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November 2, 2024

European Space Agency launches the DECARDIS project with Awake.AI, ABB and Wallenius Marine to optimize ship-port operations

International Shipping, Maritime, Ports, Shipping Line, Technology, Trending News
PARIS : The European Space Agency (ESA) has initiated a new flagship project, Decarbonization through the Digitalization in Shipping (DECARDIS), together with optimization platform company Awake.AI, technology leader ABB and shipping company Wallenius Marine.
November 2, 2024

Driving the Future of Customs: Insights from the 245th/246th Sessions of the PTC : WCO

Customs, Business, COMMERCE, Finance, Global Trade, Trade, Trending News
BRUSSELS : The 245th/246th Sessions of the Permanent Technical Committee (PTC) were held from 23 to 25 October 2024, at the World Customs Organization (WCO) Headquarters in Brussels, Belgium. The meeting gathered over three
November 2, 2024

Chinese shipyard signs yuan-based deals for 12 vessels

International Shipping, Ship Building, Ship Repair, Shipyards, Trending News
SHANGHAI : Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days. On Monday, the shipyard announced that it
October 30, 2024

DPA Kandla hits the 80 MMT mark and creates new record

Ports, Shipping, Trending News
GANDHIDHAM : Deendayal Port Authority, Kandla set a new record of hitting the 80 MMT cargo, fifteen days earlier from the last year—breaking records, setting standards. DPA successfully set a new milestone which shines
October 30, 2024

Concor announces Q2 results of EBITDA up 6.5%

Logistics, Shipping, Trending News
NEW DELHI : State-owned Container Corporation of India (CONCOR) recorded a slight dip in profit for Q2, despite a 4.2% revenue boost. CONCOR’s Q2 results reflected a mixed performance, with net profit slipping by
October 30, 2024

BLR Logistiks ushers in a New Era with the introduction of Electric Vehicles

Logistics, Company, Trade, Transport, Trending News
MUMBAI : BLR Logistiks, a leader in supply chain and logistics management, proudly announces the introduction of electric vehicles (EVs) into its fleet, marking a significant step towards sustainability. The initial deployment of these
October 30, 2024

Indian Railways signs MoU with Switzerland’s DETEC

Railway, Trade, Trending News
NEW DELHI : Indian Railways signed a Memorandum of Understanding (MoU) with the Federal Department of the Environment, Transport and Communications of the Swiss Confederation to enhance technical cooperation between the two nations. The
October 30, 2024

Strengthening Aatmanirbharta : GRSE secures Rs 491 Crore research vessel order from NPOL

Ship Building, Defence, Ship Repair, Shipping, Trending News
KOLKATA/KOCHI : In recognition of its capability to build highly-specialised vessels, Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed a contract with the Naval Physical and Oceanographic Laboratory (NPOL) on Tuesday, October 29, 2024,
October 30, 2024

India needs to review its strategy on FTA

Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : Free Trade agreements (FTA) have emerged as a much-favoured instrument of promoting international trade especially between the developing countries as multilateral agreements are often viewed as too much inclined in favour
October 30, 2024

J&K Govt sets export target of Rs 10,000 cr in next 5 yrs

EXPORT, Economy, Finance, Global Trade, Policy, Trending News
JAMMU : Government of the Union Territory of Jammu and Kashmir has set export target of Rs 10,000 crore in next five years by leveraging both the core and emerging areas of exports and
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