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November 1, 2023

Adani Gangavaram Port inducts new cargo handling equipment in Visakhapatnam

Ports, Business, Company, Trending News
VISAKHAPATNAM : Adani Gangavaram Port (AGP) on Tuesday announced induction of new cargo handling equipment on the port premises here. The infra project includes facilitation of two new grabs and two new cargo hoppers,
November 1, 2023

Prism Logistics carry out multimodal project for Barmer refinery

Logistics, Company, Ports, Project Cargo, Trade, Transport, Trending News
KOLKATA : Kolkata-based project cargo transport specialist Prism Logistics Pvt Ltd pulled off what is said to be India’s most extensive long-distance multimodal transportation project – hauling 34 super heavy cargo units weighing up to 743 metric
November 1, 2023

BoxcoWorld  to invest 100 million AED in industrial-cum-logistics warehouse facility in Jebel Ali Free Zone

International Shipping, Company, Foreign Ports, Logistics, Shipping, Trade, Transport, Trending News
DUBAI : BoxcoWorld FZE, a leading transportation solutions enterprise that offers end-to-end multimodal logistics solutions, has signed a Memorandum of Understanding with DP World to invest AED 100 million in the construction of a
November 1, 2023

India to identify key sectors to drive its roadmap for becoming a Global Manufacturing Hub

EXPORT, Business, COMMERCE, Economy, Trade, Trending News
NEW DELHI : The NITI Aayog is currently in the process of identifying around twelve sectors in which India can emerge as a global manufacturing hub. This initiative involves assessing the export potential of
November 1, 2023

In a first, Bangladesh freight engine arrives at Tripura

Logistics, Railway, Trending News
AGARTALA : Ending the prolonged wait, the trial run between Bangladesh’s Gangasagar and Tripura’s Nishchintapur Railway Link was successfully conducted on Monday. However, the trials were conducted with a freight engine through the metre
November 1, 2023

BRICS: De-Dollarization becoming a reality

Economy, Business, COMMERCE, Global Trade, Trade, Trending News
SHANGHAI : The BRICS Alliance kick-started the de-dollarization initiative early this year and a handful of countries are considering ditching the US dollar for global trade. While the idea of de-dollarization seemed to be
November 1, 2023

MSC adds Contecon Manzanillo to Far East-US service

International Shipping, Container Terminal, Trending News
GENEVA : Contecon Manzanillo S.A. (CMSA), a business subsidiary of International Container Terminal Services Inc. (ICTSI), is now part of Mediterranean Shipping Company’s (MSC) Santana service. MSC has picked Manzanillo as the preferred eastbound
November 1, 2023

Shipping industry could lose $10 billion a year battling climate change by 2050

International Shipping, Maritime, Ports, Shipping Line, Trade, Trending News
NEW YORK : Severe drought has caused water levels in the Mississippi River to drop so low that ships have been running aground. To keep commerce flowing, the U.S. Army Corps of Engineers is
November 1, 2023

NYK commences conversion to Ammonia Fuel for Pioneering Tugboat

International Shipping, Fuel, LNG, Shipping Line, Trending News
Commencing modification to sail the World’s first ammonia-fueled vessel TOKYO : NYK has commenced conversion of the liquefied natural gas (LNG) fueled tugboat Sakigake to an ammonia-fueled tugboat at the Oppama factory of Keihin
November 1, 2023

WCO and IAPH launch Guidelines on Cooperation between Customs and Port Authorities

Customs, Maritime, Ports, Trending News
ABU DHABI : The World Customs Organization (WCO) and the International Association of Ports and Harbors (IAPH) released the Guidelines on Cooperation between Customs and Port Authorities on the occasion of the IAPH 2023
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