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December 9, 2023

Deendayal Port Authority, Kandla held first Special Board Meeting

Ports, Trending News
GANDHIDHAM : The first Special Board Meeting followed by fifth ordinary Board Meeting of the Board of Deendayal Port Authority, of 2023-24 was held on 08-12-2023. The following Members, apart from Shri Sanjay K.
December 9, 2023

India’s east coast ports operation disrupts off the back of Cyclone Michaung

Export - Import, Infrastructure, Logistics, Ports, Private Port, Trade, Trending News
CHENNAI : Volunteers waded through stagnant water to hand out food and supplies, and some manufacturing plants remained shut in India’s southern tech-and-auto hub district of Chennai on Friday, four days after Cyclone Michaung
December 9, 2023

Cabinet clears 7 railway projects to add 2,339 km to existing network

Railway, Infrastructure, Trade, Trending News
NEW DELHI : The Union Cabinet on Wednesday cleared seven railway projects with an estimated cost of Rs 32,500 crore, which will add 2,339 km to the existing network covering states namely Uttar Pradesh, Bihar, Jharkhand,
December 9, 2023

Adani Ports to exceed FY24 guidance of 390 MMT

Ports, Company, Private Port, Trade, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and operator, will exceed its guidance of 370-390 million metric tonne (MMT) for FY24 and is on track to cross 500
December 9, 2023

Defence Ministry signs deal with TCIL worth Rs 588 Cr for digital coast guard project

Trending News, Defence, Maritime, Ports
NEW DELHI : The Ministry of Defence has sealed a contract with Telecommunications Consultants India Limited (TCIL) to boost India’s digital armed forces, said the ministry on Friday. The Rs 588.68-crore contract aims to
December 9, 2023

India and Oman have started talks on FTA

Trade, Business, COMMERCE, Export - Import, Global Trade, Trending News
NEW DELHI : India’s exports to Oman could soon get duty concessions with the two sides having begun talks for a Free Trade Agreement. Mineral fuels, inorganic chemicals, compounds of precious metals and iron
December 9, 2023

Logistics firm NECC bags order worth Rs 52 crore from state-run GAIL

Logistics, Company, Trade, Trending News
NEW DELHI : Transport and logistics company North Eastern Carrying Corporation Ltd (NECC) has bagged an order from the state-run Gas Authority of India (GAIL India Ltd). The company said in a regulatory filing
December 9, 2023

Southern spinning sector seeks Central and State Governments’ urgent relief measures to sustain livelihood of families

Trending News, Business, COMMERCE, EXPORT, Global Trade, Import, Trade
CHENNAI : The Southern States, particularly Tamil Nadu, Andhra Pradesh and Telangana that account around 55% of the spinning capacity in the country have been facing a long-drawn recession during the last 18 months
December 9, 2023

COSCO SHIPPING issues 100.000th electronic Bill of Lading, GSBN wins Digital Trade Gold Award at Global Digital Trade Expo

International Shipping, Foreign Ports, Logistics, Shipping Line, Trade, Trending News
SHEN ZHEN : COSCO SHIPPING has issued the 100,000th blockchain-based Electronic bill of lading to a cross-border e-commerce customer in Shenzhen by COSCO SHIPPING Lines. Since the beginning of this year, COSCO SHIPPING has reportedly provided
December 9, 2023

‘One Orpheus’, a container ship crashes in Suez Canal

International Shipping, Maritime, Shipping Line, Trending News
EGYPT : A container ship has crashed into a bridge in the Suez Canal, the vital trade route between Asia and Europe.The container ship One Orpheus lost control of its steering and collided with
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