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February 4, 2021

New MD-CEO Akshay Kumar Singh takes charge at Petronet LNG

Ports, Trending News
He had also served as an Executive Director in the GAIL India Limited in Projects division. NEW DELHI: Akshay Kumar Singh took charge as the Managing Director and Chief Executive Officer (MD & CEO)
February 3, 2021

Warning to shippers that transpacific contract rates may be overheating

Shipping, Trending News
Transpacific shippers preparing to begin annual contract negotiations with container shipping lines have been warned that the market for contract rates could be around 15% overpriced. According to new analysis from SeaIntelligence Consulting, the
February 3, 2021

Merchandise exports up in January 2021 yoy

Export - Import, Trending News
India’s merchandise exports in January 2021 were valued at $27.24 billion as compared to $25.85 billion in January 2020, an increase of 5.37%. Exports during April-January 2020-21 were $228.04 billion, as compared to $264.13
February 3, 2021

Amazon launches Startup Accelerator with Startup India to raise e-commerce exports

Export - Import, Trending News
To fulfil its commitment of enabling $10 billion in e-commerce exports from India by 2025, Amazon has partnered with Startup India, Sequoia Capital India and Fireside Ventures to launch an accelerator programme to help
February 3, 2021

Dismantling of old RMQCs taking place at JNPT Shallow Water Berth

Maritime, Trending News
As per a Jawaharlal Nehru Port Trust (JNPT) Trade Notice dated February 1, 2021, JNPT has started on site dismantling work of old RMQCs 10, 11 and 12 at Shallow Water Berth (SWB) w.e.f.
February 3, 2021

Higher logistics cost and less space on ship raise concerns over loosing export orders!!!

Export - Import, Trending News
Vadodara: A sharp increase in Ocean Freight and Air Freight bound for world wide destinations put Exporters and Importers to hold their shipments at a toss making huge losses.Currently Exporters are need to wait
February 3, 2021

Adani Ports records 31% growth in Jan cargo volume

Ports, Trending News
Adani Ports and Special Economic Zone (APSEZ) added 0.52% to 545.65 after the company’s cargo volume rose 31% year-on-year (YoY) to 26.02 MMT in January 2021. The cargo volume includes volume of 3.87 MMT
February 3, 2021

India, South Africa and Indonesia join the World Logistics Passport: India the largest Economy to join the WLP to date

Logistics, Trending News
Global reach of program aimed at boosting south-southexpands to span nine countries across three continents 81 anchor tenants have opted into the WLP, including global brands such as UPS, Pfizer, Sony, Johnson & Johnson,
February 3, 2021

Infrastructure development of transport sector is definitely a positive push for the logistics industry, says Vishal Sharma, CEO – Cluster India and I

Logistics, Trending News
“In the budget announced, the fund allocation for the infrastructure development of transport sector, including roads and railways, is definitely a positive push for the logistics industry and will have a long-term impact on
February 3, 2021

India’s Merchandise Exports in January 2021 increase by 5.37% at USD 27.24 billion

Export - Import, Trending News
NEW DELHI: India’s merchandise exports in January 2021 were USD 27.24 billion as compared to USD 25.85 billion in January 2020, an increase of 5.37%. Exports during April-January 2020-21 were USD 228.04 billion, as
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