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Monday, August 18, 2025
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Hazira Port

Explosion sinks ship, shipowner receives $1 billion sky-high fine

Recently, Singapore-based feeder container ship owner X-Press Feeders was ordered by the Supreme Court of Sri Lanka to pay $1 billion in compensation for...

Scrap import allowed from six countries via designated ports

The Director-General of Foreign Trade (DGFT) has allowed import of metallic waste and scrap from six safe countries without Pre-shipment Inspection Certificate (PSIC) is...

Sri Lanka Orders $1B in Compensation for Damage from Loss of X-Press Pearl

The Supreme Court of Sri Lanka issued a sweeping condemnation of the events surrounding the fire aboard the containership X-Press Pearl in May 2021...

DFCCIL opens its first private cargo hub

The first private Gati Shakti Cargo Terminal (GCT) in India was opened by the Dedicated Freight Corridor Corporation of India (DFCCIL) on its Western...
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