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July 19, 2024

India can become logistics hub of the region and beyond : World Bank

Logistics, Economy, Finance, Global Trade, Trending News
WASHINGTON : In order to achieve the target of becoming one among the top-25 countries in terms of logistics efficiency, PM Gati Shakti platform should be overlaid with trade flow data, multi-modal parks have
July 19, 2024

Kochi Water Metro model can be replicated in Kolkata, Mumbai, Guwahati, Goa : MoPSW

Maritime, Inland Waterways, Ports, Shipping, Trending News, Water Transport, waterways
NEW DELHI : The Kochi Water Metro model could be adopted in various other locations, such as in Kolkata, Mumbai, Guwahati, and Goa, a senior Shipping Ministry official said on Tuesday. The Ministry of
July 19, 2024

Successful Technical Seminar on “Digitalisation & Use of AI for Efficiency Improvement of Ships” held by Indian Register of Shipping and DMET Meri Ex-Cadets Association

Maritime, Shipping, Shipping Line, Technology, Trending News
MUMBAI : Indian Register of Shipping (IRS) and DMET MERI – Ex Cadets Association successfully hosted a Joint Technical Seminar on “Digitalisation & Use of AI for Efficiency Improvement of Ships” on 16 July 2024
July 19, 2024

CMA CGM and Google have partnered to pioneer AI-driven logistics

International Shipping, Global Trade, Logistics, Shipping Line, Trending News
MARSEILLE : French shipping and logistics company CMA CGM has signed a partnership with Alphabet’s Google to speed up deployment of AI solutions across its operations worldwide, the two companies announced on Thursday. CMA
July 19, 2024

NITI Aayog reconstituted, 15 union ministers, NDA allies made part of it

Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : The Narendra Modi-led NDA Government on Tuesday reconstituted the NITI Aayog, with four full-time members and 15 union ministers, including from BJP allies, as either ex-officio members or special invitees. Prime
July 19, 2024

First vessel of China Calcutta Service enters Kolkata Port

Ports, DockS, Shipping, Terminal, Trending News
KOLKATA : The maiden vessel of the weekly China Calcutta Service (CCS) entered the Kolkata Dock System (KDS) on Thursday amidst much fanfare. An official said that the Singapore-flag 143.93 metre-long MV Kota Rakyat
July 19, 2024

NHAI to charge double toll from vehicles with non-affixed FASTag on front windshield

Logistics, COMMERCE, Economy, Transport, Trending News
NEW DELHI : To deter National Highway users from deliberately not fixing FASTag on the windscreen of the vehicle, NHAI has issued guidelines to collect double user fee from such users entering the toll
July 19, 2024

India targets $110 billion FDI a year to help boost economy

Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : India is aiming to boost annual Foreign Direct Investment by more than 50% to help lift economic growth, according to a top official at the government’s investment promotion agency. “For the
July 19, 2024

CBI arrests customs superintendent in Mumbai

Customs, Container Terminal, Trade, Trending News
MUMBAI : Central Bureau of Investigation (CBI) has arrested a senior official of the Customs for demanding and accepting a bribe of Rs 80,000 from the complaint. The accused, an official of the rank of
July 19, 2024

The Global Centre for Maritime Decarbonisation concludes its final biofuel blend supply chain trial with Hapag-Lloyd

International Shipping, Maritime, Shipping Line, Trending News
SINGAPORE : The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed its final supply chain trial for biofuel blended with very low sulphur fuel oil (VLSFO). This marks the end of a series
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