SHANGHAI : Cosco Shipping Ports announced its investment of a 25% stake in a new container terminal at Egypt’s Ain Sokhna Port. The company has signed project agreement with partnering companies for a new
COPENHAGEN : The use of electronic bills of lading (eBLs) increases efficiency, reduces costs and improves the overall transparency and security of trade. In contrast, paper bills of lading are inefficient, slow down trade
NEW YORK : The Federal Maritime Commission (FMC) has confirmed a fine of US$950,000 against Wan Hai Lines. The Taiwanese box line has also agreed to refund charges in a detention and demurrage case
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its 19-session winning streak on Thursday, weighed by weakness in the capesize and panamax segments. The
TOKYO : The governments of California and Japan announced a new collaboration aiming to clean up a critical link in the global supply chain by cooperating on strategies to cut planet-warming pollution at seaports
NEW DELHI : The Prime Minister, Shri Narendra Modi has lauded the achievements of Tuticorin VOC port a Y-o-Y growth of 11.35%. The Port has handled 36.03 Million Tonnes of cargo, as on 14.03.2023
NEW DELHI : PM Gati Shakti Regional Workshop is being organised in Srinagar, Jammu & Kashmir on 17th & 18th March, 2023 under the Chairmanship of Special Secretary, Logistics Division, DPIIT. These workshops are
NEW DELHI : CRISIL forecsted it expected India’s gross domestic product (GDP) growth to touch 6 per cent in fiscal 2024, compared with 7 per cent estimated by the National Statistical Organisation (NSO) for
MUMBAI : PSA Mumbai (BMCT), the new terminal operator at India’s Nhava Sheva Port (JNPT), has denied reports that it is operating at a slower pace, as the trade faces supply chain challenges due
MUMBAI : The Federation of Freight Forwarders Association (FFFAI) celebrated International Women’s Day on 8th March, 2023 at its Headquarter in Mumbai. A good number of the FFFAI Women’s Wing members participated in the