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July 26, 2024

GEODIS achieves TAPA TSR 2023 Level 1 Standard for cross-border road freight

Logistics, Transport, Trending News
LEVALLOIS (FRANCE) : Through sustained multi-year investments, the GEODIS Road Network delivers a viable high-security, cost-efficient and lower-carbon alternative to air freight while also providing a faster option compared to ocean freight. GEODIS, a leading global
July 26, 2024

ClassNK carries out third-party verification of MOL group’s self-aggregated social data

International Shipping, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has carried out third-party verification for self-aggregated social data of Mitsui O.S.K. Lines, Ltd. and its group companies, and issued an assurance statement.  In an era where proactive corporate actions are
July 26, 2024

Baltic index slips for fourth straight day as capesize rates dip

International Shipping, Shipping Line, Trade, Trending News
LONDON : The Baltic Exchange’s main Sea Freight index, which tracks rates for ships ferrying dry bulk commodities, was down on Wednesday for the fourth straight session, tracking a fall in rates for the
July 26, 2024

Marlink upgrades Shelf Drilling’s offshore network with SD-WAN and Starlink Solutions

International Shipping, Maritime, Shipping Line, Trending News
OSLO : Marlink, the leading managed services provider of business-critical ICT solutions, has announced two major upgrades for long-term customer Shelf Drilling. The first upgrade involves implementing a software-defined network management (SD-WAN) solution across
July 25, 2024

Big win over China, India secures operational rights of Mongla Port’s Terminal in Bangladesh

Maritime, Foreign Ports, Ports, Trade, Trending News
NEW DELHI : India on Tuesday secured another major strategic victory over China by securing operational rights of Mongla Port’s terminal of Bangladesh in the Indian Ocean. Amidst China’s policy to expand its influence,
July 25, 2024

Global cruise major MSC Cruises to set sail in India as favourable tax reforms kick in: Sonowal

Maritime, Cruise Tourism, Ports, Shipping, Shipping Line, Trending News
NEW DELHI : Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal said that Global cruise major MSC Cruises, based out of Geneva, has expressed willingness to start India operations post clarity of
July 25, 2024

Bhutan King and PM visit Adani’s Khavda energy project site & Mundra Port

Ports, Company, Economy, Finance, Global Trade, Trade, Trending News
AHMEDABAD : His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan and Hon. PM Bhutan Dasho Tshering Tobgay visited Adani Group’s flagship infrastructure 30 GW Renewable Energy site at Khavda and Mundra Port on
July 25, 2024

Union Budget 2024-25: India’s next generation reforms and strategic policies

Trade, Economy, Finance, Trending News
NEW DELHI : The Union Budget 2024-25, presented by Union Finance Minister, Smt. Nirmala Sitharaman, sets a visionary path for India’s economic development. The budget focuses on the theme of “Next Generation Reforms,” aiming
July 25, 2024

CBIC Chairman focuses on Gold import duty under FTAs cut in Union Budget 2024

Import, Customs, Economy, Finance, Trade, Trending News
NEW DELHI : A surge in imports under free trade agreement, lower current account deficit and a spate in smuggling prompted the Union Budget to slash duty on gold from 15 percent to 6 percent, according
July 25, 2024

Paradip Port conducts first ship-to-ship special grade diesel oil transfer

Maritime, Ports, Trending News
PARADIP : Paradip Port has conducted the first ship-to-ship special grade diesel oil transfer from MT Orkim Fortitude to empty tanker MT Torm Republican at its North Oil Jetty inside Harbour area. This has
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