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October 5, 2024

A new chapter for Customs and Space collaboration : WCO and ESA sign Memorandum of Intent

Customs, Economy, Finance, Global Trade, Trade, Trending News
BRUSSELS : This Thursday marks an important step in the collaboration between the World Customs Organization (WCO) and the European Space Agency (ESA). The WCO, an intergovernmental organization responsible for enhancing the effectiveness and
October 5, 2024

MSC Air Cargo takes delivery of first wholly owned Boeing 777F

Air cargo, Aviation, Cargo, Transport, Trending News
GENEVA : Swiss carrier MSC Air Cargo has taken delivery of its first wholly owned and operated Boeing 777-200. Soren Toft, MSC’s Chief Executive, confirmed in a 3 October social media post that the
October 5, 2024

DP World expands marine services fleet with new vessels offering cutting-edge efficiency

Logistics, Finance, Global Trade, International Shipping, Marine, Trending News
DUBAI : DP World welcomed two newly built vessels to its Marine Services fleet, further strengthening its commitment to sustainability and operational excellence.  The newbuild vessels, Navios Utmost and Navios Unite were officially named
October 5, 2024

Pakistani rice traders fear decline in exports amid competition with India

EXPORT, Global Trade, Trending News
ISLAMABAD : Pakistani rice traders said on Thursday that exports of the commodity could face a setback this year as neighboring India, one of the major competitors in the global market, had lifted restrictions
October 5, 2024

Drewry introduces new Breakbulk Sea Transport Indices and incorporates within its Multipurpose Forecaster service

Break Bulk Cargo, Export - Import, International Shipping, Shipping Line, Trade, Trending News
LONDON : To better reflect the nuances of the multipurpose sector, Drewry has introduced Breakbulk Sea Transport Indices for both Project and General Cargo vessel segments, replacing the previous Multipurpose (MPV) Time Charter Index.
October 5, 2024

Convergence around a smaller number of options during the last GHG meetings before approval, put the IMO in a strong position to drive an energy transition in international shipping

International Shipping, Maritime, Shipping Line, Trending News
LONDON : The IMO’s Marine Environment Protection Committee 82nd meeting has concluded with a large amount of work remaining. However, negotiations are still on track for an agreement on a new MARPOL text (Chapter
October 4, 2024

Cabinet approves modified Productivity Linked Reward (PLR) Scheme for the major ports and dock labour Board employees/workers from 2020-21 to 2025-26

Ports, DockS, Trade, Trending News
NEW DELHI : The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved modification of the existing Productivity Linked Reward (PLR) Scheme for the major ports and dock labour Board employees/workers
October 4, 2024

Piyush Goyal and US Secretary of Commerce Ms. Gina Raimondo co-chair India-U.S. CEO Forum

Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
WASHINGTON D.C. : The India-U.S. CEO Forum, chaired jointly by Union Minister of Commerce and Industry, Government of India, Shri Piyush Goyal, and US Secretary of Commerce, Ms. Gina Raimondo was held in Washington
October 4, 2024

India Charts Course towards Maritime Decarbonization at High-Level Conference

Maritime, Ports, Shipping, Trending News
NEW DELHI : The Conference on Maritime Decarbonization in India, co-hosted by the Ministry of Ports, Shipping & Waterways (MoPSW) and the Asian Development Bank (ADB), concluded at Le Meridien, New Delhi. The event
October 4, 2024

Adani Ports September 2024 cargo volume up 14% YoY

Ports, Company, Shipping, Trending News
AHMEDABAD : Adani Ports & Special Economic Zone (APSEZ) announced that during Sep’24, APSEZ handled 37.5 MMT of total cargo (+14% YoY). The growth in cargo was primarily driven by containers, which was up
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