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Sea freight expenses from China are rising due to a shortage of shipping containers resulting from the Iran-Israel conflicts
The US on Thursday announced that a landmark agreement on supply chain resilience under the Indo-Pacific economic framework involving 14 partner nations, including India, Japan and Australia, will come into force on February 24. US Commerce Secretary Gina Raimondo said the pact will facilitate a collaborative approach to strengthen supply chains and prevent potential disruptions. The US Department of Commerce said the Indo-Pacific Economic Framework for Prosperity (IPEF) agreement relating to supply chain resilience will enter into force on February 24. The agreement is aimed at coordination among the IPEF partners on building resilient, efficient, productive, sustainable, transparent, diversified, secure, fair, and inclusive supply chains. "This is a critical step in bringing the landmark, first-of-its kind agreement into action and promoting coordination among the IPEF partners on building resilient, efficient, productive, sustainable, transparent, diversified, secure, fair, and
As the ocean is "in dire straits," the landmark UN Convention on the Law of the Sea adopted 40 years ago is more relevant than ever, UN Secretary-General Antonio Guterres said
Hydearbad-based Seaways' group flagship Seaways Shipping and Logistics said it has entered into a pact with MOL Logistics (India) for providing end-to-end supply chain and turnkey logistics services
The company has reserved up to four lakh shares for employees in the public issue