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January 17, 2024

EEPC India suggests linking waterways with seaports at Board of Trade Meeting

EXPORT, Trade, Trending News
KOLKATA : EEPC India forwarded some proposals like-connecting waterways with sea ports, widening of steel at the Export Parity Price scheme, and inclusion of steel under the purview Remission of Duties and Taxes on
January 17, 2024

Consider giving refunds to exporters in cash for tax remission schemes : GTRI to Govt

EXPORT, Trade, Trending News
NEW DELHI : The government can consider giving refunds to exporters in cash instead of scrips for tax remission schemes, as it would immediately improve cash flow for them, Economic Think Tank GTRI said
January 17, 2024

APM Terminals to invest $500 million in Louisiana Port

Container Terminal, Foreign Ports, International Shipping, Trending News
LOUISIANA : APM Terminals (APMT) says it will invest an initial $500 million to build a major container terminal near the mouth of the Mississippi River, on the West Bank of Plaquemines Parish. APMT
January 17, 2024

Wan Hai unveils 13,100 TEU newbuild vessel

International Shipping, Ship Building, Shipping Line, Trending News
TAIPEI : On 16 January, Wan Hai Lines conducted a ship naming ceremony for the WAN HAI A13, marked by a charitable donation, at the Samsung Heavy Industries Geoje shipyard. WAN HAI A13 was
January 17, 2024

Air France-KLM and CMA CGM end capacity partnership

Air cargo, Aviation, Logistics, Trending News
MARSEILLE : Air France KLM Group and CMA CGM have decided to end their cargo capacity partnership due to the constraints of a “tight regulatory environment” but are already in talks about a new
January 17, 2024

Schedule reliability drops to 56.7% in December

Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
SCHINDELLEGI : As a leader in sea logistics, Kuehne+Nagel closely tracks and collects data on the movement of vessels, including actual arrivals and vessel delays. Kuehne+Nagel is publishing a summary of this analysis in
January 17, 2024

Colombo port sees jump in traffic amid Red Sea tensions

Trending News, Foreign Ports, International Shipping, Ports, Trade
COLOMBO : Sri Lanka’s Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea have found it a convenient transit
January 17, 2024

Qatar pauses Red Sea tankers after Western strikes on Houthis

International Shipping, Maritime, Trending News
DOHA : Qatar‘s state energy company, one of the world’s biggest liquefied natural gas exporters, has paused sending tankers through the Red Sea after US-led strikes against Houthi militants in Yemen targeting the crucial
January 17, 2024

Container lines ‘scramble’ to rent more ships amid Red Sea crisis

International Shipping, Maritime, Trending News
LONDON : Red Sea diversions mean container lines need more ships to carry the same amount of cargo. The security situation — which is even more precarious in the near term due to coalition
January 16, 2024

IWAI set to spark with 300-400 electric vessels in next 5 years : Sarbananda Sonowal

waterways, Ports, Shipping, Trending News, Water Transport
NEW DELHI : India’s Ministry of Ports, Shipping and Waterways (MoPSW) will invest ₹45,000 crore for the development of river cruise tourism in the country. According to Union Minister Shri Sarbananda Sonowal, ₹35,000 crore
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