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September 20, 2024

Harren Group, Kestrel Italia and Intermare join forces to establish KestrelMare in Italy

Logistics, Global Trade, International Shipping, Project Cargo, Trending News
GENOA : An exciting new venture is about to unfold in the Mediterranean: Shipping and logistics companies Harren Group, Kestrel Italia and Intermare have joined forces to found KestrelMare S.r.l. This move will strengthen
September 20, 2024

KR grants AiPs to HD Hyundai Mipo’s Innovative Ammonia and LNG Bunkering Vessels

International Shipping, Bunkering, Maritime, Ship Bunkering, Shipping Line, Trending News
HOUSTON : KR (Korean Register) has awarded an Approval in Principle (AiP) to HD Hyundai Mipo (HD HMD) for their innovative 23K Ammonia Bunkering Vessel and 18K LNG Bunkering Vessel on September 18, at GASTECH
September 19, 2024

100 Days of Modi 3.0 : Commerce Ministry takes several steps to support MSME exporters

EXPORT, COMMERCE, Economy, Finance, Infrastructure, Logistics, Trade, Trending News
NEW DELHI : The Commerce Ministry has taken a host of steps during the 100 days of the Modi 3.0 government for MSME exporters who are facing global challenges due to geo-political tensions. The
September 19, 2024

August exports decline by over 9 % YoY amidst global economic uncertainties coupled with drop in commodity prices and logistical challenges : FIEO President

EXPORT, Logistics, Ports, Trending News
NEW DELHI : Reacting to the August goods exports of USD 34.71 billion, which saw a decline of over 9 percent, FIEO President, Mr Ashwani Kumar said that such a sharp decline in merchandise
September 19, 2024

Indian Ports shows hiking freight rates by nearly 70% in August (YoY)

Ports, Global Trade, Shipping, Trending News
NEW DELHI : August 2024 freight rates have surged nearly 70% year-on-year across Indian ports, showing global shipping disruptions, sustained demand and capacity constraints, which will add to the cost burden of India Inc.
September 19, 2024

India Post to be transformed into logistics firms : Jyotiraditya Scindia

Logistics, Economy, Organisation, Trade, Trending News
NEW DELHI : Indian Government is looking to transform India Post into a logistics company and increase its revenue by 50-60% in the next 3-4 years, Communications Minister Shri Jyotiraditya Scindia said on Wednesday.
September 19, 2024

National Logistics Policy brought remarkable changes in logistics sector : Ketan Kulkarni

Logistics, Company, Economy, Trade, Trending News
MUMBAI : On completion of two years of launch of National Logistics Policy Mr. Ketan Kulkarni, Deputy Managing Director, Gati Express and Supply Chain Pvt. Limited (GESCPL) said, “Over the past two years, the National Logistics
September 19, 2024

8th India Water Week 2024 witnesses impressive turnout showcasing enthusiasm amongst participants

Maritime, Trade, Trending News, waterways
NEW DELHI : Continuing with first day’s momentum, the Day-2 of the 8th India Water Week 2024 also witnessed an impressive turnout showcasing the great enthusiasm amongst the participants. Three sessions of the Country Forum were held
September 19, 2024

India and European Union agree to deepen cooperation in Sustainable Water Management

Maritime, Global Trade, Trade, Trending News
NEW DELHI : India and the European Union (EU) agreed to enhance cooperation in sustainable water management at the 6th EU-India Water Forum held on the sidelines of the 8th India Water Week, in New Delhi
September 19, 2024

U.S. takes legal actions against Dali ship owner and operator for $100 million over Baltimore bridge collapse

International Shipping, Maritime, Trending News
BALTIMORE : US Department of Justice is suing the owner and operator of the container ship Dali, saying negligence and dangerous cost-cutting decisions led to the ship ramming into — and destroying — Baltimore’s Francis
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