Made in China’ products are running into new logistics problems
BEIJING : Chinese companies wanting to go global are running into shipping problems. Access to cheap manufacturing at home gave Chinese businesses an advantage overseas. But it’s turning into a disadvantage now, as the
NYK Selected for FTSE4Good Index and FTSE Blossom Japan Index
TOKYO : For the 19th straight year, NYK has been selected as a component of the FTSE4Good Index Series,* benchmark indexes designed to measure the performance of companies demonstrating strong ESG (Environmental, Social, and
GSBN inks collaboration deal with China’s major shipping port groups
TAIWAN : The Global Shipping Business Network (GSBN), a trade data utility platform powered by blockchain, signed a Memorandum of Understanding (MOU) with eight major shipping port groups in China to accelerate the digital
Shipping braces as China goes into lockdown mode
Shipping will need to start to make contingency plans if cases of Covid-19 continue to escalate in China, the world’s most important nation for shipping movements. The delta variant has broken through the country’s
JNPT records a growth of 21.15% in July in cargo handling
MUMBAI : Jawaharlal Nehru Port Trust (JNPT), one of the premier container handling ports, recorded 433,533 TEUs in July 2021 compared to 344,316 TEUs in July 2020, a growth of 21.15% as compared to the
Adani Ports achieves highest ever quarterly volume growth of 83% , continues to get stronger
Highest YoY quarterly growth of 83% against all India cargo growth of 33%. Achieved 76 MMT cargo volume. Market share in All India cargo increased by 310 bps to reach 28.6% Market share in
Maersk reports record Q2 results, expects even better Q3
COPENHAGEN : A.P Moller Maersk has reported unaudited revenue of US$14.2 billion, earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$5.1 billion and earning before interest and taxes (EBIT) of US$4.1 billion for
PM Modi launches digital payment solution e-RUPI
eRUPI voucher will help everyone in targeted, transparent and leakage free delivery, said Narendra Modi NEW DELHI : Prime Minister Shri Narendra Modi launched digital payment solution e-RUPI, a person and purpose specific cashless