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July 26, 2024

DPA launches SAAGAR Initiative with First Volume Commitment from PFP Group

Ports, Economy, Shipping, Trending News
GANDHIDHAM : Deendayal Port Authority (DPA) proudly announces the introduction of its new incentive scheme, Strategic Actions to Aid Growth and Rewards (SAAGAR), designed to boost growth through volume commitments. The PFP Group from
July 26, 2024

DP World receives the Authorized Economic Operator-Logistics Operator (AEO-LO) program accreditation administered by the CBIC

Export - Import, Customs, Logistics, Terminal, Trade, Trending News
MUMBAI : DP World, a leading provider of worldwide, smart, end-to-end supply chain solutions, has received the prestigious AEO-LO (Authorised Economic Operator for Logistic & Terminal Operators) certification. The certification, under the aegis of
July 26, 2024

Minister informed Lok Sabha on export of small products by MSMEs

EXPORT, COMMERCE, Economy, Trade, Trending News
NEW DELHI : MSME sector has a significant contribution in GDP, employment generation, manufacturing output, and exports in the country. The sector is manufacturing a large variety of products including small products. Product/sector wise
July 26, 2024

GIFT City and Diamond industry greet Union Budget 2024

Trade, Business, COMMERCE, Customs, Economy, Finance, Trending News
GANDHINAGAR : The Diamond sector in Gujarat and the GIFT City on Tuesday welcomed the Union Budget presented by Finance Minister Smt Nirmala Sitharaman, with industry leaders calling it a launch pad for a
July 26, 2024

National Maritime Domain Awareness Centre in India

Maritime, Maritime Piracy, Terrorism, Trafficking, Trending News
NEW DELHI : India is going to open a National Maritime Domain Awareness Center (NMDAC) to fight new dangers in the Indian Ocean Region (IOR). The NMDAC will focus on terrorism, piracy, trafficking, and
July 26, 2024

India creates legroom to sign UK, EU FTAs with Customs Act amendments

Customs, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : To create legroom for signing free trade agreements (FTAs) with developed nations such as the UK and European Union, the Union Budget 2024 has introduced amendments in the Customs Act, liberalising
July 26, 2024

MSC resumes Transpacific service

International Shipping, Shipping Line, Trade, Trending News
GENEVA : MSC has announced the reinstatement and improvement of Liberty service, a standalone product of MSC, aiming to provide additional capacity for the ongoing robust demand in the Transpacific market. As part of
July 26, 2024

India’s July edible oil imports to surge to record on robust palm buying, sources say

Import, Oil Refinery, Shipping, Tanker, Trade, Trending News
NEW DELHI : India bought a record amount of edible oils for July delivery, as refiners increased palm oil and soyoil purchases due to lucrative prices and ahead of an anticipated hike in import
July 26, 2024

Containerization & Intermodal Institute elects PMSA’s Michele Grubbs to Board of Directors

Container, Education, Global Trade, International Shipping, Logistics, Organisation, Trending News
MIDDLETOWN : Ms. Michele Grubbs, Vice President at the Pacific Merchant Shipping Association (PMSA), has been elected to the Board of Directors of the Containerization & Intermodal Institute (CII), a not-for-profit organization committed to
July 26, 2024

Tailwind Shipping Lines welcomes new Vice President Liner Shipping Management

International Shipping, Shipping Line, Trade, Trending News
HAMBURG : Tailwind Shipping Lines is welcoming a new Vice President Liner Shipping Management. On 1 August, Mr. Nico Peters will take over this role at the Hamburg-based container liner shipping company, the second-largest in
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