August 4, 2021
April 1, 2026
August 4, 2021
Another shipping crisis strikes, threatening delays to Black Friday shopping
KEY POINTS Western Europe and China’s Henan province — a key transport hub and home to several major businesses — are grappling with the aftermath of devastating floods. The disasters have damaged railways used
August 3, 2021
Rajya Sabha passes landmark ‘Inland Vessels Bill, 2021’ to repeal and replace the existing Inland Vessels Act, 1917
NEW DELHI : Rajya Sabha on Monday passed the Inland Vessels Bill, 2021, which aims to replace over 100 years old Inland Vessels Act, 1917 (1 of 1917) and usher a new era in
August 3, 2021
Transworld Group plans to double fleet within next two to three years
DUBAI : The Dubai-based Transworld Group (an Indian-owned family business in shipping) has expanded its fleet with the acquisition of four dry bulk ships in the last six months. The group, now, plans to
August 3, 2021
At $35 bn, July exports 34% higher than pre-COVID level
NEW DELHI : India’s merchandise exports in July were 34% higher than the pre-COVID levels of July 2019, at $35.17 billion, Commerce and Industry Minister Piyush Goyal said on Monday, but the trade deficit
August 3, 2021
Impressive order booking position to sustain exports growth albeit logistics challenges: FIEO President
NEW DELHI : Reacting to the trade data for July 2021-22, Dr A Sakthivel, President, FIEO said that the sustained growth in exports of about 48 percent with USD 35.17 billion over FY’ 2020-21
August 3, 2021
Hapag-Lloyd opens new office in Senegal
HAMBURG : Hapag-Lloyd has announced the opening of a new office in Dakar, the capital city of Senegal, enhancing its presence in Africa. The German carrier mainly transports nuts, fish, cotton and minerals out
August 3, 2021
Maersk lifts outlook as supply chain disruptions push up shipping rates
COPENHAGEN : The world’s biggest container shipping company, A.P. Moller-Maersk (MAERSK.CO), on Monday lifted its full-year earnings outlook after reporting strong preliminary quarterly results as chaotic conditions in the global supply chain pushed freight rates
August 3, 2021
DPT inaugurates Server Room and Training Hall at Kandla
GANDHIDHAM : Deendayal Port Trust inaugurated Server Room and Training Hall at Kandla & initiates User Acceptance Test for the ERP Project, as part of ‘Ease of Doing Business Initiative’ of Govt. of India.
August 3, 2021