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February 2, 2024

Cabinet approves BIT between India and U.A.E.

Trade, Economy, Global Trade, Trending News
NEW DELHI : The government on Thursday approved the signing and ratification of a Bilateral Investment Treaty (BIT) between India and the United Arab Emirates (UAE). The pact would help promote investments between the
February 2, 2024

Evergreen Marine and X-Press Feeders sign MOA for launch of Green Shipping Routes in Europe

International Shipping, Shipping Line, Trending News
HAMBURG : Global container shipping line Evergreen Marine Corporation (Evergreen) has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new
February 2, 2024

New shipping route connecting China and Russia is officially open

International Shipping, Foreign Ports, Trending News
BEIJING : With a cargo ship recently departing for Jingjiang Port in east China’s Jiangsu Province after unloading nearly 20,000 tons of Russia-imported coal at Longkou Port in east China’s Shandong Province, a new
February 2, 2024

Saudi Arabia officially joins BRICS Alliance

Trade, Economy, Global Trade, Trending News
RIYADH : Following the expansion invitations offered during the 2023 annual summit, Saudi Arabia is officially set to join the BRICS Alliance. Indeed, South Africa’s Foreign Minister Naledi Pandor has confirmed that Saudi Arabia and the
February 2, 2024

GEODIS has made decarbonization a driving force for its transformation

Logistics, Transport, Trending News
FRANCE : GEODIS has pledged to reduce its scope 1 and 2 greenhouse gas (GHG) emissions by 42% and reduce the carbon intensity of subcontracted transport (scope 3) by 30% by 2030 compared to
February 2, 2024

Dry bulk watches Evergrande liquidation after 16.5% drop in real estate investment : BIMCO

International Shipping, Global Trade, Trending News
LONDON : “China’s property market is estimated to account for approximately 35% of the country’s steel demand. It is an important driver for economic growth and raw materials like iron ore, coking coal, wood,
February 1, 2024

Govt will present budget with ‘disha-nirdeshak baatein’: PM Modi

Trade, Business, COMMERCE, Economy, Trending News
NEW DELHI : Ahead of the Budget session of the Parliament, Prime Minister Shri Narendra Modi said that the Finance Minister will present the budget with ‘disha-nirdeshak baatein‘. The PM said the government will
February 1, 2024

Shipping Ministry transforming India’s maritime operations through digitization

Maritime, Ports, Shipping, Trending News
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, will launch two cutting-edge digital modules, the Maritime Single Window (MSW) and the Mercantile Maritime Department (MMD), on the Sagar Setu (NLP-M) platform. The launch ceremony
February 1, 2024

PM GatiShakti and National Logistics Policy bring synergy to the logistics ecosystem in India

Logistics, COMMERCE, Economy, Trade, Trending News
NEW DELHI : The ‘PM GatiShakti Summit: Towards Logistics Efficiency and Integrated Infrastructure Planning‘, organized by the Federation of Indian Chamber of Commerce & Industry (FICCI),  in collaboration with the Department for Promotion of
February 1, 2024

IFCBA launches ‘International Customs Brokers Day’ on January 26, celebrated across the world

Export - Import, Associationn, Logistics, Trade, Trending News
MUMBAI : The International Federation of Customs Brokers Associations (IFCBA) has announced the Association will celebrate International Customs Brokers Day on January 26 every year to honor and celebrate the outstanding efforts of customs
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