May 24, 2026
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January 3, 2024

No plan to introduce PLI in new sectors : DPIIT

Export - Import, COMMERCE, Economy, Trade, Trending News
NEW DELHI : Centre has no plan to introduce production linked incentive (PLI) schemes in any new sector at the moment. PLI has already been deployed in 14 sectors. Instead, it will tweak some existing schemes to
January 3, 2024

Cargo movement through Inland Waterways up 8%, cargo handled across major ports up 6% in April-Nov period

waterways, Ports, Shipping, Trending News, Water Transport
NEW DELHI : Cargo movement through inland waterways for the April-November period is up around 8 per cent at 86.47 million tonnes (mt), while the cargo handled across India’s major ports is up 6
January 3, 2024

Tiger Logistics bags a tender from HPCL

Logistics, Trade, Trending News
NEW DELHI : Tiger Logistics (India) Ltd on Monday said it has bagged a project from Hindustan Petroleum Corporation Ltd (HPCL). “This accomplishment positions our company to explore further opportunities in the petro sector,
January 3, 2024

High tariffs among reasons behind weak exports : GTRI

Export - Import, Economy, Trade, Trending News
NEW DELHI : The reasons behind India’s weaker export performance include higher tariffs in India and lower tariffs in its FTA partner countries, think tank Global Trade Research Initiative (GTRI) said in a report
January 3, 2024

Strike called off : Central Government delays New rules on Hit-and-Run cases following assurance to All India Motor Transport Congress

Transport, Logistics, Trending News
NEW DELHI : In a significant development, the Home Secretary of the Central Government, during a meeting with the office bearers of the All India Motor Transport Congress (AIMTC) here, has assured that the
January 3, 2024

ONE announces Japan Taiwan Cat Lai (JTC) Service

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) has unveiled its latest service – the Japan Taiwan Cat Lai (JTC) Service. JTC is designed to offer customers enhanced connectivity through new direct services, ensuring swift transit
January 3, 2024

Red Sea attacks disrupt global trade, experts weigh in on potential impact on freight costs

Logistics, Global Trade, International Shipping, Trending News
NEW DELHI : In the aftermath of attacks by Houthi rebels in the Red Sea, global trade is grappling with heightened freight costs. The situation escalated when Houthi rebels targeted a Singapore-flagged Maersk container,
January 3, 2024

Inchcape Shipping Services acquires major stake in Leth Suez Transit

International Shipping, Business, Trending News
LONDON : UK-based shipping servicer Inchcape Shipping Services has announced an investment for a majority stake in Leth Suez Transit (LETH) to strengthen operations. Through the acquisition, LETH aims to use Inchape’s global network
January 3, 2024

A Year of Transformation : AD Ports Group Closes 2023 as a Year of Global Expansion and Enhanced Capacity

Logistics, Foreign Ports, Trending News
ABU DHABI : In a transformative year marked by unprecedented global expansion and strategic acquisitions, AD Ports Group has further cemented its position as one of the world’s leading facilitators of global trade and
January 3, 2024

Mawani” promoted the Kingdom’s leadership with investment projects worth 13 billion riyals in 2023

International Shipping, Foreign Ports, Logistics, Shipping Line, Trade, Trending News
RIYADH : During 2023, the Saudi Ports Authority “Mawani” strengthened the maritime and logistics sectors, contributing to the Kingdom’s exceptional leaps in international indicators and solidifying its position as a global logistics center. These
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