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March 5, 2024

Union Govt launches mission to boost oilseeds’ production and to reduce imports of cooking oils

Import, Trade, Trending News
GOGAMUKH : Union Agriculture Minister Shri Arjun Munda on Monday said the government has launched a mission to boost production of oilseeds and reduce imports of cooking oils. The minister virtually inaugurated administrative-cum-academic building, Manas Guest House, Subansiri Girls Hostel
March 5, 2024

India allows export of 30,000 tonnes of Non-Basmati white rice to Tanzania

EXPORT, Trade, Trending News
NEW DELHI : Indian government has permitted exports of 30,000 tonne of non-basmati white rice to Tanzania and 80,000 tonne of broken rice to Djibouti and Guinea Bissau. The export is permitted through National
March 5, 2024

CMA CGM, Shanghai International Port Group extend Terminal Stevedoring Agreement

Foreign Ports, Shipping Line, Trade, Trending News
SHANGHAI : French shipping company CMA CGM and the terminal operator Shanghai International Port Group (SIPG) jointly held a strategic Terminal Stevedoring Agreement (TSA) extension signing ceremony on 28 February in Shanghai, China. The
March 5, 2024

CMA CGM and Nike forge agreement for sustainable shipping solutions

International Shipping, Logistics, Shipping Line, Trade, Trending News
MARSEILLE : Nike, a global leader in the apparel and sportswear sector, has recently forged an agreement with French ocean carrier CMA CGM to purchase eco-friendly biofuel for a part of its maritime shipping
March 5, 2024

NYK Group establishes region heads worldwide

International Shipping, Shipping Line, Trade, Trending News
Promoting the NYK Group’s Regional Strategies TOKYO : On April 1, the NYK Group will establish the NYK Group region heads in Europe (London), the Americas (Secaucus), China (Shanghai), South Asia (Singapore), and the
March 5, 2024

Hong Kong Air Cargo announces E-commerce route to Riyadh

Air cargo, AIR LOGISTICS, Trending News
HONG KONG : Hong Kong Air Cargo announced a new E-commerce route, enhancing connectivity between Hong Kong and Riyadh, Saudi Arabia. The latest addition includes two weekly all-cargo flights, operated with an Airbus A330-200F
March 5, 2024

UN : Applying the law of the sea to protect International Shipping

International Shipping, Maritime, Trending News
LONDON : In recent decades, global shipping—carrier of 80 per cent of world trade—has faced numerous threats that challenge the long-established right to freedom of navigation for all merchant ships. Piracy, hijackings, armed robbery,
March 5, 2024

Baltic Index climbs to 10-Week high on rising Vessel rates

International Shipping, Trending News
LONDON : The Baltic Exchange’s dry bulk sea freight index extended gains on last Thursday to hit an over two month peak, supported by rising rates across all vessel segments. The overall index, which
March 5, 2024

NorthStandard rounds off successful renewals with S&P ‘A’ rating award

Maritime, Marine Insurance, Trending News
TYNE : NorthStandard confirms S&P ‘A’ rating after strong first set of post-merger results. NorthStandard has followed up strong renewal results after the first year of operating as a merged entity by announcing an
March 5, 2024

BIMCO : Tanker Market strengthens despite slowing oil demand growth

International Shipping, Tanker, Trending News
LONDON : Supply/demand balance For crude tankers, we forecast that the supply/demand balance will tighten further during both 2024 and 2025. Low fleet growth, along with increasing sailing distances, create the foundation for the
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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