Safesea, NRI-led group, Megha Engg shortlisted for Shipping Corp stake
MUMBAI : US-based Safesea, Megha Engineering and Infrastructure and a consortium led by NRI businessman Ravi Mehrotra have been shortlisted as potential patrons for the federal government of India’s stake in (SCI).The three bidders, who had submitted
India to import UK apples and pears in new trade link-up
British apple and pear growers can soon export to India for the first time under a trade partnership announced this week. The agreement is not as comprehensive as a free trade deal, such as
India exports organic millets grown in Himalayas to Denmark
BANGALORE : In a major boost to organic products exports from the country, first consignment of millets grown in Himalayas from snow-melt water of Ganges in Dev Bhoomi (Land of the God), Uttarakhand would
Veem, Freightos Collaborate On Digital Payments For Global Freight
HONGKONG : Online payment technology company Veem will be collaborating with digital global freight reservation platform Freightos.com. Veem will be on Freightos.com as an available payments choice, providing users with additional methods to make payments for international
No headway in lifting India’s anti-dumping duty yet
NEW DELHI : There is no development regarding lifting anti-dumping duty on Bangladeshi goods in Indian market and Dhaka is yet to hear from New Delhi despite sending a letter in this regard two
Share prices of global liners leap 400% during the pandemic
LONDON : Investors have piled into the red-hot container shipping market, sending share prices for top liners skywards. Alphaliner has run the numbers for the largest, listed global carriers, revealing their share prices have
A.P. Moller – Maersk reports strong performance in Q1 2021 with record profit
COPENHAGEN : A.P. Moller – Maersk had an exceptionally strong start to the year, with strong earnings and growth momentum across all our businesses in ocean, port services and logistics. The company benefitted from
J M BAXI GROUP’s initiative to support India’s Oxygen Cylinder demand
MUMBAI : While India is battling the resurgence of the COVID-19 pandemic, the shortage of medical oxygen has turned into a major crisis. Countries, organisations, individuals, and governments & private firms are working day