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March 28, 2024

Vizag Port workers stage ‘All India Betrayal Day’ protest

Ports, Trade, Trending News
VISAKHAPATNAM : Hundreds of Visakhapatnam port workers protested opposite the port’s administrative office building on Wednesday demanding implementation of the wage revision policy for class C and D employees. The protest is part of
March 28, 2024

Dock workers protest delayed wage negotiations at Mormugao Port Authority

Ports, Trade, Trending News
VASCO : Workers affiliated with various unions staged a protest outside the Mormugao Port Authority (MPA) Administrative building at Sada on Wednesday afternoon, expressing frustration over the prolonged delay in settling the wage negotiation
March 28, 2024

India reduces steel trade deficit on the back of better exports, stable imports

Export - Import, EXPORT, Import, Trade, Trending News
NEW DELHI : India’s steel trade deficit has come down to ₹10,411 crore ($1,258 million) for the April–February period, down 10 per cent sequentially, on the back of improving exports, and stable imports during February, a
March 28, 2024

Engineering exports got benefits from FTAs, helps to double shipments to Russia : EEPC

Trade, EXPORT, Trending News
NEW DELHI : Exports of Engineering goods this year have benefitted from the FTAs with UAE and Australia and change in direction of trade flows brought about by the geo-political realignments. While engineering exports
March 28, 2024

COSCO SHIPPING announces the signing of two strategic cooperation deals

International Shipping, Logistics, Shipping Line, Trending News
SHANGHAI : COSCO SHIPPING announced the signing of two cooperation agreements earlier in March here. COSCO SHIPPING and CITIC Group, a large multinational conglomerate specializing in both financial and industrial development, inked a strategic
March 28, 2024

WCO’s 44th session of Enforcement Committee endorses leveraging partnerships

Customs, Global Trade, Trade, Trending News
BRUSSELS : The 44th Session of the WCO Enforcement Committee (EC) convened from 18 to 22 March 2024 at the WCO Headquarters here in Belgium, drawing participation from approximately 350 delegates, out of whom
March 28, 2024

South Korean shipbuilder wins $1.8 billion contract for 8 LNG vessels

Maritime, Ship Building, Trending News
SEOUL : Korean shipbuilding major Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, has received a construction order for eight liquefied natural gas (LNG) vessels from an undisclosed shipowner. Under the KRW
March 28, 2024

XPO Logistics leads the way in expanding use of HVO fuels and electric-powered vehicles

Logistics, Trade, Transport, Trending News
LONDON : XPO, a leading provider of innovative and sustainable end-to-end logistics solutions across Europe, has successfully deployed hydrotreated vegetable oil (HVO) and electric-powered vehicles within its 4PL and transport control tower operations. This is
March 28, 2024

Merganser receives certification from Bureau Veritas

Maritime, Trending News
PARIS : Bureau Veritas (BV), a global leader in testing, inspection, and certification (TIC), has awarded the Dutch-Norwegian renewable energy company SolarDuck the world’s first Prototype Certification for a floating offshore solar technology, as
March 28, 2024

Latvian port equipment manufacturer Bleste introduces new bulk handling ‘bucket’

Break Bulk Cargo, Foreign Ports, International Shipping, Logistics, Trending News
JURMALA : Bleste Sia introduces its new ‘Bleste Bucket’ bulk handling solution. The Bleste Bucket is a modern iteration of the traditional bulk grab container, however, this innovative yet simple product improves dry bulk handling
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