Govt orders mandatory declaration of stock position of wheat
29.03.2024
In order to manage the overall food security and to prevent hoarding and unscrupulous speculation, the Government of India has decided that Traders/Wholesalers, Retailers, Big Chain Retailers and P.....
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Logistics startup JustDeliveries raises $1 million in funding led by Nabventures; it also plans to widen its network across regions
29.03.2024
JustDeliveries plans to deepen its logistics network across regions including Bengaluru, Mumbai, and Pune. By 2028, it plans to extend its presence to 8-10 cities by 2028. JustDeli.....
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Spice, dry fruit importers facing GST heat; is the last warehouse an additional place of business, the authorities say Yes according to law; hence the tax
29.03.2024
50 importers of spices, dry fruits, processed food and poultry over storage of products at warehouses different from the actual place of supply have been served notices by GST authorities asking for.....
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MSC Air Cargo now a member of the Cool Chain Association
29.03.2024
From significant findings from recent trials conducted by the Perishable Products Export Control Board (PPECB), a CCA Board member, the Association released a video recently for use by the members. .....
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₹3,975 cr freight revenue recorded by Vijayawada railway; highest since the inception of the division
29.03.2024
Vijayawada Railway Division (VRD) of South Central Railway has received Rs 3,975 crore in freight revenue this year as on Tuesday, 26 Mar, the highest-ever since the division’s inceptionThe DRM Na.....
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Two-year PGDM in Logistics and Supply Chain Management to be conducted by CII-IMT jointly
29.03.2024
Confederation of Indian Industry (CII) Institute of Logistics, in collaboration with the Institute of Management Technology (IMT), Hyderabad, on Wednesday 27 Mar announced the launch of a two-y.....
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More and more shippers take action on seaborne GHG emissions; Maersk ECO Deliver Ocean product reduces GHG emissions by more than 80%
29.03.2024
Shippers are increasingly taking action to eliminate greenhouse gas (GHG) emissions from their logistics. The latest numbers of Maersk’s ECO Delivery Ocean product are a strong proof for this tre.....
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Houthis to attack ships in Indian Ocean with drones, supported by Somali pirates said security specialists
29.03.2024
“We perceive the threats to be credible on the basis that until now, the Houthis have generally followed through on the threats they have issued,” said Jakob Larsen, head of maritime safety and.....
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VS & B Containers Group’s New Branch Office at Gandhidham; business expansion
29.03.2024
VS&B Containers group, since its incorporation in 1996, has been a key provider of marine containers across Asia and Europe and it has a fleet of about 30,000 containers and 11 offices. The Grou.....
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Baltic index consecutively slides for seven sessions
29.03.2024
The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 144 points, or 7.2%, to 1,845 points, its lowest since Feb. 22.The capesize index lost 326 poin.....
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Cargo ship that damaged the Baltimore Bridge crashing into it passed 2 inspections last year
29.03.2024
“The vessel’s required classification society and statutory certificates covering the structural integrity of the vessel and functionality of the vessel’s equipment, were valid at the time of .....
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Ambani and Adani first collaboration: Two of the richest Indians Ambani and Adani join forces together for the first time Reliance picks 26 per cent stake in Adani Power project
29.03.2024
Reliance will pick up 5 crore equity shares in Mahan Energen Ltd, a wholly owned subsidiary of Adani Power Ltd, of face value Rs 10 at par (Rs 50 crore) and will use 500 MW of generation capacity fo.....
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Competition Commission of India (CCI) Approves Acquisition of LancoAmarkantak Power Limited by Adani Power Limited
28.03.2024
This acquisition involves the transfer of 100% equity share capital of LancoAmarkantak Power Limited to Adani Power Limited. Adani Power Limited is engaged in thermal power generation ac.....
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Sri Lanka PM Says China To Develop Strategic Infrastructure like deep seaport and the capital’s airport after the talks with Chinese PM
28.03.2024
Sri Lankan Prime Minister Dinesh Gunawardena said China — the island’s biggest bilateral creditor — would “assist” Sri Lanka’s restructuring of external debt, a key condition to maintain.....
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South Korean shipbuilder Hanwha Ocean wins $1.8 billion contract for 8 LNG vessels
28.03.2024
Under the KRW 2.4 trillion (approximately $1.8 billion) contract signed on March 24, 2024, the company will build eight LNG vessels scheduled for delivery until January 31, 2028.Hanwha has not revea.....
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DB Schenker Launches OBC fast Service for spare parts, medical products, other time-sensitive shipments; new air freight DBS’ product
28.03.2024
Customer-centric innovation ensures sustainable success across sectors. The new product of DB Schenker is a good example. Thorsten Meincke, Global Board Member for Air & Ocean Freight, DB Schenk.....
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Adani’s copper unit in Mundra begins operations
28.03.2024
Kutch Copper, a subsidiary of Adani Enterprises Limited, commissioned the first unit of its greenfield copper refinery project at Mundra on Thursday by dispatching the maiden batch of cathodes to cu.....
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CMA CGM Introduces Decarbonization Gauge: the company’s initiative to reduce carbon footprint, urgent call of the industry
28.03.2024
Customer-friendly approach of the company offers him a choice to achieve carbon footprint reduction level. It says when you request your quotation on SpotOn, you will simply choose the level of car.....
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Dock workers of MPT demand wage negotiations
28.03.2024
Workers of various unions staged a protest outside the Mormugao Port Authority (MPA) Administrative building at Sada on Wednesday 27 March afternoon, expressing frustration over the prol.....
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Vizag Port workers stage ‘All India Betrayal Day’ protest demanding wage revision
28.03.2024
Hundreds of Visakhapatnam port workers went on a protest on Wednesday 27 Mar demanding implementation of the wage revision policy for class C and D employees.The protest is part of the All In.....
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Biden all praise for prompt action of Indian crew of ship that hit Baltimore bridge
28.03.2024
“Personnel on board the ship were able to alert the Maryland Department of Transportation that they had lost control of their vessel…As a result, local authorities were able to close the bridge .....
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Logix India 2024: great logistics event organized by FIEO with the government support
28.03.2024
The inauguration ceremony witnessed esteemed dignitaries, stakeholders, and international delegates converging to mark the beginning of a transformative journey in India’s logistics landscape.High.....
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Drone delivery possibly the right answer to last-mile logistics challenges
28.03.2024
Ankit Kumar says drones increase the efficiency across various sectors like agriculture, healthcare etc. Govt policies too help and encourage adoption of drones to revolutionize industries.One of th.....
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Noida International Airport to get 5 industrial parks near to it, to be developed by Yamuna Expressway Authority
28.03.2024
“The five industrial parks that are to come up near Noida International Airport include an electric vehicle park, plastic processing park, footwear park, handicrafts park and a transport hub. Near.....
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Kerala Maritime Board keen to launch ‘Gateway to Blissful Voyages’
28.03.2024
Senior officials of the Kerala Maritime Board (KMB) on Wednesday 27 Mar met representatives of more than 20 shipping companies to discuss a proposal to introduce shipping services to West Asia and G.....
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