First vessel of China Calcutta Service enters Kolkata Port
The maiden vessel of the weekly China Calcutta Service (CCS) entered the Kolkata Dock System (KDS) on Thursday amidst much fanfare. An official said that the Singapore-flag 143.93 metre-long MV Kota...
View ArticleCONCOR launches e-Booking facility of containers at ICD TKD
The Container Corporation of India (CONCOR) has announced the launch of the facility for e-Booking of containers at its flagship ICD Tughlakabad terminal. This is yet another step towards ease of doing...
View ArticleLogistics-as-a-service on ONDC hits 1 million transactions in June
On-network logistics-as-a-service on the government-backed Open Network for Digital Commerce (ONDC), touched one million transactions in June, ONDC said, on Friday. This is an initiative bridging the...
View ArticleWestern corridor likely to be completed by 2025, says DFCC MD RK Jain
The much-awaited Western dedicated freight corridor, which connects Maharashtra with northern India, will be completed by the end of 2025, marking the completion of the dedicated freight corridor...
View ArticleIndiGo CarGo signs interline deal with Air France KLM Martinair Cargo
Air France KLM Martinair Cargo (AFKLMP) and IndiGo CarGo announced the signing of an extensive interline agreement connecting their networks. “This marks the first step in their collaborative efforts...
View ArticleBudget 2024: Shipping industry eyes revamped PLI scheme, green initiatives
The shipping industry is expecting that the upcoming Budget will greenlight the revised production-linked incentive (PLI) scheme for manufacturing shipping-grade containers. Specific reforms expected...
View ArticleIndia unveils new maritime centre
The Ministry of Ports, Shipping, and Waterways (MoPSW) has announced that it is creating the India Maritime Centre (IMC), a key effort under the Maritime India Vision 2030. In this line, recently a...
View ArticleDouble toll to be charged now from vehicles with non-affixed FASTag on front...
To discourage national highway users from deliberately not fixing FASTag on the windscreen of the vehicle, National Highways Authority of India (NHAI) has issued guidelines to collect double fee from...
View ArticleDGFT pushing proposal to further extend interest equalisation scheme for...
The popular interest equalisation scheme for exporters, that lapsed last month-end for all beneficiaries except for the MSME sector, may get extended for all. The Directorate General of Foreign Trade,...
View ArticleFire breaks out on Maersk container ship, reportedly carrying IMDG cargo
A major fire broke out on a container cargo merchant vessel – MV Maersk Frankfurt – off Betul in Goa on Friday afternoon. According to a shipping ministry officer, one person died in the fire which is...
View ArticleBudget 2024: R&D boost, Indian shipping line will give an impetus to exports,...
Research and development and innovation are key to sustain exports in the long run and so the government should announce measures in this regard in the budget, says Ashwani Kumar, President, Federation...
View ArticleClik here to view.
India’s agriculture exports drop 3% to $5.88 bn in Q1 on Red Sea crisis
India’s agriculture exports contracted 3 per cent to $5.88 billion during the first quarter of the financial year due to major ‘global headwinds and tight domestic supply conditions’. Agricultural and...
View ArticleGST played remarkable role in reducing logistics cost: Economic Survey
The Goods and Services Tax (GST) has played a remarkable role in bringing down the country’s logistics cost, Economic Survey on Monday said. The ‘One Nation, One Tax’ regime has ensured that trucks do...
View ArticleIndian aviation industry on the cusp of unprecedented growth
The Indian aviation industry is on the cusp of unprecedented growth, with a total order book of more than 1,500 aircraft across airlines and a projected demand for over 2,200 aircraft by 2042, the...
View ArticleIndian Railways’ focus areas freight, high-speed rail
Indian Railways has prioritised investments in areas like dedicated freight corridors, high-speed rail, modern passenger services like Vande Bharat, Amrit Bharat Express, Aastha Special Trains,...
View ArticleJNPA to float EoI for dredging and reclamation works for Vadhavan port on PPP...
Tackling a last-minute change incorporated by the Cabinet in June while approving the Vadhavan port project swiftly, state-run Jawaharlal Nehru Port Authority (JNPA) will float an expression of...
View ArticleJ N Port calls bids to build agri processing and storage facility to boost...
State-run Jawaharlal Nehru Port Authority, India’s second busiest container gateway, has called bids from private investors to build an export-import cum domestic agricultural commodity-based...
View ArticleClik here to view.
CMA CGM increases rates from Indian Sub to North Europe and Med
CMA CGM has announced new Freight All Kinds (FAK) rates effective from 1 August 2024 (gate-in date), until further notice. The updated prices will apply to dry cargo from the Indian Subcontinent...
View ArticleIndia-Europe FAK rates heading to new highs as shippers scramble for space
Indian exporters sending goods to Europe are set to face significantly higher freight rates next month, as container lines already have their vessels overbooked for the upcoming weeks. Carriers have...
View ArticleFM Sitharaman said to announce a Maritime Development Fund in the Budget to...
A Rs30,000 crore dedicated Maritime Development Fund (MDF) bankrolled by the government and some of the state-run, cash-rich major port authorities will likely be announced in the Budget to be...
View Article