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May 11, 2023

6th India-Canada Ministerial Dialogue on Trade and Investment concludes

EXPORT, COMMERCE, Export - Import, Trade, Trending News
OTTAWA/TORONTO : Shri Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Government of India along with Hon’ble Mary Ng, Minister of International Trade, Export Promotion, Small
May 11, 2023

Customs holds 800 containers of heavy melting scrap across key ports

Customs, Import, Trade, Trending News
NEW DELHI : Indian customs authorities have held back about 800 containers of imported heavy melting scrap (HMS) at key ports to ascertain the country of origin. The authorities said the consignments had been held on the
May 11, 2023

JAXPORT welcomes largest container ship ever to call Jacksonville

International Shipping, Foreign Ports, Shipping Line, Trending News
FLORIDA : The Jacksonville Port Authority (JAXPORT) set a new port record with the arrival of ONE Stork, the largest container ship to ever call Jacksonville in Florida, US. Operated by Singapore-headquartered shipping line
May 11, 2023

Leading container lines show improved schedule reliability

International Shipping, Shipping Line, Trending News
COPENHAGEN : Danish maritime data analysis company Sea-Intelligence showed schedule reliability data through March 2023 in its latest report. March 2023 saw a further month-to-month gain in global schedule reliability, this time by 2.4
May 11, 2023

K Line revenue up 24.5% in 2022

International Shipping, Shipping Line, Trending News
TOKYO : K Line reported higher revenue and profit for its 2022 financial year, with a broadly positive outlook for its various shipping segments in 2023. K Line’s annual report for the year to
May 11, 2023

DB Schenker opens new warehouse in South Korea

Logistics, Trending News, warehouse
INCHEON : DB Schenker Korea has announced the launch of a new 40,000 m² global distribution and logistics centre, KLC2, in Incheon Free trade zone. DB Schenker said the newly opened KLC 2 warehouse
May 11, 2023

US plans $3bn investment in green port infrastructure

Maritime, Foreign Ports, Trending News
NEW YORK : Some $3bn in funding has been earmarked for the US Environmental Protection Agency’s Clean Ports Program with a focus on electrification. Recent US legislation, notably the Bipartisan Infrastructure Law (2021), and
May 11, 2023

US container imports follow pre-pandemic trends

Import, Export - Import, Trending News
WASHINGTON : US container imports in April 2023 were significantly higher than the previous month, tracing trends seen in the pre-pandemic market. Imports were 9.0% higher in April 2023 than in March 2023 as
May 10, 2023

Sarbananda Sonowal receives the First Indian Cargo Ship at the Sittwe Port

Maritime, Ports, Trending News
NEW DELHI : Union Minister for Ports, Shipping and Waterways and AYUSH Shri Sarbananda Sonowal and Deputy Prime Minister and Union Minister for Transport & Communications Admiral Tin Aung San, of the Republic of
May 10, 2023

Rathendra Raman appointed new Chairman of SMP, Kolkata

Ports, Railway, Trade, Trending News
KOLKATA : Rathendra Raman, a 1995 batch Indian Railway Traffic Service (IRTS) officer, on Tuesday took over as the new Chairman of the Syama Prasad Mookerjee Port (SMP), Kolkata. He previously served as the chief
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