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February 17, 2023

COSCO establishes China Electric Ship Innovation Alliance

International Shipping, Trending News
BEIJING : China COSCO Shipping Corporation Limited and COSCO Shipping Development developed the China Electric Ship Innovation Alliance which was established on 8 February. At the founding ceremony, the strategic partnership agreement of the
February 17, 2023

Bolloré Logistics China receives certificate of Multinational Companies’ regional headquarters in Shanghai

Logistics, Trending News
SHANGHAI : Bolloré Logistics China was awarded the certificate of Multinational Companies (MNCs)’ Regional Headquarters at a ceremony organised by the Shanghai municipal government. By obtaining this certificate, the company can now benefit from
February 17, 2023

Ocean Network Express and Seaspan Corporation conclude Second Joint Crisis Management Drill

International Shipping, Maritime, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (‘ONE’) and Seaspan Corporation (‘Seaspan’) concluded their second joint crisis management drill on 14 February 2023. Building on lessons learned from the inaugural joint drill in December 2021, representatives
February 17, 2023

NYK and Siemens Gamesa Conclude Charter Agreement for Crew Transfer Vessel for Offshore Wind Power Generation at Ishikari Bay New Port

International Shipping, Trending News
TOKYO : On February 15, NYK has concluded a time charter contract with Siemens Gamesa, the world-leading provider of wind power solutions, for a crew transport vessel (CTV)* for an offshore wind power generation
February 16, 2023

FFFAI’s all India 12th Executive Committee Meeting held in Ahmedabad

Customs, Logistics, Trending News
AHMEDABAD : The Federation of Freight Forwarders’ Associations in India (FFFAI) held its 12th Executive Committee (EC) Meeting in Ahmedabad on February 10 and 11, 2023, which was hosted by Ahmedabad Customs Brokers Association
February 16, 2023

Over 8.5% growth in the current fiscal so far is reasonable against the back drop of global headwinds and contracting global trade: President, FIEO

EXPORT, Trending News
NEW DELHI : Though monthly January 2023 merchandise exports continue to remain in the negative territory, dipping by 6.58 percent at USD 32.91 compared to USD 35.23 billion of January 2022, however April-January FY
February 16, 2023

Railways to play an important role in making the country a developed nation by 2047 : MOS, Railways

Logistics, Railway, Trending News
NEW DELHI : Indian Railways is determined to reduce logistics cost from around 14 percent of GDP to under 10 percent while the National Rail Plan targets an increase in the share of railways
February 16, 2023

Adani Enterprises Q3 Results: Rs 820 Cr profit vs Rs 12 Cr loss YoY

Trade, Trending News
AHMEDABAD : Adani Enterprises Ltd reported a consolidated net profit of Rs 820 crore for the quarter ended December, against a net loss of Rs 11.63 crore a year ago. Their total income rose 42 per
February 16, 2023

Adani Group is interested to invest ₹1,800 Cr in Agri & Logistic Hub in Bahraich

Logistics, Trending News
BAHRAICH : The Adani Group has proposed to invest Rs 1,800 crore to develop agriculture and logistic hub in Bahraich, keeping in view the huge agriculture possibilities in Terai region. The project would directly engage about
February 16, 2023

DB Schenker and MSC seal important Biofuel Deal to help reduce Supply Chain Emissions

Logistics, International Shipping, Trending News
ESSEN(GERMANY) : First-of-its-kind agreement between a freight forwarder and a shipping line. At least 30,000 standard containers (TEU) will be transported on the world’s oceans with net-zero emissions in 2023. Certified sustainable, second-generation biofuels
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