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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
October 31, 2023

PM Modi dedicates 77-km Western Dedicated Freight Corridor section to the nation

Export - Import, Infrastructure, Logistics, Ports, Railway, Trade, Trending News
AHMEDABAD : Prime Minister Narendra Modi on Monday dedicated to the nation the 77-km New Bhandu-New Sanand section of the Western Dedicated Freight Corridor that will help speed up the transport of goods from
October 31, 2023

Indo-Bangla Rail and two Power Projects likely to be launched on November 1

Railway, Trade, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi and his Bangladesh counterpart Sheikh Hasina are likely to virtually inaugurate two railway projects and a mega power plant on November 1.    The 1320-MW Maitree Super
October 31, 2023

Use technology to catch big fish in illegal cross-border trade, FM Nirmala Sitharaman tells probe agencies

Trade, Customs, Economy, EXPORT, Global Trade, Trending News
NEW DELHI : Finance Minister Smt Nirmala Sitharaman on Monday told global customs authorities to use technology to nab the big fish in illegal cross-border trade and to share information among themselves to bring
October 31, 2023

Adani Group continues to pump in huge money at Mundra

Ports, Company, Maritime, Trade, Trending News
AHMEDABAD : Adani Group is investing ₹4 lakh crore – both ongoing and in new projects – in the next 6 years at Mundra in Gujarat’s Kutcch region. The investment is expansion of the
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