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March 17, 2023

Cosco Shipping launches new Far East-South America East Service

International Shipping, Trending News
SHANGHAI : Cosco Shipping Holding has newly opened-up a Far East-South America East Service from Yangpu International Container Terminal in Hainan Province. The new service covers major Brazilian ports including Itaqui, Santos, Balanagua, Itaboa, Navigentes and Itajai. It
March 17, 2023

Hutchison Ports investing $700m in Sokhna and Alexandria terminals

Maritime, Foreign Ports, Trending News
HONG KONG : Hutchison Ports is to invest $700m in Ain Sokhna Port, and a new container terminal in the Port of Alexandria in Egypt. The investment includes the development of a new container
March 17, 2023

MOL implements Dramatic Workplace Reforms at Head Office

International Shipping, Shipping Line, Trending News
TOKYO : Mitsui O.S.K. Lines, Ltd. announced that renovation work on the 9th and 10th floors of its Head Office building in Tokyo, which began last August, was completed on Monday, March 13. This
March 16, 2023

Trade Infrastructure for Export Scheme (TIES) being implemented for creation of appropriate infrastructure for the growth of exports : CBIC

EXPORT, Trade, Trending News
NEW DELHI : The Department of Commerce, Government of India, is implementing the Trade Infrastructure for Export Scheme (TIES) w.e.f. FY 2017-18 to assist Central and State Government agencies in creating appropriate infrastructure for
March 16, 2023

National Rail Plan aims to increase share of freight traffic from current share of 28% to 44%

Logistics, Railway, Trending News
NEW DELHI : Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Lok Sabha informed that the National Rail Plan envisages that the
March 16, 2023

India is aiming at deep integration in global supply chains on back of Holistic Infra & Technology : Sumita Dawra

Logistics, COMMERCE, Economy, Infrastructure, Trending News
NEW DELHI : India is aiming to integrate deeply with the global supply chains by focusing on bringing down logistics cost, building holistic infrastructure with planning under Gati Shakti, along with use of R&D
March 16, 2023

Over US$ 100 Bn additional exports expected in current financial year on the top of record exports in preceding financial year: President, FIEO

EXPORT, COMMERCE, Trending News
NEW DELHI : Hailing the aggregate export of US$ 703 billion recorded in the first 11 months of the current financial year, Dr A Sakthivel, President, FIEO said that we expect 2022-23 to end
March 16, 2023

V.O.Chidambaranar Port surpasses annual target set by MoPSW

Ports, Shipping, Trending News
TUTICORIN : V. O. Chidambaranar Port in Tuticorin on Wednesday surpassed the cargo handling target of 36 million tonne set by the MoPSW, 17 days ahead of the end of financial year 2022-23. The
March 16, 2023

UAE Economy Minister visits Hind Terminals Logistics Park in Haryana

Trade, Economy, Logistics, Trending News
PALWAL : United Arab Emirates Minister of Economy Abdulla bin Touq Al Marri visited the Hind Terminals Logistics Park at Palwal in Haryana and reviewed the current operations of Hind Terminals in India. He was
March 16, 2023

Gati extends its EV-led last-mile delivery partnership with IKEA in Bengaluru

Logistics, Transport, Trending News
BENGALURU : Logistics company Gati Ltd has expanded its electric vehicle-led last-mile deliverypartnership with furniture maker IKEA for express delivery services in Bengaluru. “Deploying EVs for express distributions is a part of our sustainability
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