MUMBAI : MatchLog Solutions and BLR Logistiks will collaborate on container movement across India by leveraging technology to enhance efficiency, minimise delays and streamline operations. “The partnership will enable better container utilisation, minimising idle time and reducing overall operational costs. These solutions also create better visibility across the supply chain, ensuring a more synchronised and ..read more

NEW DELHI : The Comptroller and Auditor General (CAG) of India and the Indian Institute of Management, Mumbai, on Tuesday signed an agreement to enhance the efficiency and transparency of public sector logistics, supply chain and inventory management. The Memorandum of Understanding (MoU) was signed in the presence of CAG K Sanjay Murthy and Director ..read more

SEATTLE, WA : Trade Tech, Inc., a global logistics platform, is advancing its Customs capabilities as part of its commitment to supporting freight forwarders and logistics providers with more efficient digital solutions. As part of this effort, U.S. Customs veteran Mike Cooney has joined Trade Tech, as Senior Systems Analyst – Customs Entry, bringing decades of ..read more

ABU DHABI : AD Ports Group, an enabler of integrated trade, transport and logistics solutions announced a strategic partnership agreement signed between its digital arm, Maqta Technologies Group, and the Indra Group. This collaboration aims to explore opportunities for jointly offering digitalisation services and solutions for ports, logistics, and trade across Europe, the Middle East ..read more

SINGAPORE : The Union Minister of Ports, Shipping & Waterways (MoPSW), Shri Sarbananda Sonowal attended the signing ceremony of Letter of Intent (LOI) between India and Singapore on maritime digitalisation (Digital Corridor Collaboration) and Decarbonisation (Green Shipping) here on Tuesday. Shri Sonowal was joined by Dr Amy Khor, Senior Minister of State, Ministry of Sustainability and the Enviornment and Ministry of ..read more

BENGALURU : Stevin Shipping Pvt Ltd., a Mumbai and Delhi based logistics powerhouse with 15 years of industry expertise, has officially launched its operations in Bangalore, marking a significant milestone in its growth journey. The new office aims to tap into Bangalore’s expansive business landscape, catering to adiverse range of industries including IT, manufacturing, construction ..read more

COPENHAGEN : BIMCO, the world’s largest international shipping association and Achilles, a global leader in supply chain risk management solutions, have announced a strategic partnership aimed at supporting standardisation, supply chain resilience and operational efficiency in the maritime sector. The agreement reflects BIMCO’s ongoing commitment to improve consistency and transparency across the shipping industry. With ..read more

LONDON : A kilo of cocaine is worth between USD 1,500 and USD 2,200 in producing countries such as Colombia. By the time it reaches consumer markets in Europe and North America, it can be worth between USD 30,000 and USD 80,000.  Such is the profit incentive for drug traffickers. Sea-going containers are an attractive ..read more

HAMBURG : China’s container logistics businesses face mounting pressure as declining container prices and leasing rates caused by weak cargo demand strain the industry. The market is experiencing growing inventory glut, making it harder for businesses to move containers. The insights come as part of the monthly China market update (March edition) collected from its ..read more

SINGAPORE : The Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal joined Global Maritime Leaders at the Singapore Maritime Week (SMW) to discuss, deliberate and devise strategies based on the shared vision for a secure, sustainable and prosperous maritime future. The Minister highlighted the challenges and India’s vision to channel growth of the ..read more