March 20, 2026
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June 29, 2024

Container prices double, leasing rates triple in China

Ports, Foreign Ports, International Shipping, Trending News
BEIJING : The average container prices in China have reached their highest in two years, at US$3,600 this week for 40 ft high cube cargo-worthy containers in China.These prices were somewhere around US$1,700 in
June 28, 2024

National Logistics Day – June 28

Logistics, Trending News
As there are a “National Day” for about everything under the sun and that is ok because who doesn’t love celebrating key dates in history, industries and holidays. So, in 2019, TIA member Logistics
June 28, 2024

MoPSW may back green transition of inland vessels, tugboats with ₹15,000 cr VGF

Ports, Shipping, Trade, Trending News
NEW DELHI : The Shipping Ministry is preparing a ₹15,000-crore viability gap funding (VGF) plan for companies to shift to greener vessels for inland water transport over the next 10 years, said two persons aware
June 28, 2024

PM Gati Shakti scheme is transforming India’s infrastructure: Morgan Stanley

Logistics, Economy, Global Trade, Infrastructure, Trade, Trending News
NEW DELHI : In a recent report American multi-national investment bank and financial company Morgan Stanley has all praise for PM Gati Shakti Scheme. The report says India has scaled up its infrastructure strongly
June 28, 2024

Work on India-UAE leg of $20b trade corridor set to kick off

Logistics, Economy, Global Trade, Trade, Trending News
NEW DELHI : Work on the India-UAE leg of the $20 billion transcontinental India-Middle East Europe Economic Corridor (IMEC), widely viewed as a counter to China’s intercontinental Belt and Road Initiative, is set to
June 28, 2024

Govt imposes anti-dumping duties on 3 Chinese products

Trade, COMMERCE, Economy, Global Trade, Trending News
NEW DELHI : Indian Government imposed anti-dumping duties on three Chinese products including hydraulic rock breakers to protect domestic players from cheap imports. These duties were imposed following a recommendation by the Commerce Ministry’s
June 28, 2024

JSW Infra arm JSW Port Logistics to acquire majority stake in Navkar Corporation

Logistics, Business, Economy, Infrastructure, Ports, Trending News
MUMBAI : Sajjan Jindal-led JSW Infrastructure, the second largest private commercial port operator in India, has acquired a 70.37 per cent stake in BSE-listed Navkar Corporation, a logistics firm, for Rs 1,012 crore.  According
June 28, 2024

Chabahar Port sees 6x container traffic growth in FY24, more investments on cards

Logistics, Global Trade, Ports, Trending News
NEW DELHI : India funded Chabahar Port in Iran has seen a 600 per cent increase in container traffic y-o-y in FY24, with the terminal handling 64,245 TEUs (twenty equivalent units), data from India’s
June 28, 2024

INS Tabar arrives Alexandria

Maritime, Foreign Ports, Navy, Trending News
NEW DELHI : As part of her ongoing deployment to Africa and Europe, Indian Navy’s frontline frigate, INS Tabar, arrived at the historic Port City of Alexandria, Egypt for a goodwill visit from 27 to
June 28, 2024

WTO’s $648 billion funding helps integrate developing economies into global trade

Trade, Economy, Global Trade, Trending News
BRUSSELS : The World Trade Organization’s (WTO) Aid for Trade initiative has contributed $648 billion in funding since 2006 to strengthen the export potential of developing economies and least-developed countries (LDCs). This initiative has
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