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January 8, 2024

A.P. Moller – Maersk and the Government of Tamil Nadu enter a strategic partnership

Logistics, International Shipping, Trending News
CHENNAI : A.P. Moller – Maersk (Maersk) and the Government of Tamil Nadu signed a Memorandum of Understanding (MoU) during the Tamil Nadu Global Investors Meet 2024. As per this MoU, Maersk and the
January 8, 2024

JSW Group to double investments in Tamil Nadu : Chairman Sajjan Jindal

Trade, Economy, Global Trade, Infrastructure, Ports, Trending News
CHENNAI : Sajjan Jindal, the noted industrialist and Chairman of the diversified conglomerate JSW Group on Sunday said his company is planning to double the investments made in Tamil Nadu across sectors over the next few years. Jindal, who is here
January 8, 2024

Tamil Nadu Govt signs investment pacts worth more than 30K Cr at ‘Tamil Nadu Global Investors Meet 2024’

Trade, COMMERCE, Economy, Trending News
CHENNAI : Tamil Nadu has signed investment pacts worth more than Rs 30,000 Crore with firms such as Apple Suppliers, Tata Electronics and Pegatron , as well as auto major Hyundai Motors, at ‘Tamil Nadu Global
January 8, 2024

‘Barriers to exporting from China limited’, says Raghuram Rajan

EXPORT, Business, COMMERCE, Economy, Trade, Trending News
CHENNAI : Former RBI Governor Mr. Raghuram Rajan on Sunday said that services are a big part of the growth story while suggesting people not treat them as ‘less valuable or less amenable’. He
January 8, 2024

Gamechanger Freight Corridors to speed up flow of goods and to free up railway tracks

Logistics, Infrastructure, Transport, Trending News
NEW DELHI : The Eastern Dedicated Freight Corridor, which has just been completed, and the Western Dedicated Freight Corridor, which is nearing completion, are potential gamechangers for the country’s economy. The corridors are expected
January 8, 2024

MSC overtakes Maersk in becoming the World’s largest shipping line

International Shipping, Shipping Line, Trending News
GENEVA : MSC Mediterranean Shipping Company solidified its position as the most extensive shipping line in the world in 2023 with the addition of over one million TEUs (20-foot equivalent containers), per new numbers
January 8, 2024

Maersk diverts its Vessels from Red Sea ‘For the Foreseeable Future’

International Shipping, Maritime Piracy, Trending News
COPENHAGEN : Danish shipping giant Maersk has decided to divert all its vessels due to transit the Red Sea and Gulf of Aden south around the Cape of Good Hope in Africa for the
January 8, 2024

New maritime route to increase trade competitiveness of Jordan, Egypt

Export - Import, International Shipping, Logistics, Maritime, Trending News
CAIRO : The newly announced shipping route, dubbed the Arab Line for Maritime Transport, that links Egypt, Jordan, and Iraq, and launched recently by the Arab Bridge Maritime Company, continued to operate and facilitate
January 8, 2024

Red Sea Crisis: Costs have gone up, crisis may deepen, says official

Export - Import, EXPORT, Logistics, Maritime, Shipping, Shipping Line, Trade, Trending News
NEW DELHI : Disruptions along the Red Sea trade route have begun pushing up shipping and insurance costs as shippers have begun taking longer routes fearing further attacks, a senior government official said Friday.
January 6, 2024

‘Bharat Park’ to be set up in UAE : Piyush Goyal

Warehousing, COMMERCE, EXPORT, Trending News
NEW DELHI : A goods show room and warehouses for Indian goods will be set up in United Arab Emirates (UAE), Commerce and Textiles Minister, Shri Piyush Goyal said Thursday. The planned ‘Bharat Park’ will facilitate
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