Concessional import duty rules simplified: CBIC
NEW DELHI : Businesses have been given more flexibility in using machines and materials imported at concessional duty for export production, said an official statement from the Central
Dredging Corporation commences dredging work at Cochin Port
KOCHI : Dredging Corporation of India Limited (DCI) has won an annual maintenance dredging contract valued at ₹122.50 crore from Cochin Port Trust. The work, awarded through a
ZIM Reports Financial Results for the First Quarter of 2021
HAIFA : ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three months ended March 31, 2021. First
Röhlig Logistics further expands its global network and opens two new offices in India
BREMEN : Röhlig Logistics is expanding its network in India with two more offices in Hyderabad and Vizag. The two locations were chosen due to their growing potential for customers
New IMO measures to address containers lost at sea
LONDON : The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) has agreed to initiate new measures to detect and report containers lost at sea, which may enhance
E-way bill integrated with FasTag, RFID; GST officers to get real-time data of commercial vehicles
NEW DELHI : GST officers have been armed with real-time data of commercial vehicle movement on highways with integration of the e-way bill (EWB) system with FasTag and
CCI approves APSEZ’s 25% additional stake acquisition in Krishnapatnam port
MUMBAI :The Competition Commission of India (CCI) on Tuesday gave nod to proposed acquisition of additional 25 per cent stake of Adani Krishnapatnam Port Ltd by Adani Ports
Maersk Rainbow Containers Celebrating Diversity Welcomed In The Netherlands
NETHERLANDS : The boxes began their World Tour on March 11, 2021, at various regions in Asia and Europe along the way, intending to finish in Denmark for
Sustained growth in North America East Cost import volumes
LOS ANGELES : North America East Coast laden container imports in the first quarter of 2021 grew by 22.3% year-on-year, according to a Sea-Intelligence report. Growth was also
Portion of Vizhinjam breakwater washed away
KERALA : High waves triggered by cyclone inflicts heavy damage on structure. Around 176 m of the upcoming breakwater, a critical component of the International Multipurpose Deepwater Seaport