Typhoons Pose Latest Supply Chain Threat as China Ports Shut
BLOOMBERG : Extreme weather in China is becoming the latest challenge to global supply chains, as a heavy typhoon season threatens to further delay goods stuck at some
India’s first indigenous aircraft carrier INS Vikrant begins sea trial
COCHIN : The sea trials of India’s First Indigenous Aircraft Carrier (IAC) Vikrant, the largest and most complex warship built in the country, began its sea trials on
PM to meet Indian missions, exporters, industry on Friday
NEW DELHI : Prime Minister Shri Narendra Modi will on Friday meet India’s missions abroad, export promotion councils and the industry to discuss ways to promote exports and
CBIC launches portal to provide info on customs procedures, regulatory compliance
NEW DELHI : The CBIC launched a portal to provide information on customs procedures and regulatory compliance. The Indian Customs Compliance Information Portal (CIP) at www.cip.icegate.gov.in/CIP will provide free
Govt taking steps to push Exports: Minister
NEW DELHI : Government is committed for promoting Indian exports in international markets and suitable interventions are done from time to time, stated Minister of State in the
PSA and Samudera ink MoU on cargo solutions and logistics
SINGAPORE : Singapore terminal operator PSA Corporation Ltd (PSA) and Indonesian shipping company PT Samudera Indonesia Tangguh (Samudera) signed a Memorandum of Understanding (MOU) to work towards exploring
Container shipping lines launch news trans-Pacific services as record rates pull in capacity
CALIFORNIA : Container shipping lines are continuing to add new services to eastbound trans-Pacific trade lanes as strong demand and record high freight rates attract more carry capacity
ONE Giant Leap — 1,432% Profit Gain
SINGAPORE : Huge profit gains in ocean shipping have become commonplace this year. But Ocean Network Express’ year-over-year profit increase — 1,432% — is still attention-grabbing. For its
CMA CGM applies new charges from Europe to America
MERSEILLES : CMA CGM has announced new surcharges from European ports to several American destinations that will be effective from 1 September. In particular, the French carrier will
Here’s who wins and who loses from the surge in commodity prices
MUMBAI : The world’s recovery from the coronavirus pandemic has sent prices for energy, metals and food soaring, helping big commodity exporters while hammering those nations that buy
