SCI starts new service to West Asia
MUMBAI : Shipping Corporation of India Ltd (SCI) has started a new container shipping service linking India with West Asian ports such as Jebel Ali and Hamad. The service will connect Kandla – Mundra
ONE expands electronic Bill of Lading offering
SINGAPORE : Ocean Network Express (ONE) announced its plans to expand its electronic Bills of Lading (eBL) offering with technology provider WAVE BL, with the objective to enhance and accelerate digital trade adoption across
Maersk cuts container costs to US$1 for Covid-19 supplies in India
COPENHAGEN : Maersk is donating the services of its Special Project Logistics (SPL) unit and charging a symbolic nominal freight cost of US$1 per 40’ container for urgently needed medical supplies to be distributed
Mitsui OSK Lines to buy ammonia-fuelled engines
TOKYO : Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with compatriot engineering company Mitsui E&S Machinery and German engine manufacturer MAN Energy Solutions to target a purchase contract for the
APM Terminals strengthens its focus on emission reductions with the appointment of Ms. Sahar Rashidb…
THE HAGUE : APM Terminals is making a leap in its efforts towards carbon neutral operations with the creation of a dedicated function fully focused on decarbonisation. Ms. Sahar Rashidbeigi, experienced senior management advisor
Amazon brings in the Boxes on a Bulker
SEATTLE : The trend for shippers to switch goods from container vessels to bulk carriers looks to be picking up pace. Among those taking that route is Amazon. The Port of Houston recently tweeted images
Alibaba bought into parent of new ocean carrier Transfar Shipping
Chinese e-commerce group Alibaba has a stake in new liner operator Transfar Shipping, which launched operations with China-US west coast sailings in August. Singapore-registered Transfar started out as a freight forwarder, owned by Worldwide
Massive surge in insurance costs: The next big worry for box lines
There is increasing fear among liners who expect a massive dent in their gains in the form of hiked insurance costs, despite record profits being earned through sky-high freight rates. Two UK-based P&I Clubs have sent out