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October 25, 2024

SMP Kolkata suspends shipping and port operations amid threat of ‘Cyclone Dana’

Maritime, DockS, Ports, Shipping, Trending News
KOLKATA : In the wake of Cyclone ‘Dana’, Syama Prasad Mookerjee Port, Kolkata took several preventive measures including securing the vessels and barges. Shri Shantanu Thakur, Union Minister of State, Ports, Shipping & Waterways,
October 25, 2024

DGTR suggests anti-dumping duty on Chinese drawer sliders to protect MSMEs

Export - Import, Customs, Policy, Trade, Trending News
NEW DELHI : The commerce ministry’s investigation arm DGTR has recommended an anti-dumping duty of USD 422 per tonne on Chinese drawer sliders with a view to guard MSME units. In its findings, the
October 25, 2024

India imposes Anti-Dumping Duty on 5 Chinese products for 5 years

Customs, Economy, Export - Import, Finance, Trade, Trending News
NEW DELHI : India has imposed Anti-Dumping Duty on five Chinese goods, including glass mirror and cellophane transparent film, for five years to guard domestic players from cheap imports from the neighbouring country. These
October 25, 2024

TCI announces Strong Q2/FY2025 Financial Results

Logistics, Company, Shipping, Trade, Transport, Trending News
GURUGRAM : Transport Corporation of India Ltd. (TCI), India’s leading integrated supply chain and logistics solutions provider, today announced its financial results for the first quarter ended September 30, 2024. Financial Highlights for Q2/FY2025:
October 25, 2024

BonV Aero wins at Drone Hackathon during the Amaravati Drone Summit

Logistics, Aviation, Electric Vehicles, Maritime, Trending News
AMRAVATI : All India– BonV Aero has been recognized as a winner at one of India’s largest Drone Hackathons, held alongside the Amaravati Drone Summit on October 22. The event attracted more than 500
October 25, 2024

Maersk implements PSS – Far East Asia to India, Pakistan, Sri Lanka, and Maldives

International Shipping, Shipping Line, Trending News
COPENHAGEN : Maersk is implementing the Peak Season Surcharge (PSS), in order to keep providing with their global services. Origin Destination Rate basis Container Rate Effective date Brunei / China / Hong Kong China
October 25, 2024

Hapag-Lloyd joins Maersk with major earnings upgrade as Red Sea Chaos reshapes shipping

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings outlook for 2024, driven by stronger-than-expected demand and improved freight rates. The revised guidance
October 25, 2024

CMA CGM purchases 5 High-Reefer Ships from Seatrade : Alphaliner

International Shipping, Shipping Line, Trending News
MARSEILLE : Container analysts at Alphaliner have reported that French shipping giant CMA CGM has acquired five high-reefer 2,259 TEU container vessels that it previously had on long-term charter from Dutch reefer owner Seatrade.  The price
October 25, 2024

ZIM announces PSS from Far East to East Med, West Med including Black Sea & North Europe

International Shipping, Shipping Line, Trending News
HAIFA : ZIM would like to update that due to current market conditions, ZIM is updating its Peak Season Surcharge (PSS) from Far East to East Med, West Med including Black Sea ports* &
October 25, 2024

OOCL signs up for Seaspan newbuilds

International Shipping, Ship Building, Shipping Line, Trending News
SINGAPORE : The COSCO-controlled liner operator said in a stock exchange filing it would charter the newbuild for 15 years each and pay a total of about RMB11.2bn ($1.57bn). The Bing Chen-led Seaspan contracted Hudong-Zhonghua Shipbuilding
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