December 31, 2025
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OOCL’s Q3 revenues exceed US$4.3 billion

October 9, 2021 Shipping Line, Trending News
HONG KONG : COSCO-owned Orient Overseas Container Line (OOCL) has registered strong gains in the financial sector for the third quarter of the year. In particular, the overall average revenue per TEU marked a

Maersk to Test Air Lubrication Technology on Boxship

October 9, 2021 International Shipping, Trending News
Maersk has become the latest large shipping company to plan a trial using air lubrication as a tool to help improve vessel efficiency and reduce emissions. An established technology that has been deployed in

MSC and Chinese Research Institute ink decarbonisation agreement

October 9, 2021 International Shipping, Trending News
GENEVA : MSC, the second-largest shipping line in the world and the China Waterborne Transport Research Institute, an agency under China’s Ministry of Transport, have signed a Memorandum of Understanding (MoU) agreement to develop

MOL’s unique business ‘Wave Power Project’ to Contribute to Society and the Enviro…

October 9, 2021 Shipping Line, Trending News
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL) President & CEO, Mr. Takeshi Hashimoto announced that its proposed Wave Power Project in Mauritius was selected for Ministry of Economy, Trade and Industry (METI) subsidy programs.

GEODIS collaborates with Bastian Solutions on major AutoStore deployment

October 9, 2021 Logistics, Trending News
Global transport and logistics provider GEODIS announced a partnership with Bastian Solutions to implement an AutoStore system into a new fulfillment site for a leading clothing retailer. The $48 million material handling equipment deal will deliver the highest

Hapag Lloyd extends contract of COO Dr Maximilian Rothkopf

October 9, 2021 International Shipping, Trending News
HAMBURG : The Supervisory Board of Hapag-Lloyd AG has extended the contract of Dr Maximilian Rothkopf, its Chief Operating Officer, by five years, until 30 April 2027. Rothkopf was appointed to the Executive Board

Nippon Express Korea becomes first Japanese logistics company to obtain GDP certification in Korea

October 9, 2021 Logistics, Trending News
TOKYO : Nippon Express Korea Co., Ltd. (Yasuhiro Sugi, Representative Director; hereinafter, “NE Korea”), a local subsidiary of Nippon Express Co., Ltd. (Mitsuru Saito, President), on Monday, August 23 become the first Japanese logistics

Cotton output may gain as farmers likely to extend picking

October 9, 2021 Trade, Trending News
NEW DELHI : Unseasonal rains in growing areas are proving to be a blessing in disguise as they might help cotton farmers go in for third and fourth picking of their crop this year.

SPM Port to play pivotal role in ‘Cost Effective’ import and export, says Sonowal

October 8, 2021 Ports, Trending News
KOLKATA : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, claimed that the north-east is going to emerge as the growth engine of the country and Syama Prasad Mookerjee Port (SPMP)

New shipping container terminal to be developed at Khidderpore

October 8, 2021 Ports, Trending News
KOLKATA : A new shipping container terminal is coming up at Khidderpore to handle barges and small ships with an eye to connect with north east India via the Indo-Bangladesh Protocol river route. Six
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