LNG shipping rates more than double in 2 weeks as power crisis drives demand
SINGAPORE : Tanker rates to ship liquefied natural gas (LNG) have more than doubled since the start of the month as a power crisis in Asia and Europe drives up demand for vessels, industry
How Maersk is reinventing itself through startup investments
COPENHAGEN : Shipping has never been in the spotlight like this, says Shereen Zarkani, Head of Maersk Growth. “In the past, you know, it never got all this attention and all this money.” All
Shri Sarbananda Sonowal lays Foundation Stone for various capacity augmentation projects at Deendaya…
GANDHIDHAM : Union Minister for Ports, Shipping & Waterways and AYUSH Shri Sarbananda Sonowal laid the Foundation Stone for various capacity augmentation projects at Deendayal Port on Tuesday, the 2nd day of his visit
Government testing blockchain technology to streamline logistics industry
NEW DELHI : In a move towards promoting secure paperless trade, CBIC_India of Finance Ministry explores new frontiers for promoting DigitalIndia by adopting Blockchain Technology for tracking movement of containers to a bonded warehouse.
A.P. Moller – Maersk enters strategic partnership with Danish Crown on global end-to-end logis…
COPENHAGEN : A.P. Moller – Maersk announced the signing of a global end-to-end logistics agreement with Danish Crown from 2021. The three-year end-to-end agreement covers all Danish Crown’s business units, delivering solutions on ocean services,
DP World to develop logistics infrastructure in Jammu Kashmir
NEW DELHI : DP World announced their plans to develop logistics infrastructure in the state of Jammu & Kashmir an MoU was signed between the government of Dubai and the state government of Jammu
Independent container train operation in India by Pipavav Rail Corp
PIPAVAV : Pipavav Rail Corporation Ltd (PRCL) has commenced its independent container train operation in India with the launch of a direct container train service to Jodhpur Inland Container Depot (ICD) on the electrified
Gati strengthens fleet to meet festive demand
HYDERABAD : Gati Ltd, city-headquartered logistics company, has ramped up its network capacity by 25 per cent by adding 100 line haul trucks to its innovative flexi network to connect the demand locations. It