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Freight tariffs on Indian trade continue to cool amid declining export volumes

In the West India-Europe trade, average contract prices from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway in the UK…
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Warehousing and logistics sector to get the wanted boost from the budget 2023-24

The union budget 2023-2024 of the central govt. is set to provide a significant boost to the warehousing and logistics sector as the proposal is…
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Freight levels dip due to an increase in inactive box ships

According to Aplhaliner, around 6% of the global box ship fleet is currently idle, up from under 5% just a week ago and it is…
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COSCO launches the China electric ship innovation alliance

COSCO, China's largest shipping entity, has formed the China Electric Ship Innovation Alliance and around 80 companies and top national authorities have joined it. This…
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The world’s first ammonia-powered newcastlemaxes to be initiated by Bocimar

The Belgian shipping and cleantech group, CMB.TECH and Swiss marine power company WinGD have come together to develop ammonia-fueled two-stroke engines. The objective is to…
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Why is inventory management a challenge for SMEs?

Why is inventory management a challenge for SMEs?

SMEs (Small and Medium Enterprises) are the substantial pillar for economic growth and keep expanding their production to thrive in today’s competitive environment. However, with…
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