June 17, 2026
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July 26, 2021

Wan Hai approves US$1 billion budget for more vessel acquisitions

International Shipping, Trending News
TAIWAN : Wan Hai Lines’ chairman has authorised a US$1 billion budget for “asset acquisition and disposal”, as the Taiwanese liner operator appears to prepare for fleet expansion. The budget authorisation was announced at
July 26, 2021

DP World and Russia to Pilot Container Shipping Via the Arctic Route

International Shipping, Trending News
DUBAI : Russia continues to develop shipping through the Arctic promoting it as a faster route that is an alternative to the Suez Canal. In the latest development, ROSATOM, the Russian nuclear energy company
July 26, 2021

India, Maldives sign MOU to expedite Customs clearance

Trade, Trending News
NEW DELHI : The Maldives and India have signed a Memorandum of Understanding on the exchange of pre-arrival information for trade facilitation and control of customs.  The MoU will facilitate faster clearance of goods
July 26, 2021

35 MMLPs to be developed under PPP

Logistics, Trending News
NEW DELHI : The Cabinet Committee on Economic Affairs (CCEA) had mandated the Ministry of Road Transport and Highways (MoRTH) to develop 35 Multi-Modal Logistics Parks (MMLP) across the country. As part of it,
July 26, 2021

CONCOR moved 1st ever Oxygen Express to Bangladesh

Railway, Trending News
TATANAGAR : Container Corporation of India Ltd. ( CONCOR) on Saturday, 24th July moved 1st ever Oxygen Express LMO with 200 MT to Bangladesh from Tatanagar with help of Indian Railways, reaching its destination
July 26, 2021

Bokaro Steel purchases first freight train

Logistics, Trending News
BOKARO : The steel giant Bokaro Steel Plant (BSL) purchased its first goods train (rake) for the transport of iron ore. The entire train of 59 wagons costs around Rs 20 crore. The company
July 26, 2021

Kerala Maritime Board demands extension of coastal shipping subsidy

Maritime, Trending News
KOCHI : The Kerala Maritime Board (KMB) has recommended to the State government the extension of the subsidy scheme to take freight operators away from the State’s congested and accident-prone highways to the coastal
July 26, 2021

Gold imports jump multi-fold to $7.9 bn in April-June quarter

Export - Import, Trending News
NEW DELHI : Gold imports, which have a bearing on the country’s current account deficit, jumped multi-fold to USD 7.9 billion (Rs 58,572.99 crore) during the April-June 2021 quarter due to low base effect
July 26, 2021

Maersk to launch direct ocean service from Chennai to Europe

Shipping Line, Trending News
CHENNAI : Global shipping line Maersk has redesigned its ocean network to introduce a new direct ocean service from Chennai to Europe and the Mediterranean to help retail and lifestyle customers in South India
July 26, 2021

South African ports crippled by cyber attack

Foreign Ports, Trending News
Transnet, the operator of South Africa’s major ports and a national freight rail line, was hit by a major cyber attack , further disrupting operations at Cape Town and Durban, which have also been
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