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October 30, 2021

TN govt reconstitutes committee to spur exports

EXPORT, Trending News
CHENNAI: After unveiling its exports promotion strategy to make the state a $1 trillion economy by quadrupling its exports, the State government reconstituted 10-member State Export Promotion Committee under the chairmanship of Chief Secretary by
October 30, 2021

CII Institute of Logistics launches compendium of logistics policies of five States

Logistics, Trending News
NEW DELHI : CII Institute of Logistics recently launched a compendium of logistics policies of five States to capture a snapshot of how States are looking at incentivising and promoting logistics and warehousing. It
October 30, 2021

Cosco bites the charter bullet, while CMA CGM buys more ships

Shipping Line, Trending News
Ocean carriers are turning the heads of non-operating containership owners with “offers they can’t refuse” in their fervent buying spree. Oslo-headquartered MPC Container Ships announced last week it had agreed the sale of six
October 30, 2021

Maersk ready to confront supply chain challenges and propose solutions

Shipping Line, Trending News
CHARLESTON : Speaking on a panel at the South Atlantic International Trade Conference Maersk North America Regional Managing Director, Narin Phol discussed the nation’s current supply chain challenges and ways forward. The U.S. consumer drives the
October 30, 2021

Port of Singapore crowned as the “Best Global Seaport” for first time and won “Best Seaport in Asia”for the 33rd time

Foreign Ports, Trending News
SINGAPORE : The Port of Singapore was announced as the “Best Global Seaport” at the 2021 Asia Freight, Logistics and Supply Chain Awards (AFLAS) held in Hong Kong on 21 October 2021. This is
October 30, 2021

CU Lines buys maiden in-service ship for new service from Wan Hai

Shipping Line, Trending News
SHANGHAI : China United Lines (CU Lines) has acquired its first in-service ship. The Chinese state-controlled liner operator had been operating liner services with chartered vessels, until it acquired a ship from Wan Hai
October 30, 2021

Shipping container crisis will possibly continue until mid-2022

Shipping, Trending News
SINGAPORE : With 90% of the world’s goods transported by sea, the current shipping crisis has resulted in spiralling costs and bottlenecks in global supply chains. The situation has been exacerbated by a shortage
October 29, 2021

DP World targets SMEs with launch of trade finance platform

Logistics, Trending News
DUBAI : Dubai-headquartered logistics firm DP World has launched a new fintech platform covering trade, logistics and inventory finance, which aims to boost support to SME importers and exporters.  Live since October 13, the
October 29, 2021

DHL Express, opened India’s largest Express terminal in Bengaluru

Logistics, Trending News
BENGALURU : DHL Express, opened India’s largest Express terminal in Bengaluru on Thursday. Spanning over 112,000 sq feet, it is over four times larger than the previous facility and is equipped with best-in-class technology.
October 29, 2021

Coal Minister suggests using Paradip Port Trust as coal hub

Ports, Trending News
: PARADIP : Asking authorities of the Paradip Port Trust (PPT) to explore the feasibility of using the port as a coal hub, Coal and Mines Minister Shri Pralhad Joshi Thursday directed officials to fully utilise the available facilities for increasing coal
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