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October 13, 2023

DP World raises $1.5 billion for decarbonization

Maritime, Company, Ports, Trade, Trending News
DUBAI : Dubai-based port operator DP World has raised USD 1.5 billion through a Green Sukuk to support its global decarbonization efforts. Sukuk are Islamic financial instruments representing ownership and profit-sharing in asset-backed, Sharia-compliant
October 13, 2023

Maersk signs deal with Starlink for its Ocean fleet

International Shipping, Shipping Line, Trade, Trending News
COPENHAGEN : A.P. Moller – Maersk, the global leader of integrated container logistics, is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed by SpaceX. Maersk’s more than 330 own operated
October 13, 2023

DPIIT revises white goods PLI scheme : Beneficiary must get cost certificate for sales

Trade, Business, COMMERCE, Trending News
NEW DELHI : The government has revised the guidelines for the Rs 6,238 crore production-linked incentive scheme (PLI) for white goods as per which the companies selected under the programme will have to submit a certificate
October 13, 2023

Two Railway Companies-IRCON International Ltd. and RITES Ltd have been granted “Navratna” status

Railway, Company, Trade, Trending News
NEW DELHI : IRCON International Ltd. and RITES Ltd. informed the exhcanges on Thursday, October 12, that they have been granted the “Navratna” status by the Government of India. As a “Navratna” company, a
October 13, 2023

Export-import through Benapole suspended over truck driver’s death in India

Export - Import, Logistics, Trade, Transport, Trending News
DHAKA : Exports and imports between Bangladesh and India through Jashore’s Benapole landport have remained suspended since Thursday morning due to a barrier by India’s Border Security Force (BSF) to return the body of
October 13, 2023

Carriers and forwarders to lose mark-up on THC collection in Dubai

Trending News, Export - Import, Foreign Ports, International Shipping, Logistics, Trade
JEBEL ALI : Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections. According to a decree by the
October 13, 2023

The WCO officially presents its new mobile app during the WCO Technology Conference in Hanoi, Vietnam

Customs, Global Trade, Trade, Trending News
BRUSSELS : The World Customs Organization (WCO) is pleased to present its new mobile application “HS Browse & Check”, a mobile application designed to provide customs professionals and international trade enthusiasts with convenient access
October 13, 2023

John-Kaare Aune to leave the Wallem Group, John Rowley appointed as next CEO

International Shipping, Company, Maritime, Trade, Trending News
HONG KONG : The Board of Directors of Wallem Group on Thursday announced that John-Kaare Aune will be stepping aside as Wallem Group’s CEO and after a period of transition will leave in January
October 13, 2023

Fastro Lifting System Nominated for Heavy Lift Awards

International Shipping, Company, Logistics, Trending News
DE GROON ( THE NETHERLAND) : Fastro’s modular and ergonomic lifting system has been nominated for the HLPFI Heavy Lift Awards. The patented Fastro system introduces a new technique in heavy lift operations for
October 12, 2023

RIL to invest ₹5 lakh crores in Gujarat over the next decade ; Gujarat CM meets Mukesh Ambani

Trade, Business, COMMERCE, Trending News
MUMBAI : In run up to the Vibrant Gujarat Global Summit 2024, scheduled for January next year, the Gujarat Government held a roadshow in Mumbai on Wednesday . As part of this event, Gujarat
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