Cotton export demand from China hits new high
NEW DELHI : Export demand for cotton, especially from China, has hit a new high, according to reports. Cotton prices have gained over 10 per cent so far this year following the firm trend
FIEO launches “Container Demand e-module” to address containers unavailability
NEW DELHI : To facilitate assessment of containers requirement as well its fulfilment, FIEO has developed a first level marketplace wherein exporters can post their container demands online. The e-module will help in ground
Cosco Shipping launches blockchain solution for China inland ports
The two parties officially launched the digitalised contactless imports pickup solution based on blockchain technology at Wuhu port, Anhui province. Following the coastal ports including Shanghai, Xiamen, Qingdao, Ningbo, Guangzhou and Tianjin, Wuhu Port
Concor lines up discount to tackle container shortage
NEW DELHI : In an effort to address the shortage of containers that is affecting exporters, the state-run Container Corporation of India (Concor) will offer a 50 percent discount on the movement of empty
CMA CGM ,French shipping group ‘calls off’ plan to sell stake in Mundra terminal to Chinese firm
Move comes after govt declines consent French shipping group CMA CGM is said to have dropped plans to sell the 50 per cent stake held by its unit CMA Terminals Holding in Adani CMA
DP World completes the first 10,000 moves in the BoxPay system
DP World, in cooperation in a joint venture called the BoxPay System, with the German SMS Group, which specializes in industrial engineering, announced the completion of the first 10,000 container movements in BoxPay to
Gateway Distriparks Group merger & amalgamation process on track
Gateway Distriparks Ltd (GDL) had announced an amalgamation scheme between GDL and its subsidiaries Gateway Rail Freight Ltd and Gateway East India Pvt. Ltd in September 2020. Now, both NSE and BSE have conveyed
AllCargo likely to bid for CONCOR stakes
Allcargo Logistics is showing interest to bid for the stakes in state-run Container Corp of India. The logistics provider, in order to make the purchase successful, is also in advanced discussions with a foreign