Shortages, supply congestion will make festive shopping more expensive
MUMBAI : The world of logistics and manufacturing is in a state of disarray. A record number of ships are stuck outside Los Angeles and Long Beach, Calif.
DP World face ire over new system of clearing import boxes at Cochin Port
KOCHI : Container freight stations (CFS) and export-import (EXIM) trade in Cochin Port have opposed a new system of clearing import containers introduced by DP World at its
Darjeeling tea exporters initiate talks with China
KOLKATA : Darjeeling tea exporters have initiated talks with Chinese tea importers to ship the quality first flush teas for the next season.Industry executives said the development comes
First consignment of GI tagged sweet dish Mihidana from West Bengal exported to Bahrain
NEW DELHI : In an effort to promote indigenous & Geographical Identification (GI) tagged products, first consignment of GI tagged sweet dish Mihidana sourced from Bardhaman, West Bengal has been
Sugar exports may fall to 5-6 mn tonnes in 2021-22 from record 7.1 mn tonnes in previous yr: Industr
NEW DELHI : India”s sugar export is estimated to decline to 5-6 million tonnes in the current marketing year ending September from a record 7.1 million tonnes in
IPCSA launches global study for Port Community Systems
International Port Community Systems Association (IPCSA) has launched a new study that will support the development of Port Community Systems (PCS) around the world. The study will focus
Continued expansion in Mexico for the WLP
MEXICO : The Mexican Secretariat of the Economy (SE) has signed a Memorandum of Understand with the World Logistics Passport (WLP), establishing the SE as a co-ordinating partner in
BOLLORÉ Logistics inaugerates its new site in ARNAGE
On 30 September 2021, Bolloré Logistics inaugurated its new site in Arnage, a few weeks after 95 Bolloré Logistics employees moved into their new agency. Established in the
Freight rates elevated more than 90% in one year
Xeneta Shipping Index (XSI) has revealed another monthly hike in long-term ocean freight rates, with global container prices rising by 3.2% in September, followed by a 2.2% increase
Hanjin Heavy wins order for boxship quartet
Hanjin Heavy Industries & Construction Co., a mid-sized shipbuilder in South Korea, has secured a KRW 310.5 billion (about $261.8 million) order for the construction of four containerships.