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November 25, 2023

After green nod, transshipment hub in Nicobar wins in-principle approval

Maritime, Container Terminal, Ports, Shipping, Trending News
NEW DELHI : The Finance Ministry has given its in-principle approval to plans to build International Container Transshipment Terminal in Great Nicobar following environmental clearance for the marque, ₹43,700-crore project, two officials privy to the
November 25, 2023

DPA Kandla receives the first import consignment of Soda Ash in bulk

Ports, Shipping, Trending News
GANDHIDHAM : Deendayal Port Authority, Kandla received the first import consignment of Soda Ash in bulk through M.V. DOGAN which had berthed at Cargo Jetty No-01 on 23-11-2023. The vessel is scheduled to discharge
November 25, 2023

Sachin-Makarpura DFC stretch ready for freight operations, to ease traffic on Mumbai-Delhi Train route

Railway, Logistics, Trade, Transport, Trending News
VADODARA : Dedicated Freight Corridor Corporation of India Limited (DFCCIL) announced the successful completion of the last milestone, marking the commencement of a new era in freight transportation between Sachin near Surat and Makarpura
November 25, 2023

Paradip Port :1st phase of cargo terminal at western dock likely to be operational by 2025

Ports, Container Terminal, Private Port, Trending News
PARADIP : The first phase of the dry bulk cargo terminal at the western dock of Paradip Port is expected to be operational in early 2025, an official said. Last year, a JSPL-led consortium
November 25, 2023

Allcargo Gati launches State-of-the-Art Logistics Hub in Bengaluru

Logistics, Company, Transport, Trending News, Warehousing
HOBLI : Allcargo Gati Ltd formerly known as GATI, has unveiled a cutting-edge Surface Transhipment Centre and Distribution Warehouse (STCDW) in Mayasandra, Hobli, on the outskirts of Bengaluru, Karnataka. Positioned strategically just 5.5 km from NH
November 25, 2023

Commerce Ministry ropes in E-comm players to propel districts as export hubs

EXPORT, COMMERCE, Economy, Global Trade, Trade, Trending News
NEW DELHI : In its push for Micro, small and medium enterprises (MSMEs) and as part of efforts to boost e-commerce exports from the country, the Directorate General of Foreign Trade (DGFT) under the commerce and
November 25, 2023

Anish Shah of Mahindra Group is the next FICCI President

Trade, Associationn, COMMERCE, Trending News
NEW DELHI : Mahindra Group’s Chief Executive Officer (CEO) Anish Shah has been appointed as the President of Federation of Indian Chambers of Commerce and Industry (FICCI). The industry body announced his appointment on Friday. Shah
November 25, 2023

Carriers on India-US Trade attempt higher rate hikes for December

International Shipping, EXPORT, Global Trade, Shipping Line, Trade, Trending News
MUMBAI : Container carriers serving India-US Trades seem to have regained some strength to attempt higher rate increases amid promising export trade indications. CMA CGM has doubled the amount of a previously announced peak
November 25, 2023

CMA CGM, new Panama surcharges

International Shipping, Shipping Line, Trade, Trending News
MERSEILLE : CMA CGM is the first major carrier to announce a new surcharge on shipments going through the Panama Canal. The shipping company has been forced to take this decision due to continuous
November 25, 2023

Hapag-Lloyd CEO optimistic that shipping markets will rebalance

International Shipping, Shipping Line, Trade, Trending News
HAMBURG : Global shipping markets, which are due to add more capacity than anticipated demand will support, have a good chance of rebalancing within two years, said the Chief Executive of Germany’s  Hapag-Lloyd to the
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