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September 20, 2021

Cargo terminals on freight corridor run into hurdles

Logistics, Trending News
MUMBAI : Investors seeking to set up Private Freight Terminals (PFT) alongside the Dedicated Freight Corridor (DFC) have urged the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) to remove the hurdles that are
September 20, 2021

Coffee exporters express concern over rising freight rates

EXPORT, Trending News
BENGALURU : In an interactive session between the Union Minister of Commerce and Industry Piyush Goyal and Coffee Growers, Exporters , several coffee exporters expressed their concerns over increasing international freight rates. According to
September 20, 2021

India may corner nearly half of Global Rice trade as exports soar to record

EXPORT, Trending News
NEW DELHI : India has emerged as a major global player in rice export during the past 20 months. Part of its credit goes to the Covid-19 pandemic, because of which other major rice
September 20, 2021

India’s copper import rises 26 percent in Q1, momentum expected to continue further: Report

Import, Trending News
NEW DELHI : India’s copper import which increased 26 percent to 60,766 tonnes in the June quarter of 2021-22 is expected to rise further in the remaining part of the financial year with economic
September 20, 2021

CMA CGM official partner of ‘No Time To Die’, new James Bond film

Shipping Line, Trending News
JAMAICA/MARSEILLE : CMA CGM, the world’s third biggest container line – is an official partner of the 25th James Bond film, ‘No Time To Die’. The french container line granted filmmakers EON Productions unprecedented
September 20, 2021

Better turnaround times reported at Chattogram Port

Foreign Ports, Trending News
CHITTAGONG : In a rare development, Chattogram Port has been able to allow container ships to berth faster upon arrival over the past 40 days, enabling brisk delivery of imports. Vessels usually have to
September 20, 2021

Ocean Cleanup struggles to fulfill promise to scoop up plastic at Sea

Maritime, Trending News
VICTORIA (CANADA) : Docked at a Canadian port, crew members returned from a test run of the Ocean Cleanup’s system to rid the Pacific of plastic trash were thrilled by the meager results — even as marine scientists
September 18, 2021

Soaring freight cost a global phenomenon: Goyal

Logistics, Trending News
SURAT : Union Industries Minister Shri Piyush Goyal claimed that the government has limited role in this role to play in the demand-driven market after describing shortage of containers and the spiralling freight costs
September 18, 2021

Nitin Gadkari emphasize importance of modern and high quality roads for Economic development

Transport, Trending News
NEW DELHI : Union Minister for Road Transport and Highways Shri Nitin Gadkari has emphasized on importance of network of modern and high quality roads for economic development and creating employment opportunities. Interacting with
September 18, 2021

CONCOR to impose ‘equipment imbalance surcharge’ from October 1

Trade, Trending News
MUMBAI : State-owned Container Corporation of India Ltd (Concor) will levy a so-called equipment imbalance surcharge of ₹1,000 for 20-foot and ₹2,000 for 40-foot containers on all export-import loaded containers at its terminals, private
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