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April 19, 2023

PM Mitra Park in Lucknow and Hardoi to provide employment opportunities to skilled manpower of UP : Shri Goyal

Logistics, Trending News
NEW DELHI : PM Mitra Park in Lucknow and Hardoi will help generate employment opportunities for the skilled manpower of Uttar Pradesh, Shri Piyush Goyal, Union Minister of Textiles, Consumer Affairs, Food and Public
April 19, 2023

Nitin Gadkari calls for active support from States and UTs for strengthening policies and strategies for transformation of road transport sector

Transport, Trending News
NEW DELHI : A meeting of Transport Ministers of States and Union Territories (UTs) was chaired by Union Minister of Road Transport & Highways Shri Nitin Gadkari in New Delhi. The meeting saw participation from
April 19, 2023

NHAI’s progress report on Delhi-Mumbai Expressway shows work on track

Logistics, Infrastructure, Trade, Trending News
NEW DELHI : Under the Bharatmala Pariyojna – the Government of India’s highway development scheme – the National Highway Authority of India (NHAI) has been working on developing the Delhi-Mumbai Expressway, and released a
April 19, 2023

Adani-Total’s Dhamra LNG Terminal to start commercial operations at May-end

Maritime, Ports, Trending News
AHMEDABAD : Adani Group and French company TotalEnergies’ newly built Rs 6,000 crore facility to import LNG at Dhamra on the Odisha coast will start commercial operations at the end of May, the French
April 19, 2023

Rice exports cross record $11 bn in FY23

EXPORT, Trending News
NEW DELHI : India’s rice exports have crossed a record $11 billion in 2022-23, an increase of 16% from FY22. The volume of shipment, however, remained around the same level as last year at
April 19, 2023

CMA CGM offers to buy Bollore Logistics for $5.5 billion

International Shipping, Logistics, Shipping Line, Trade, Trending News
MARSEILLE : CMA CGM SA has entered exclusive talks to buy Bollore SE’s logistics arm for an enterprise value of €5 billion ($5.5 billion), in a sign shipping billionaire Rodolphe Saade isn’t through with
April 19, 2023

PIL : Successful delivery of ISO tank containers from Nansha to Port Kuching

International Shipping, Trending News
SINGAPORE : Testament to its operational efficiencies and capabilities, PIL has successfully delivered a special cargo of two ISO tank containers with TSD racks from Nansha, China to Port Kuching, Sarawak, East Malaysia on
April 19, 2023

Nippon Express in talks to buy Logistics firm Cargo-Partner

Logistics, International Shipping, Trade, Trending News
TOKYO : Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said. The parties are negotiating terms of a potential deal and may reach an
April 19, 2023

Container spot rates on a ‘likely recovery path’: HSBC

International Shipping, Container, Sea Cargo, Shipping Line, Trade, Trending News
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted with surprise that the Shanghai Containerized
April 19, 2023

Port of Antwerp-Bruges throughput hit by macroeconomics, war

Foreign Ports, Trending News
ANTWERP : First quarter throughput at the Port of Antwerp-Bruges dropped by 4.5% on-year, reflecting changing European trade flows. The port said that Q1 throughput of 68.7m tonnes was due to continuing geopolitical and
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