To reach containers to exporters faster, govt mulls rail movement of empties
MUMBAI : The government may not have a handle on the steep freight rates, but it can speed up movement of empty containers from ports to the hinterland for loading export goods and stop
Spotlight on the state of the sector
LONDON : It has been immensely challenging year for the ports and terminals industry so far. Supply chain disruptions have put a spotlight on the importance of digital technologies and collaboration between stakeholders. There
Shortages push Freight Rates to New High
LONDON : Global shipping costs have soared to record highs after an August price surge fuelled by the scramble by firms to combat severe supply shortages as port and factory shutdowns bite. Trade experts
“Accelerated digitalisation is key to buttressing Maritime Supply Chain resilience” : Vaishnav Shetty
Advancements in technology will certainly be a driver of enhanced customer experience and subsequently, provide a multiplier effect on manufacturing processes and consumption behaviour. The maritime trade industry is a complex behemoth. The industry
APSEZ gets approval to buy 10.4% stake in Gangavaram Port
AHMEDABAD : Adani Ports and Special Economic Zone Ltd. (APSEZ) informed exchanges on Tuesday that it received approval from the Andhra Pradesh Government for the proposed acquisition of the latter’s 10.4% stake in Gangavaram
Shipping Industry in India: Prospects for Foreign Investors
India’s strategic location, enveloped by the world’s busiest maritime route in the Indian Ocean, marks the importance of its shipping industry which facilitates 95 percent of India’s international trade by volume. Therefore India is
Exporters likely to move CCI on ‘cartelisation’ in Shipping industry
MUMBAI : Baffled by the increase in logistical costs and short supply of containers, which are making business uncompetitive, a group of exporters are gearing up to approach the Competition Commission of India (CCI)
SpiceJet to pursue separate AOC for cargo unit
NEW DELHI : Minister of Civil Aviation VK Singh has said that SpiceXpress & Logistics, the cargo division of SpiceJet (SG, Delhi Int’l), is among four companies that have applied for no-objection certificates to launch scheduled air