CMA CGM and Google have partnered to pioneer AI-driven logistics
MARSEILLE : French shipping and logistics company CMA CGM has signed a partnership with Alphabet’s Google to speed up deployment of AI solutions across its operations worldwide, the
NITI Aayog reconstituted, 15 union ministers, NDA allies made part of it
NEW DELHI : The Narendra Modi-led NDA Government on Tuesday reconstituted the NITI Aayog, with four full-time members and 15 union ministers, including from BJP allies, as either
First vessel of China Calcutta Service enters Kolkata Port
KOLKATA : The maiden vessel of the weekly China Calcutta Service (CCS) entered the Kolkata Dock System (KDS) on Thursday amidst much fanfare. An official said that the
NHAI to charge double toll from vehicles with non-affixed FASTag on front windshield
NEW DELHI : To deter National Highway users from deliberately not fixing FASTag on the windscreen of the vehicle, NHAI has issued guidelines to collect double user fee
India targets $110 billion FDI a year to help boost economy
NEW DELHI : India is aiming to boost annual Foreign Direct Investment by more than 50% to help lift economic growth, according to a top official at the
CBI arrests customs superintendent in Mumbai
MUMBAI : Central Bureau of Investigation (CBI) has arrested a senior official of the Customs for demanding and accepting a bribe of Rs 80,000 from the complaint. The accused,
The Global Centre for Maritime Decarbonisation concludes its final biofuel blend supply chain trial
SINGAPORE : The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed its final supply chain trial for biofuel blended with very low sulphur fuel oil (VLSFO). This
Suez Canal revenue drops as some shippers shun Red Sea
EGYPT : The Suez Canal‘s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to alternative routes to avoid attacks by
Dry bulk newbuild contracting fell 34.2%, despite a strong market : BIMCO
LONDON : “During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase in prices
ITOCHU, Nihon Shipyard, ClassNK and MPA, signed MOU for joint study of ammonia fueled bulk carriers
TOKYO : ITOCHU Corporation, ClassNK, Nihon Shipyard Co., Ltd., and Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) regarding a joint study
