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Drewry’s world container index dips below $2,000 per FEU

Drewry, an independent maritime research consultancy has recently stated that the world container index dipped below the $2000 per feu mark for the first time…
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A new railway logistics park at Balli successfully operates Exim container traffic

The customs commissioner of Goa has announced the Multimodal Logistics Park at Balli over Konkan Railway for managing EXIM container traffic will be called the…
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GST Council to debate tax parity for foreign and Indian shipping lines

A new amendment is being discussed by the GST (Goods and Services Tax) Council on February 18 with respect to the IGST (Integrated Goods and…
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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 window system that will centralize…
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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 ministry has ballparked Rs. 27,482…
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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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