To make doing business easy, the central government has launched India's first national 'Time Release Study'. The study, to be conducted between August 1 and August 7, will enable faster movement of cargo across borders and benefit traders. Read more..
Ireland’s Cruise Belfast, the partnership between Belfast Harbour and Visit Belfast, has opened a new cruise terminal in Belfast. The facility now includes the space required to service the shore side activities and a berth that has been dredged to accommodate newer and larger cruise ships. Read more..
We are pleased to advise that we are now an approved insurance provider for the purpose of the Indian Merchant Shipping (Regulation of Entry of Ships into Ports, Anchorages and Offshore facilities) Rules, 2012. The evidence of the approval can be found on the website of the Directorate General of Shipping (DG Shipping). Read more..
Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, announced today that CSP Zeebrugge Terminal, part of COSCO Shipping Ports, has successfully gone live with Navis N4. The terminal, which is a major hub in the European market, has selected N4 to help optimize operations and data visibility with stakeholders and enable its employees to focus on core tasks and with a more modern TOS. Read more..
After the CBIC received representations from exporters and organisations saying that their cargo is getting delayed and they have to incur additional costs for carrying out re-packing, the Finance Ministry has decided to gradually relax the requirement of 100 per cent physical examination of export consignments of “risky exporters” in case no discrepancies were detected on previous inspections. Read more..
The International Monetary Fund (IMF) has cut its projection for India’s economic growth by 0.3 percentage point to 7 per cent for 2019-20 due to subdued domestic demand. For the next financial year, the projection was also cut by 0.3 percentage point to 7.2 per cent. Read more..
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