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September 13, 2021

DP World to invest Rs 2,000 crore in various Tamil Nadu projects

Logistics, Trending News
CHENNAI : Global Port Operator and Logistics services major DP World will come up with fresh investments to the tune of around Rs 2,000 crore in Tamil Nadu, including setting up of a new container terminal,
September 13, 2021

Paradip Port aims to boost EXIM trade

Ports, Trending News
PARADIP : Under the Ease of Doing Business (EoDB) initiative, a Mobile X-Ray Container Scanning System (MXCS) has been installed by the Paradip Port Trust (PPT) near the PICT Terminal at a cost of
September 13, 2021

India sugar sector set to have bumper export season

EXPORT, Trending News
NEW DELHI : Indian sugar mills and merchants are all set to witness a bumper export season with the worldwide value of sugar at a four-year excessive of round 20 cents/lb and sugar circulation
September 13, 2021

Petronet LNG seeks fresh foray into the petrochemical business

Import, Trending News
NEW DELHI : Petronet LNG Ltd, India’s largest gas importer, is looking to reclaim the lost opportunities of the past decade as it seeks fresh foray into the petrochemical business and plans to set up
September 13, 2021

CBIC directs officers to take steps for easing availability of containers for exporters

Customs, Trending News
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) has directed its officers to expeditiously dispose the unclaimed, uncleared, and confiscated goods that are holding up containers, a move aimed at
September 13, 2021

Karaikal Port debt restructuring: Edelweiss ARC opts for Swiss challenge

Trending News, Ports
MUMBAI : Edelweiss Asset Reconstruction Co has opted for the Swiss Challenge method to sell the entire debt of ₹2,059.24 crore of Karaikal Port, along with the 11 per cent equity it holds. in
September 13, 2021

MAERSK Rainbow Container World Tour comes to an end

Shipping Line, Trending News
A five-month voyage around the world has come to an end – but the journey towards improved diversity and inclusion continues. COPENHAGEN : In July 2020, two fully functional Maersk containers were skillfully painted
September 13, 2021

Kuwait Govt to launch first forum for digital transformation in a strategic partnership with Agility

Technology, Trending News
KUWAIT : Minister of Public Works and Minister of State for Communications and Information Technology, Dr. Rana Abdullah Al-Faris, Kuwait announced the launch of the first forum for digital transformation in a strategic partnership
September 13, 2021

Cash-rich container lines look to squeeze out feeder operators

Shipping, Trending News
LONDON : Ocean carriers are squeezing their feeder service providers from both sides: firstly by refusing to entertain contract rate increases, and secondly by turning the heads of shipowners with offers of employment for
September 13, 2021

World Shipping Council says reform act is ‘horrible policy’ borne of shipper anger

International Shipping, Trending News
Carrier representative the World Shipping Council (WSC) regards the Ocean Shipping Reform Act 2021 as “horrible transportation policy” borne out of frustration and anger from shippers. Speaking exclusively the WSC president and CEO John
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