OOCL’s Q3 revenues exceed US$4.3 billion
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
Maersk to Test Air Lubrication Technology on Boxship
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
MSC and Chinese Research Institute ink decarbonisation agreement
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
MOL’s unique business ‘Wave Power Project’ to Contribute to Society and the Enviro
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,
GEODIS collaborates with Bastian Solutions on major AutoStore deployment
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
Hapag Lloyd extends contract of COO Dr Maximilian Rothkopf
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
Nippon Express Korea becomes first Japanese logistics company to obtain GDP certification in Korea
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
Cotton output may gain as farmers likely to extend picking
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
SPM Port to play pivotal role in ‘Cost Effective’ import and export, says Sonowal
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
New shipping container terminal to be developed at Khidderpore
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
