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November 15, 2023

Foreign ships to have a tough time in ‘Amrit Kaal Vision 2047’ for Maritime

Trending News, Global Trade, International Shipping, Logistics, Maritime, Shipping, Shipping Line, Trade
NEW DELHI : Far from removing a so-called cabotage law to permit foreign flag ships to carry all types of cargo on local routes to boost coastal shipping as proposed earlier, foreign shipping companies
November 15, 2023

Second Chinese vessel successfully docks at Vizhinjam Port with crucial equipment for international deep-sea facility

Ports, Maritime, Shipping, Trade, Trending News
THIRUVANANTHAPURAM : A second Chinese vessel carrying a ship-to-shore crane for the international deep-sea facility at Vizhinjam here docked at the port on Monday, sources at the port said. The ship, Zhen Hua 29,
November 15, 2023

Allcargo Standalone September 2023 Net Sales at Rs 384.43 crore, down 60.88% Y-o-Y

Logistics, Company, Trade, Trending News
MUMBAI : Allcargo Standalone September 2023 Net Sales reported at Rs 384.43 crore, down 60.88% Y-o-Y Net Sales at Rs 384.43 crore in September 2023 down 60.88% from Rs. 982.75 crore in September 2022.
November 15, 2023

Russia and India sign deal on supply, production of Igla air defence systems

Defence, Export - Import, Trade, Trending News
NEW DELHI : Russia has signed an agreement with India to supply its Igla hand-held anti-aircraft missile to the country. According to the pact, Russia will also allow domestic production of the Igla anti-aircraft missile system in India,
November 15, 2023

Plan to construct $28-mn warehouse in UAE raises prospects of Indian rice & polymer exporters

EXPORT, Logistics, Trending News, Warehousing
SINGAPORE : Companies exporting rice, white goods and polymer from India to the Persian Gulf have got a leg up from a proposal to construct a warehouse in the UAE. The Singapore-headquartered transportation solutions enterprise, BoxcoWorld
November 15, 2023

India signs pact with ADB for $400-million loan to support urban reforms

Trade, Business, COMMERCE, Global Trade, Infrastructure, Trending News
NEW DELHI : The central government recently signed a USD 400 million policy-based loan with the Manila-based Asian Development Bank (ADB) to support its urban reform agenda to create high-quality urban infrastructure, improve service
November 15, 2023

IIT Madras develops mobile app for inter-city goods logistics

Logistics, Education, Trade, Transport, Trending News
CHENNAI : The Indian Institute of Technology Madras (IIT Madras) faculty, students and the alumni have developed a mobile application to enable easier and efficient transportation of goods within cities. The app is called
November 15, 2023

Hanjin signs MOU with AWOT Global Corp for logistics partnership

Logistics, Global Trade, Trending News
SEOUL : Hanjin Logistics Corp., an affiliate of airline-to-logistics conglomerate Hanjin Group, said it has signed an initial pact with a Chinese company for a business partnership in the Chinese logistics market. Hanjin Logistics
November 15, 2023

Greek owner to sell all container ships, spend $3B on LNG tankers

International Shipping, Company, LNG, Maritime, Shipping Line, Trending News
PIRAEUS : There have been a number of “big picture” questions about shipping stocks through the years: Should companies be “pure plays” or diversify across multiple segments? Which is the best segment to own?
November 15, 2023

Canada’s Davie Shipbuilding acquires assets of Helsinki Shipyard

Ship Building, International Shipping, Maritime, Ship Repair, Trending News
LEVIS : Davie Shipbuilding, Canada’s largest shipbuilder and partner in the country’s National Shipbuilding Strategy, has successfully completed the acquisition of assets belonging to Finland’s Helsinki Shipyard Oy, the world’s leading builder of icebreakers
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