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November 21, 2023

Durban Port grapples with massive cargo backlog amid equipment breakdowns

Trending News, Foreign Ports, International Shipping
DURBAN : The bustling port of Durban, a pivotal maritime trade hub in the region, is currently grappling with a significant operational challenge due to equipment breakdowns. This has resulted in a formidable backlog
November 21, 2023

New Hybrid Cranes at LCB1 as ESCO continues to pave the way for sustainable supply chains in Thailand

International Shipping, Foreign Ports, Terminals, Trending News
BANGKOK : LCB Container Terminal 1 (LCB1), a joint venture between Eastern Sea Laem Chabang Terminal (ESCO), APM Terminals, and Bangkok Modern Terminals Ltd, is paving the way for sustainable supply chains in Thailand with a green
November 21, 2023

First China-Laos-Thailand Express freight train departs from Chengdu

Logistics, Global Trade, Railway, Trending News
CHENGDU : The first China-Laos-Thailand Express freight train departed from the Chengdu International Railway Port in Chengdu, capital of southwest China’s Sichuan Province, on November 17, with cargo bound for customers in Thailand. The
November 21, 2023

NorthStandard to apply moderate premiums increase for 2024-25

International Shipping, Maritime, Trending News
TYNE (UK) : With little prospect that the uncertainties and inflationary pressures afflicting the global economy through 2022-23 will disappear, NorthStandard has signalled intentions to apply a precautionary 5% increase to its P&I and
November 21, 2023

Tototheo Maritime passes 1,000-ships in milestone for Inmarsat Fleet Xpress installations

International Shipping, Maritime, Technology, Trending News
PIRAEUS : Satellite communications and technologies specialist Tototheo Maritime has passed the 1,000-ship mark in Fleet Xpress terminal installations, in a significant milestone for its collaboration with Inmarsat that reinforces the appeal of high-speed
November 20, 2023

FM Sitharaman admits Israel-Hamas war poses challenge to plan for India-Middle East-Europe corridor

Maritime, Economy, Global Trade, Infrastructure, Trade, Trending News
NEW DELHI : Finance Minister Smt Nirmala Sitharaman admitted on Wednesday that the Israel-Hamas war poses a challenge to the proposed India-Middle East-Europe Connectivity Corridor (IMEC) which is aimed at improving connectivity and cutting
November 20, 2023

India ship regulator to take government advice on sanctioned Russian oil vessel

International Shipping, Import, Maritime, Ports, Shipping, Trending News
NEW DELHI : India’s shipping ministry will follow foreign ministry advice when deciding whether to allow a ship carrying Russian oil that has been placed under U.S. sanctions to berth at an Indian port,
November 20, 2023

Steel, civil aviation among 11 ministries discuss ways to improve India’s logistics performance index ranking

Logistics, Infrastructure, Trade, Trending News
NEW DELHI : The government on Saturday said that 11 ministries and departments, including commerce and industry, steel, and railways held deliberations on measures taken and action plans needed to improve the country’s Logistics Performance
November 20, 2023

E-Commerce exports likely to touch US$200 billion in India by 2030: DGFT

DGFT, Business, COMMERCE, EXPORT, Trade, Trending News
NEW DELHI : Indian e-commerce exports are likely to touch USD 200 billion in the next 6-7 years and will play a critical role in achieving the USD 2 trillion goods and services export
November 20, 2023

Steel Ministry to soon finalise Sectoral Plan for Efficient Logistics

Export - Import, Business, Logistics, Policy, Trade, Trending News
NEW DELHI : The Steel Ministry is expected to soon finalise its Sectoral Plan for Efficient Logistics (SPEL), the commerce ministry said on Friday. The ministry stated this during the 60th meeting of 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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