GIFT City and Diamond industry greet Union Budget 2024
GANDHINAGAR : The Diamond sector in Gujarat and the GIFT City on Tuesday welcomed the Union Budget presented by Finance Minister Smt Nirmala Sitharaman, with industry leaders calling
National Maritime Domain Awareness Centre in India
NEW DELHI : India is going to open a National Maritime Domain Awareness Center (NMDAC) to fight new dangers in the Indian Ocean Region (IOR). The NMDAC will
India creates legroom to sign UK, EU FTAs with Customs Act amendments
NEW DELHI : To create legroom for signing free trade agreements (FTAs) with developed nations such as the UK and European Union, the Union Budget 2024 has introduced
MSC resumes Transpacific service
GENEVA : MSC has announced the reinstatement and improvement of Liberty service, a standalone product of MSC, aiming to provide additional capacity for the ongoing robust demand in
India’s July edible oil imports to surge to record on robust palm buying, sources say
NEW DELHI : India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead
Containerization & Intermodal Institute elects PMSA’s Michele Grubbs to Board of Directors
MIDDLETOWN : Ms. Michele Grubbs, Vice President at the Pacific Merchant Shipping Association (PMSA), has been elected to the Board of Directors of the Containerization & Intermodal Institute
Tailwind Shipping Lines welcomes new Vice President Liner Shipping Management
HAMBURG : Tailwind Shipping Lines is welcoming a new Vice President Liner Shipping Management. On 1 August, Mr. Nico Peters will take over this role at the Hamburg-based container
GEODIS achieves TAPA TSR 2023 Level 1 Standard for cross-border road freight
LEVALLOIS (FRANCE) : Through sustained multi-year investments, the GEODIS Road Network delivers a viable high-security, cost-efficient and lower-carbon alternative to air freight while also providing a faster option
ClassNK carries out third-party verification of MOL group’s self-aggregated social data
TOKYO : ClassNK has carried out third-party verification for self-aggregated social data of Mitsui O.S.K. Lines, Ltd. and its group companies, and issued an assurance statement. In an
Baltic index slips for fourth straight day as capesize rates dip
LONDON : The Baltic Exchange’s main Sea Freight index, which tracks rates for ships ferrying dry bulk commodities, was down on Wednesday for the fourth straight session, tracking
