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20Cube Updates… Freshly Served

The shipping ministry inaugurates a new portal to reduce logistics cost

The Ministry of Ports, Shipping, and Waterways recently launched the National Logistics Portal – Marie (NLP-Marine). It is a single…
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Budget 2023: Govt hikes spending on dedicated freight corridors and logistics infrastructure

The budget 2023-24 has been rewarding for freight corridors & logistics services as Govt. has increased the spending. The finance…
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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…
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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…
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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…
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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…
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