Shipsy sets up regional headquarters in Dubai
GURGAON : Logistics platform Shipsy said it has established regional headquarters in Dubai, UAE, which will pave the way for new partnerships and mutual avenues of growth in the region. The regional headquarters was
FIEO partners with Aramex India to support MSME exporters in India
NEW DELHI : Federation of Indian Export Organisations (FIEO) has signed a Memorandum of Understanding (MoU) with Aramex India to support Micro, Small and Medium Enterprise (MSME) exporters in India. As part of the
‘Crazy rates’ to ship a container out of India – after a 100% premium to get the box
MUMBAI : With the severe shortage of containers and capacity, Indian forwarders are being quoted “crazy” freight rates by carriers that “won’t honour” contracts. According to the Federation of Indian Export Organisations (FIEO), there
Commencement of Transworld Group and DP World Strategic Partnership
DUBAI : In line with the Transworld Group’s earlier correspondences on its strategic partnership with DP World and its subsidiary Unifeeder Group, it has informed in a communiqué that final approvals from the relevant
Bestseller secures carbon-neutral ocean transport through new partnership with Maersk
Copenhagen, Denmark – A.P. Moller – Maersk today announced the signing of a fully carbon-neutral transport agreement on ocean services with BESTSELLER. The open-ended agreement on lifestyle logistics covers all of BESTSELLERs global transportation requirements
Korea Development Bank doubles its stake in HMM
KOREA : Korea Development Bank (KDB), which is already the largest shareholder of HMM, will double its stake in South Korea’s flagship liner operator by changing KRW300 billion (US$265.3 million) of convertible bonds into
India to be second fastest growing economy after China this year
MUMBAI : The World Bank positively projected that the Indian economy will grow at 8.3% for the financial year 2021-22. It is to be noted that despite the crippling impact of the second wave,
The inaugural vessel of CI1 service calls at APM Terminals Pipavav
PIPAVAV : APM Terminals Pipavav received the first call of CI1 (China-India Express) service operated by COSCO/OOCL, last week. The vessel M.V. OOCL MEMPHIS of COSCO shipping line with capacity of 8,888 TEUs reached