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August 6, 2021

Typhoons Pose Latest Supply Chain Threat as China Ports Shut

Foreign Ports, Trending News
BLOOMBERG : Extreme weather in China is becoming the latest challenge to global supply chains, as a heavy typhoon season threatens to further delay goods stuck at some of the world’s busiest container ports.
August 5, 2021

India’s first indigenous aircraft carrier INS Vikrant begins sea trial

Maritime, Trending News
COCHIN : The sea trials of India’s First Indigenous Aircraft Carrier (IAC) Vikrant, the largest and most complex warship built in the country, began its sea trials on Wednesday. The Indian Navy described it
August 5, 2021

PM to meet Indian missions, exporters, industry on Friday

EXPORT, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi will on Friday meet India’s missions abroad, export promotion councils and the industry to discuss ways to promote exports and achieve the ambitious target of $400
August 5, 2021

CBIC launches portal to provide info on customs procedures, regulatory compliance

Trending News, Technology
NEW DELHI : The CBIC launched a portal to provide information on customs procedures and regulatory compliance. The Indian Customs Compliance Information Portal (CIP) at www.cip.icegate.gov.in/CIP will provide free access to information on all Customs
August 5, 2021

Govt taking steps to push Exports: Minister

EXPORT, Trending News
NEW DELHI : Government is committed for promoting Indian exports in international markets and suitable interventions are done from time to time, stated Minister of State in the Ministry of Commerce and Industry, Anupriya
August 5, 2021

PSA and Samudera ink MoU on cargo solutions and logistics

International Shipping, Trending News
SINGAPORE : Singapore terminal operator PSA Corporation Ltd (PSA) and Indonesian shipping company PT Samudera Indonesia Tangguh (Samudera)  signed a Memorandum of Understanding (MOU) to work towards exploring innovative  ways to promote cargo connectivity
August 5, 2021

Container shipping lines launch news trans-Pacific services as record rates pull in capacity

Shipping, Trending News
CALIFORNIA : Container shipping lines are continuing to add new services to eastbound trans-Pacific trade lanes as strong demand and record high freight rates attract more carry capacity for Asia-to-North America cargoes. Honolulu-based shipowner
August 5, 2021

ONE Giant Leap — 1,432% Profit Gain

Shipping Line, Trending News
SINGAPORE : Huge profit gains in ocean shipping have become commonplace this year. But Ocean Network Express’ year-over-year profit increase — 1,432% — is still attention-grabbing. For its fiscal 2021 first quarter, ONE recorded
August 5, 2021

CMA CGM applies new charges from Europe to America

Shipping Line, Trending News
MERSEILLES : CMA CGM has announced new surcharges from European ports to several American destinations that will be effective from 1 September. In particular, the French carrier will impose a Peak Season Surcharge (PSS)
August 5, 2021

Here’s who wins and who loses from the surge in commodity prices

Trade, Trending News
MUMBAI : The world’s recovery from the coronavirus pandemic has sent prices for energy, metals and food soaring, helping big commodity exporters while hammering those nations that buy the bulk of their raw materials
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