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Delay in announcement of rates under RoDTEP to impact exports: FIEO

Trade
Apex exporters body FIEO on Friday asked the government to announce the rates for different sectors under the tax refund scheme RoDTEP as further...

‘Win-win’ for shipowners, with charter market rates and vessel values soaring

Shipping
Containership owners have seen the value of their assets soar in the past few weeks, and they are said to be “raking in the...

CMA CGM to operate, manage Port of Alexandria’s new terminal

Ports
Egypt confirmed its plans during the visit of Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group. As informed, the partnership will...

OOIL announces plans to issue New Shares on the Market

Shipping
HONG KONG: Orient Overseas (International) Limited (“OOIL”) is pleased to report that the company has entered into a Placing and Subscription Agreement with Faulkner...

Last mile connectivity & feeder routes of DFCs should be completed simultaneously: Goyal

Shipping
Mr Piyush Goyal, Minister for Railways and Commerce & Industry, this week again reviewed the progress of various sections under completion of the Dedicated...

Hapag-Lloyd significantly improves operating result in 2020

Shipping
HAMBURG: On the basis of preliminary figures, Hapag-Lloyd’s earnings before interest, taxes, depreciation and amortisation (EBITDA) for the 2020 financial year increased to more...

BIMCO publishes Sanctions Clause for the container trade

Shipping
A new time charter sanctions clause specifically designed for the container shipping sector has been published by BIMCO. The BIMCO Sanctions Clause for Container...

DB Schenker connects the World: First three-continent routes as part of extended Global flight network

Logistics
ESSEN/MUNICH: In light of the COVID-19 pandemic, DB Schenker has extended its global flight network. For the first time in its company history, own-controlled...

India must remain an integral part of Global economy : Niti Aayog CEO Amitabh Kant

Trade
NEW DELHI: India must remain an integral part of the global economy if it has to grow at 9-10 per cent over the next...

Bahri Ship Management receives ISO 45001 certification for occupational health and safety

Shipping
RIYADH: Recognizing its sustained efforts to ensure a safe and healthy work environment, Bahri Ship Management, one of five business units within Bahri, a...
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