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March 16, 2024

Houthis claim first attacks on ships in Indian Ocean

International Shipping, Maritime, Shipping Line, Trade, Trending News
SANA’A : Yemen’s Iran-backed Houthi militia claimed on Friday that it had attacked Israeli and American ships in the Indian Ocean for the first time, only hours after its leader promised to extend action
March 16, 2024

IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard, whilst momentum builds on a universal GHG price (levy), but all options remain on the table

Maritime, International Shipping, Trending News
LONDON : The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships has just concluded with some progress made on the finalisation of mid-term measures, and without a decisive
March 15, 2024

DPA Kandla awarded the Concession to DP World for “Container Terminal at Tuna Tekra on BOT basis”

Ports, Container Terminal, Logistics, Maritime, Private Port, Trade, Trending News
GANDHIDHAM : Deendayal Port Authority (DPA), Kandla the No.1 Major Port of India, proudly announces a significant milestone in its history with the awarding of the Concession for the “Container Terminal at Tuna Tekra
March 15, 2024

Nagpur will soon become ‘Logistics Capital’ of India : Nitin Gadkari

Logistics, Logistics Park, Ports, Railway, Transport, Trending News
The Union Minister Shri Nitin Gadkari on Thursday said that although Sindi Railway is geographically a part of Wardha district, it is not considered separate from Nagpur. Therefore efforts will be made to bring
March 15, 2024

Indian financing must drive startup movement, can’t depend on foreign funds : Amitabh Kant

Trade, Economy, Global Trade, Trending News
NEW DELHI : Indian startup movement must be driven by Indian financing and cannot depend on foreign funding, G20 Sherpa Amitabh Kant said on Thursday. While speaking at the CII Unicorn Summit, Kant said
March 15, 2024

Niti Aayog comes up with roadmap to boost exports from MSME sector

EXPORT, Business, Economy, Logistics, Trade, Trending News
NEW DELHI : Niti Aayog has made a case for a single information portal for exporters to promote e-commerce exports and improve access to finance, especially for micro, small & medium enterprises (MSMEs). In
March 15, 2024

Hapag Lloyd renews appointment of Rolf Habben Jansen as CEO and also extends contract of Donya-Florence Amer

International Shipping, Shipping Line, Trending News
HAMBURG : The Supervisory Board of Hapag-Lloyd AG has approved an early renewal of the contract of Chief Executive Officer (CEO) Rolf Habben Jansen, which runs until 31 March 2027, for five years, until
March 15, 2024

Government of India and ADB sign $23 million loan agreement to strengthen fintech ecosystem in India

Trade, Business, Economy, Trending News
NEW DELHI : The Government of India and the Asian Development Bank (ADB) signed a $23 million loan agreement to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance
March 15, 2024

DGFT signs agreement with DHL to make MSMEs in 76 districts export-ready

EXPORT, DGFT, Logistics, Shipping, Transport, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT), an arm of the Commerce and Industry Ministry, on Thursday signed an agreement with global logistics service provider DHL to make Indian micro, small
March 15, 2024

EDFC’s Sahnewal-New Khurja section opens, freight transit from Ludhiana to Mumbai now possible in 20 hours

Logistics, DFC, Transport, Trending News
LUDHIANA : City industrialists of Ludhiana will now benefit from a swift 20-hour transit of goods to the Jawaharlal Nehru Port Trust (JNPT) in Maharashtra, thanks to the inauguration of the Sahnewal-New Khurja section
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