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June 4, 2024

L-Acoustics and GEODIS announce the opening of a Regional Distribution Centre in Singapore

Logistics, Company, International Shipping, Trade, Trending News
SINGAPORE : GEODIS, a leading global logistics provider,  and L-Acoustics, the industry leader in premium professional sound, opened their new regional distribution center in Singapore. The distribution center, the first for L-Acoustics in the Asia Pacific
June 4, 2024

New investments announced for the NY-NJ harbor

Foreign Ports, International Shipping, Trade, Trending News
NEW YORK : The Port Authority of New York and New Jersey has outlined a multifaceted package of significant investments in partnership with the U.S. Army Corps of Engineers to boost navigational safety and
June 4, 2024

UMAS evolves to better serve the shipping sector’s decarbonisation needs

International Shipping, Maritime, Trending News
LONDON : UMAS, formerly a close collaboration between the UCL Energy Institute shipping research group and UMAS International Ltd, is to take on a new configuration to better serve the shipping sector’s needs, as
June 4, 2024

Bernhard Schulte Shipmanagement appoints new board member Bjoern Sprotte as CPSO

International Shipping, Shipmanagement, Trending News
HAMBURG : Bernhard Schulte Shipmanagement (BSM) is pleased to announce the appointment of Bjoern Sprotte as Chief People and Sustainability Officer to the Management Board, effective 1 June 2024. Based in Limassol, Cyprus, and
June 3, 2024

Visakhapatnam Port Authority sets unprecedented records in May 2024

Ports, Shipping, Trending News
VISAKHAPATNAM : The Visakhapatnam Port Authority (VPA) proudly announces its record-breaking performance in May 2024, with the collaborative working with all the trading partners marking a historic achievement in its 90-year history. Key Milestones
June 3, 2024

PICT handled first-ever reefer container at Paradip Port

Ports, Container Terminal, Shipping Line, Trade, Trending News
PARADIP : Paradip International Cargo Terminal(PICT) made history at Paradip Port with the first-ever refrigerated container (reefer) transport from PICT berth. The reefer container of B one was successfully loaded in MV MSC JUANITA
June 3, 2024

A massive infrastructure push expected in Railways, Highways and Aviation under Modi 3.0 according to the Exit Polls 2024

Aviation, Infrastructure, Logistics, Railway, Transport, Trending News
NEW DELHI : As exit polls signal the return of the Modi government, the three infrastructure sectors—Railways, Highways, and Aviation—are expected to remain the top priority for the government in its third term with
June 3, 2024

DGFT taps export bodies for inputs on efficacy of interest equalisation scheme

EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : The DGFT has sought information from various export bodies on the trade finance eco system in India and related challenges to assess if the government’s interest equalisation scheme for exporters is yielding results
June 3, 2024

Container shipping rates going to rise high again

Container, Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
ATHENS : Container shipping rates are on the rise once more. In its latest weekly report, shipbroker Xclusiv said that “container shipping rates are soaring, nearing record highs from the pandemic era as the
June 3, 2024

India is planning connectivity trial runs with Middle East Ports to drive forward IMEC

Logistics, Economy, Export - Import, Global Trade, International Shipping, Railway, Shipping, Trade, Trending News
NEW DELHI : India is exploring connectivity trial runs with Middle East; and the first phase would involve linking one port on the country’s west coast with its counterpart in West Asia. The trials,
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