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September 28, 2024

World Maritime Day 2024 : Quote by Homyar Desai, Director – Sea Freight, Jeena & Company

Logistics, Company, Maritime, Shipping, Trade, Trending News
“World Maritime Day 2024’s theme, ‘Navigating the future: safety first!’ underscores the critical need to prioritise safety as the backbone of a sustainable and resilient maritime industry. For India, a nation whose maritime sector
September 28, 2024

India signs agreement to protect Marine Biodiversity on high seas at UNGA

Trade, Global Trade, Trending News
UNGA : India has signed an international agreement to protect marine biodiversity on the high seas. External Affairs Minister Dr. S. Jaishankar signed the pact formally known as the Biodiversity Beyond National Jurisdiction (BBNJ)
September 28, 2024

DGFT notifies extension of import regime for laptops till December 31

Import, COMMERCE, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has notified the extension of the import management system for laptops and other IT hardware products for three more months—till December 31—and asked companies
September 28, 2024

50 new plants to come up in 2 years under pharma, medical device PLI scheme

EXPORT, Trade, Trending News
NEW DELHI : A total of 50 new greenfield plants are set to be established over the next 2 years under the Production-linked Incentive (PLI) scheme for pharma and medical devices manufacturing, according to
September 28, 2024

NLDSL unveils ULIP Hackathon 2.0 and launches Track Your Transport App to tackle key challenges in logistics

Logistics, Transport, Trending News
NEW DELHI : NICDC Logistics Data Services Ltd. (NLDSL) announces the launch of Unified Logistics Interface Platform (ULIP) Hackathon 2.0, a competitive event aimed at fostering innovation and developing digital solutions to tackle pressing
September 28, 2024

8th Meeting of India-Myanmar Joint Trade Committee

Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : The 8th meeting of India-Myanmar Joint Trade Committee (JTC) was hosted by India in Vanijya Bhawan, here. The meeting was co-chaired by Joint Secretary, Department of Commerce, Ministry of Commerce and
September 28, 2024

Balmer Lawrie plans Rs 700-crore capital expenditure, to diversify into ethanol production

Logistics, Company, Trade, Trending News, Warehousing
KOLKATA : Diversified PSU Balmer Lawrie & Co has planned a capital expenditure of Rs 700 crore with the aim to achieve a revenue of Rs 6,000 crore by 2030, a company official said
September 28, 2024

Warehousing sector in India gets boost as global supply chains shift from China

Logistics, Global Trade, Supply Chain, Trending News, Warehousing
NEW DELHI : India has witnessed a remarkable surge in warehousing demand across key sectors, with figures rising from 15% in 2019 to 25% in 2024. This increase is primarily driven by favorable government
September 28, 2024

Maersk nears its ‘Equal At Sea’ 2027 Goal : Achieves 45% women cadets intake in India for 2024

International Shipping, Maritime, Trending News
COPENHAGEN : Maersk, a global integrator of logistics, recently announced a significant milestone under its ‘Equal At Sea‘ initiative in India. With 45% of the Nautical and Engineering cadets onboarded in 2024 being women,
September 28, 2024

IMO ‘on track’ to deliver an ambitious package of policies for reducing GHG emissions from international shipping

Maritime, International Shipping, Trade, Trending News
LONDON : The 17th Intersessional Working Group on GHGs has concluded with a number of important developments, that can be used to guide expectations on the nature of measures the IMO is expected to
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