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India rejects Vedanta's bauxite mine request in Odisha’s sacred Niyamgiri hills
In what is being seen a major victory for Odisha’s indigenous Dongria Kondh tribe, India’s environment ministry has rejected a proposal by London-listed Vedanta Resources Limited to mine bauxite in the Niyamgiri hills of the state. The decision came after the Vedanta proposal was unanimously rejected by all 12 village councils in the Niyamgiri hills that local residents not only depend on for their livelihood, but also consider sacred as they believe the hills are home to their residing...

New record: World steel output up 3.5%
The year 2013 was marked by a sharp increase in the world steel production. According to information released by the World Steel Association, a record 1.607 billion mt of crude steel was produced worldwide in 2013 amounting to a 3.5% increase from 2012 or a year-on-year increase of 54 million mt. The major growth drivers were Asia and the Middle East led by China, which increased its steel output by 7.3% to 779 million mt. Japan with a 3.1% increase in its crude steel production, India with...

Pakistan receives GSP Plus status from EU
The European Union has granted the Generalized Scheme of Preferences (GSP) Plus status to Pakistan’s textile and clothing industry providing a major boost to the South Asian nation’s exports. The status was granted with an overwhelming majority as 406 members of the European Parliament voted for it and 186 members voted against it. The status, which has been granted until 2017, will allow Pakistan exports duty-free access to 27 EU countries. Pakistan, which has a 1.5% share in the global...

Indonesia bans mineral ore exports but allows copper exports to continue
A decision taken five years ago to ban the export of unprocessed minerals came into effect in Indonesia on January 12 this year. Mandated by a Mining Law passed by the Indonesian Parliament in 2009, the ban is aimed at boosting regional economic development and allowing local mining companies to operate. Indonesia’s Coordinating Economic Minister Hatta Rajasa said that the decision to impose a ban on unprocessed mineral ore exports was taken after considering the threat of massive losses and...

China’s Growing Importance as a Dry Bulk Shipping Destination
Dry bulk shipping refers to the shipping of unpackaged non-liquid bulk cargo such as cement, steel, iron ore, grain, etc. Dry bulk shipping essentially comprises two types of cargos – major dry bulks such as iron ore, coal, and grain (which together represent 70% of the global dry bulk trade volume) and minor dry bulks such as sugar, steel, and cement. With approximately 70% of the world’s iron ore and 25% of coal delivered to China, the country has emerged as a major destination for these...

Shipping - A Risk to the Environment
Shipping is the most economic and widest used methods catering to over 90 per cent of global trade , but the adverse effects posed to the environment and humans is unimaginable. To start with, ships carry huge amounts of ballast water in tanks for increased stability and maneuverability during transit while unladen, and empty their tanks at time of loading the cargo. This transfusion of water between different water bodies causes an unbalance on the aquatic ecosystem. Ballast-water-discharges...

International Truck of the Year, 2014
The International Truck of the Year (IToY) Jury is an international organization representing 25 countries throughout Europe. The selected truck journalists who are members of the jury each represent leading the trucking magazines in their home country in Europe, from Spain, Italy and Greece in the south to the Scandinavian countries in the north, and from Belgium, Britain, France and Ireland in the west to Russia, Rumania and Slovakia in the east. Volvo Trucks’ New FH has been elected...

Deutsche Bahn Chairman celebrates in style
Dr. Rudiger Grube, Chairman Deutsche Bahn (DB Schenker) celebrated his 62nd birthday on 2nd August 2013 marking the arrival of the first ever cargo train from Zhengzhou in China at the freight yard in Hamburg - his hometown. The voyage on the Eurasian rail route covered 10,214 kilometers passing through China, Kazakhstan, Russia, Belarus and Poland to Germany in a record time of just 15 days where DB Schenker was the logistics partner to Zhengzhou for all services outside China. Customs...

Threat to the Gateway of Europe – Suez Canal
The Suez Canal, an artificial waterway in Egypt, which is over 120 miles long, provides transit to more than 17000 ships annually, connecting the Mediterranean Sea and the Red Sea, making it the shortest maritime route between Europe and Asia by separating the African continent and can be termed as the shipping gateway to Europe for vessels bound from Asia. Suez Canal is the most significant waterway catering to over 8% of the world maritime traffic and also holds the record for handling 68...

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