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September 21, 2024

Credlix Goes Global: Launches in the US and Mexico

Logistics, Business, Finance, Supply Chain, Trade, Trending News
NEW DELHI : Credlix, a leading global provider of supply chain financing, has announced its expansion into the USA and Mexico, backed by $50 million in funding from Moglix — Asia’s largest B2B e-commerce
September 21, 2024

Enhancing logistics efficiency: Bridging technology and skill gaps

Logistics, COMMERCE, Company, Technology, Trade, Trending News
Logistics Industry: A Global Powerhouse Undergoing Technological Transformation The logistics industry has seen tremendous growth over the past decade, driven by increased globalization, e-commerce, and significant technological advancements. Valued at over $8 trillion globally,
September 21, 2024

MV Dali departs the US for repairs planned in China

International Shipping, Shipping Line, Trending News
BALTIMORE : The MV Dali containership, which caused the collapse of Baltimore’s Francis Scott Key Bridge in March, has departed American waters and is headed to Ningbo, China, for extensive repairs. The vessel left Norfolk, Virginia, escorted by
September 21, 2024

Golden Lion, an Antigua-flagged vessel damaged in Russian attack on Odesa Port

International Shipping, Foreign Ports, Maritime, Ocean Attack, Trending News
KYIV : A Russian missile strike has damaged infrastructure and an Antigua-flagged civilian vessel Golden Lion, in the Ukrainian Port of Odesa, the regional governor said on Friday. Four people were wounded in the
September 21, 2024

NYK and Oono Development sign MoU to commercialize ship recycling business

International Shipping, COMMERCE, Economy, Finance, Maritime, Ports, Trade, Trending News
TOKYO : Nippon Yusen Kabushiki Kaisha (“NYK”) and Oono Development Co.,Ltd. (“Oono Development”) have agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures are dismantled in Japan
September 20, 2024

PM Modi’s visit to US focus on strengthening ties through QUAD Summit and key bilateral meetings

Trade, Economy, Finance, Global Trade, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi will visit the U.S. from Sept. 21-23, the Foreign Ministry said on Tuesday. During the visit, Modi will attend a meeting of the Quad group comprising
September 20, 2024

Sarbananda Sonowal extended MoU on Maritime issues with Denmark Minister

Maritime, Ports, Shipping, Trending News
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal signed extended MoU on Maritime issues with Denmark Minister Mr. Morten Bodskov, Minister for Industry, Business and Financial Affairs here. India
September 20, 2024

Piyush Goyal chairs inter-ministerial meeting to address rising freight cost, shipping delays, shortage & non-availability of containers and congestion at the ports

Export - Import, COMMERCE, Economy, Logistics, Ports, Railway, Shipping, Trending News
NEW DELHI : An inter-ministerial meeting was held here on Thursday under the chairmanship of Union Minister of Commerce & Industry, Shri Piyush Goyal to address rising freight cost, shipping delays, shortage & non-availability
September 20, 2024

India’s logistics costs to drop to single digit within five years :

Logistics, Transport, Trending News
NEW DELHI : India’s logistics cost is set to fall to single digits within the next five years, according to Union Road Transport and Highways Minister Shri Nitin Gadkari. Speaking at the Deloitte’s Summit
September 20, 2024

India-EU FTA talks to restart on September 23

Trade, COMMERCE, Economy, Finance, Trending News
NEW DELHI : Commerce Secretary Sunil Barthwal announced that, the next round of negotiations for the India-EU Free Trade Agreement (FTA) will take place here from September 23 to 27. Both sides will discuss
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