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October 13, 2023

DGFT puts new import registration regime in place for laptops, tablets from November 1

Import, Business, COMMERCE, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) is gearing up to activate its import management system for registration of laptops, computers, and tablets from November 1, as there may be no further
October 13, 2023

iThink Logistics and India Post unite to boost e-commerce deliveries across the deepest parts of the country

Logistics, Trade, Trending News
MUMBAI : iThink Logistics, a top name in advanced logistics technology and one of India’s leading shipping platforms has joined hands with India Post, the country’s premier postal network. The alliance will result in
October 13, 2023

Israel-Hamas war: Impact on shipping and port operations, potential risks

Maritime, Foreign Ports, International Shipping, Logistics, Ports, Trending News
The conflict in Israel after attacks by Islamist group Hamas on towns close to Gaza has caused great concerns in the global community, while the impact on various sectors and industries remains to be
October 13, 2023

Ong Kim Pong appoints as the new CEO of PSA

International Shipping, Company, Maritime, Ports, Trending News
SINGAPORE : PSA International is getting a new Chief Executive Officer next year with the appointment of Ong Kim Pong. In line with succession plans, Ong Kim Pong currently the regional CEO of Southeast
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
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