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April 19, 2024

India’s exports to China rise 8.74% in FY24 but remain below pre-pandemic levels

EXPORT, Business, COMMERCE, Global Trade, Trade, Trending News
NEW DELHI : India’s exports to China increased by 8.74% from $15.33 billion in FY23 to $16.67 billion in FY24, according to Commerce Ministry data, while imports from China rose 3.29% to $101.75 billion
April 19, 2024

Maersk issues Trade Advisory about their operations in Israel

International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Maersk is continuing to keep a close eye on the ongoing geopolitical situation involving Israel, with the main aim of ensuring the safety and well being of our staff and the best-possible
April 19, 2024

Port of Antwerp-Bruges handles over 3.2 million TEUs in first quarter

Foreign Ports, International Shipping, Trending News
ANTWERP : The Port of Antwerp-Bruges said that despite the ongoing complexities in geopolitics and macroeconomics, its volume growth, primarily driven by a resurgence in container throughput, highlights the port resilience. Following a global
April 19, 2024

Ocean Network Express launches Green Shipping Solution – ONE LEAF+

International Shipping, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE), a leading global shipping company, announced the launch of its reduced emissions shipping service – ONE LEAF+, designed to meet the shared decarbonisation aspirations of the shipping industry.
April 19, 2024

PIL joins DCSA to advance container shipping digitalisation standards

International Shipping, Logistics, Shipping Line, Trade, Trending News
SINGAPORE : Pacific International Lines (PIL) has joined the non-profit organisation, Digital Container Shipping Association (DCSA), to drive standardisation and digital innovation in the container shipping industry. DCSA’s founding members consist of 9 of
April 19, 2024

BSM launches Smart Academy programme innovating maritime education

International Shipping, Education, Maritime, Shipmanagement, Shipping Line, Trade, Trending News
HAMBURG : Bernhard Schulte Shipmanagement (BSM) introduces a new educational programme for future seafarers. BSM Smart Academy is a collaboration with selected maritime universities worldwide with the goal of closing the gap between academic
April 19, 2024

Sea-Intelligence reports sharp drop in blank sailings

International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Spot rates have experienced a continuous decline over the past several months. In response, shipping lines face two possible strategies. One option is to increase blank sailings, reducing supply and halting the
April 19, 2024

Indonesia’s volcano eruption triggers Tsunami alert, thousands told to evacuate

Maritime, Export - Import, Foreign Ports, International Shipping, Trade, Trending News
JAKARTA : A tsunami alert was issued in Indonesia on Wednesday after multiple eruptions of the Ruang mountain volcano sent ash and lava thousands of feet in the sky. The tsunami alert in multiple areas of
April 18, 2024

S.K.Mehta, IFS, Ex-Chairman, DPA given warm farewell by DPA HODs and Kandla Port Karmachari Sangh

Ports, Trade, Trending News
GANDHIDHAM : Shri S.K. Mehta, IFS, Chairman-DPA, who joined Deendayal Port Authority in the year 2019 has been promoted to the grade of Principal Chief Conservator of Forests recently and Kandla Port Karmachari Sangh
April 18, 2024

Overall exports surpassing FY23 figures of US$ 776.40 billion to US$ 776.68 billion despite persistent global challenges : President, FIEO

EXPORT, Global Trade, Trending News
NEW DELHI : Responding to overall export figures for the FY 2023-24, which surpassed the last FY 2022-23 figures of US$ 776.40 bn to US$ 776.68 bn, goes to show not only the firm
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