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January 20, 2021

DB Schenker appoints Niklas Wilmking as its Asia Pacific CEO

Trade, Trending News
DB Schenker has named Niklas Wilmking (pictured above) as its new chief executive for the Asia Pacific region. Dr Wilmking was most recently executive vice president of global airfreight at DB Schenker’s head office,
January 20, 2021

Welspun One Logistics Parks launches India’s first warehousing AIF for domestic investors

Logistics, Trending News
MUMBAI: Welspun One Logistics Parks, a pan-India integrated fund, development and asset management platform backed by the USD 2.7 billion Welspun Group, announced the launch of its first Alternate Investment Fund (AIF) product “Welspun
January 20, 2021

India’s budget seen raising import duties by 5%-10% on dozens of items: Sources

Trade, Trending News
NEW DELHI: India is considering hiking import duties by 5%- 10% on more than 50 items including smartphones, electronic components and appliances in the upcoming budget, three Government sources said according to Reuters. The
January 20, 2021

Privatisation force BPCL to halt work on ₹11,130-crore polyol plant in Kochi

Trade, Trending News
The Bharat Petroleum Corporation (BPCL) has put on hold a planned specialty petrochemicals plant for producing polyols at its Kochi refinery in Kerala. This is being done as BPCL prefers to wait for the
January 20, 2021

Amazon India launches startup accelerator programme to boost exports

Logistics, Trending News
Amazon India on Tuesday launched Amazon Global Selling Propel (AGSP), its accelerator programme which will help early-stage consumer products startups go global. For the programme, Amazon has partnered with the Indian government’s Startup India, Invest India initiative,
January 20, 2021

Concor launches Container train service from Shalimar to JNPT

Logistics, Trending News
NAVI MUMBAI: Container Corporation of India Ltd (Concor) has introduced a container train service from its container terminal at Shalimar, to the Jawaharlal Nehru Port (JNPT, NhavaSheva). This will act as a gateway port
January 20, 2021

Hapag-Lloyd deploys extra-loader for easing disruptions in India

Shipping, Trending News
HAMBURG: The spike in demand coupled with limited vessel capacity has caused considerable disruption in the Indian market with customers needing dependable services. Hapag-Lloyd has invested in additional services to ease the build-up of
January 20, 2021

Maersk CEO Søren Skou expects to make first CarbonNeutral ship order in 2023

Shipping, Trending News
Logistics giant AP Moller-Maersk, the owner of the largest shipping company in the world, expects to order its first carbon-neutral ship as soon as 2023. The company is likely to order smaller container ships
January 19, 2021

Union Minister Nitin Gadkari pitches for more R&D to identify Import substitutes

Export - Import, Trending News
NAGPUR: Union MSME Minister Nitin Gadkari has pitched for more research to identify products that can be indigenously manufactured as cost-effective import substitutes. The industries and industrial associations should do more research to identify
January 19, 2021

The SPIC that DPT is developing could be ideal for Tesla : DPT Chairman

Ports, Trending News
AHMEDABAD: Jostling has started to host the assembling or production plant of Tesla Inc, after the Elon Musk-led electric car-maker opened a research and development unit in Bengaluru ahead of hitting the road in
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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