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September 21, 2024

Empowering exporters and streamlining processes main focus of Department of Commerce in first 100 days of Modi Government

Trending News, COMMERCE, Economy, EXPORT, Finance, Trade
NEW DELHI : The Department of Commerce (DoC) has focused on empowering exporters, streamlining processes, and promoting economic growth through innovative solutions during the first 100 days of this Government. These achievements underscore the.
September 21, 2024

Gujarat CM launches ‘Economic Development Plan’ for Surat Economic Region as a growth hub

Logistics, Economy, Export - Import, Global Trade, Trade, Trending News
SURAT : The ‘Economic Development Plan‘ for the Surat Economic Region, encompassing the districts of Navsari, Bharuch, Dang, Tapi, and Valsad, was officially launched in Surat. Chief Minister Shri Bhupendra Patel emphasized that this
September 21, 2024

SCI to acquire 5 new container ships leading others to help exporters reducing logistics costs

Export - Import, EXPORT, Logistics, Ports, Shipping, Trending News
NEW DELHI : The Shipping Corporation of India (SCI) will acquire five new functional container ships and other agencies involved in export logistics like Container Corporation (Concor) and ports will reduce their tariffs to help
September 21, 2024

Adani Ports defies odds : FY25 volume outlook remains robust amid strikes

Ports, Economy, Trade, Trending News
AHMEDABAD : While Adani Ports and SEZ Ltd hit a temporary snag in H1FY25, the volume guidance remains strong at 460-480 mmt for FY25, stated a report by Motilal Oswal Financial Services. Volumes in Q1FY25 grew
September 21, 2024

MoU signed between Adani Ports and Rorix Holdings for trade, logistics purposes to revolutionize the commodities market Ecosystem

Ports, Economy, Finance, Global Trade, Logistics, Trade, Trending News
AHMEDABAD : India’s largest private multi-port operator-Adani Ports and Special Economic Zone Limited announces the signing of a Memorandum of Understanding (MOU) during the UAE-India Business Forum with Rorix Holdings, the Abu Dhabi-based global
September 21, 2024

Short-term contracts: A New era for Indian Port privatisation strategies

Ports, Shipping, Trade, Trending News
NEW DELHI : Indian Major Ports steadily more adopting the operation and maintenance (O&M) model as an alternative to the public-private partnership (PPP) format for privatising cargo terminals. The O&M model is seen as a
September 21, 2024

Rohini Nilekani, buys Rs 8.55 Crore worth stake worth Rs 8.55 Crore in Allcargo Gati

Logistics, Economy, Trade, Trending News
MUMBAI : Indian writer and philanthropist Rohini Nilekani, wife of Infosys co-founder Nandan Nilekani, acquired a stake worth Rs 8.55 crore in Indian logistics company Allcargo Gati Ltd. through open market transactions on Thursday.
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.
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