OOCL reports skyrocketing first half figures
Orient Overseas International Limited (OOIL), which owns the container carrier Orient Overseas Container Line (OOCL), has published its financial and operational results for the first half (H1) of 2021, representing the best six-monthly results
Abu Dhabi Ports’ OFCO buys seven support vessels
ABU DHABI : The fleet expansion comes as Abu Dhabi Ports ventures further into the integrated logistics and subsea services areas. OFCO chairman Captain Maktoum Al Houqani said the company was on the look
Port of Long Beach Completes New 3.3 Million TEU Capacity Container Terminal
LONGBEACH : More than 10 years after construction began, the Port of Long Beach has announced the completion of the Long Beach Container Terminal at Middle Harbor, one of the most technologically advanced and
Biden Admin Sanctions Russian Ship and Owner Linked to Nord Stream 2
WASHINGTON : The Biden administration slapped sanctions on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, but opponents of the nearly completed project said the measures would not
Dilli Series’ Sea Power Webinar – 2021 to be conducted at Indian Naval Academy, Ezhimala
NEW DELHI : Indian Naval Academy (INA), Ezhimala will conduct the eighth edition of the prestigious annual ‘Dilli Series’ Sea Power Seminar on 11th and 12th of October 2021. This year, the event will
Levelling the playing field in maritime shipping
European shippers at home and abroad face increasingly unfair competition from China’s state-owned shipper, COSCO. But there are several measures the EU could use to counter this, argues Jacob Gunter. When COSCO, China’s gigantic
GatewayRail becomes India’s first rail operator to join TradeLens
MUMBAI : GatewayRail, India’s leading intermodal logistics service provider and rail-linked Inland Container Depots (ICD) operator, has become the first rail operator in India to join TradeLens, a blockchain-underpinned digital logistics platform, jointly developed by
India’s trade with Afghanistan stalls but likely to resume soon -industry
MUMBAI : India’s trade with Afghanistan has dried up as borders and banks have closed since the Taliban took over the country, but industry officials said that the disruption was temporary and that it