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September 21, 2024

Breaking barriers : India and South Korea are modernizing trade with eBills of Lading

Trade, COMMERCE, Customs, Economy, Finance, Global Trade, Trending News
NEW DELHI : According to an official announcement came that, India and South Korea have started electronically transferring bills of lading(eBill of Lading) between their customs authorities, a decision that is expected to simplify
September 21, 2024

WISTA International AGM & Conference 2024 – Countdown to Milestone Anniversary Event

International Shipping, Associationn, Trade, Trending News
LIMASSOL : The WISTA International AGM and Conference, scheduled for October 9-11, will mark the organisation’s 50th anniversary. The event will bring together over 300 global leaders, innovators, and advocates to discuss the intersections
September 21, 2024

U.S. East Coast Ports begin prepping for first union strike since 1977

International Shipping, Foreign Ports, Maritime, Trending News
NEW YORK : Port of New York/New Jersey executives tell CNBC they have begun preparations for a potential complete work stoppage by the International Longshoremen’s Association, the largest North American union for maritime workers.
September 21, 2024

Credlix Goes Global: Launches in the US and Mexico

Logistics, Business, Finance, Supply Chain, Trade, Trending News
NEW DELHI : Credlix, a leading global provider of supply chain financing, has announced its expansion into the USA and Mexico, backed by $50 million in funding from Moglix — Asia’s largest B2B e-commerce
September 21, 2024

Enhancing logistics efficiency: Bridging technology and skill gaps

Logistics, COMMERCE, Company, Technology, Trade, Trending News
Logistics Industry: A Global Powerhouse Undergoing Technological Transformation The logistics industry has seen tremendous growth over the past decade, driven by increased globalization, e-commerce, and significant technological advancements. Valued at over $8 trillion globally,
September 21, 2024

MV Dali departs the US for repairs planned in China

International Shipping, Shipping Line, Trending News
BALTIMORE : The MV Dali containership, which caused the collapse of Baltimore’s Francis Scott Key Bridge in March, has departed American waters and is headed to Ningbo, China, for extensive repairs. The vessel left Norfolk, Virginia, escorted by
September 21, 2024

Golden Lion, an Antigua-flagged vessel damaged in Russian attack on Odesa Port

International Shipping, Foreign Ports, Maritime, Ocean Attack, Trending News
KYIV : A Russian missile strike has damaged infrastructure and an Antigua-flagged civilian vessel Golden Lion, in the Ukrainian Port of Odesa, the regional governor said on Friday. Four people were wounded in the
September 21, 2024

NYK and Oono Development sign MoU to commercialize ship recycling business

International Shipping, COMMERCE, Economy, Finance, Maritime, Ports, Trade, Trending News
TOKYO : Nippon Yusen Kabushiki Kaisha (“NYK”) and Oono Development Co.,Ltd. (“Oono Development”) have agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures are dismantled in Japan
September 20, 2024

PM Modi’s visit to US focus on strengthening ties through QUAD Summit and key bilateral meetings

Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi will visit the U.S. from Sept. 21-23, the Foreign Ministry said on Tuesday. During the visit, Modi will attend a meeting of the Quad group comprising
September 20, 2024

Sarbananda Sonowal extended MoU on Maritime issues with Denmark Minister

Maritime, Ports, Shipping, Trending News
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal signed extended MoU on Maritime issues with Denmark Minister Mr. Morten Bodskov, Minister for Industry, Business and Financial Affairs here. India
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