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 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
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
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.
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
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
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
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.
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)
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