping Line, Trending News
HAMBURG : Global container shipping line Evergreen Marine Corporation (Evergreen) has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new
February 2, 2024

New shipping route connecting China and Russia is officially open

International Shipping, Foreign Ports, Trending News
BEIJING : With a cargo ship recently departing for Jingjiang Port in east China’s Jiangsu Province after unloading nearly 20,000 tons of Russia-imported coal at Longkou Port in east China’s Shandong Province, a new
February 2, 2024

Saudi Arabia officially joins BRICS Alliance

Trade, Economy, Global Trade, Trending News
RIYADH : Following the expansion invitations offered during the 2023 annual summit, Saudi Arabia is officially set to join the BRICS Alliance. Indeed, South Africa’s Foreign Minister Naledi Pandor has confirmed that Saudi Arabia and the
February 2, 2024

GEODIS has made decarbonization a driving force for its transformation

Logistics, Transport, Trending News
FRANCE : GEODIS has pledged to reduce its scope 1 and 2 greenhouse gas (GHG) emissions by 42% and reduce the carbon intensity of subcontracted transport (scope 3) by 30% by 2030 compared to
February 2, 2024

Dry bulk watches Evergrande liquidation after 16.5% drop in real estate investment : BIMCO

International Shipping, Global Trade, Trending News
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,
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