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February 11, 2023

ONE adds Hakata in JVH Service

International Shipping, Trending News
SINGAPORE : Ocean Network Express (ONE) announced that it will add a call at Hakata in Japan to its weekly Japan Vietnam Haiphong (JVH) service, linking Haiphong in Vietnam with Hakata in travel times
February 11, 2023

Agility: Logistics Execs See 2023 Recession as “Likely” or “Certain”

Logistics, Trending News
DUBAI : Nearly 70% of global logistics executives say they are bracing for recession amid higher costs, slowing demand, and ongoing supply chain disruption arising from China’s battle to contain COVID, Russia’s war in Ukraine, and the impact of
February 11, 2023

CMA CGM Foundation is mobilizing its logistical expertise to help the earthquake affected populations 

Air cargo, Trending News
MARSEILLE : Following the earthquake that struck Türkiye and Syria, and as part of French and international solidarity efforts, the CMA CGM Foundation is mobilizing its logistical expertise to help the affected populations. In
February 11, 2023

Turkey’s Iskenderun Port fire may cause trade loss of around US$680 million : Russel Group

Trade, Trending News
ANKARA : According to Russell Group, a data and analytics company, the container fire at the Port of Iskenderun in Turkey, caused by the heavy earthquake, can generate US$680 million of trade disruption. The analysis
February 11, 2023

Saudi Arabia showcases its development at ZAKAT Tax and Customs Conference 2023

Customs, Trending News
RIYADH : At the invitation of Mr. Suhail Abanmi, Governor of ZAKAT, Tax and Customs Authority of Saudi Arabia, WCO Secretary General, Dr. Kunio Mikuriya, visited Riyadh, Saudi Arabia on 8 and 9 February
February 11, 2023

Future Fuels and Technology Project to inform GHG Strategy update : IMO

Maritime, Trending News
LONDON : Research into the availability and preparedness of future low- and zero- carbon marine fuels and technology is being conducted as part of a new project. The preparedness and availability of low- and
February 10, 2023

India’s defence exports worth nearly Rs 1 lakh cr now: PM Modi in Rajya Sabha

EXPORT, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi on Thursday detailed the employment opportunities that have arisen in the nine years of his government’s tenure so far while also stressing on the ‘Aatmanirbharta‘ (self-reliance)
February 10, 2023

Govt set a target of ₹6,700 Cr in the port and shipping sector for FY24

Ports, Shipping, Trending News
NEW DELHI : The Central Government has set a target of ₹6,700 crore from asset monetisation in the port and shipping sector for FY24. Key projects on the block include ₹2,000 crore berth at the
February 10, 2023

Adani Ports to buy Karaikal Port for Rs1,500 Cr under bankruptcy law : Karan Adani

Ports, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) is awaiting approval from a bankruptcy court in Chennai to buy indebted port company Karaikal Port Pvt Ltd for Rs1,500 crores under India’s bankruptcy
February 10, 2023

Export Refinance Facility for augment export credit and increase in interest subvention under IES to 5 and 3 percent respectively for MSMEs & eligible categories need of the hour : President, FIEO

EXPORT, Trending News
NEW DELHI : Reacting to the increase in the Repo Rate by 25 basis points with immediate effect to 6.5 percent, FIEO President, Dr A Sakthivel said this increase is in line with the
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