ZIM Establishes Ship4wd™, a New Digital Freight Forwarding Company
HAIFA : ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced the creation of a new subsidiary, Ship4wd, a digital freight forwarding platform offering an online, simple and reliable self-service end to end shipping solution.
Transworld Logistics Ltd completes several shipment from India
MUMBAI : Transworld Logistics has successfully completed several impressive shipments (total of 24 units) from Mumbai, India to Tincan, Nigeria. They faced many issues along the way, the main one being spacing with competitive
Vangard Logistics handle chartered cargo for Indian Navy
CHENNAI : Vangard Logistics recently handled an air charter of defense cargo for the Indian Navy. They were chosen for the entire shipment operations from the USA to various Indian Naval Bases because of their
Coffee export target set at $1.07 b for FY 22
BENGALURU : The Centre has set an export target of $1.07 billion for the coffee sector in the current financial year 2021-22. This represents an increase of around 37 per cent over last year’s
India, Nepal sign agreements to boost cross-border train services
NEW DELHI : India and Nepal have signed two agreements aimed at boosting cross-border train services and reviewed ongoing railway projects as part of efforts by the two countries to improve regional connectivity and
MSC Spain speaks at Mediterranean Ports and shipping conference
GENEVA : Ignacio Ballester, Branch Manager of MSC’s head office in Spain, spoke at the eighth annual Mediterranean Ports and Shipping Conference, which took place in Valencia from 5 to 7 October 2021. The
Dry bulk shipping rates hit $80,000 per day as buyers scramble for coal
Yet another sign of stress for energy supplies and global supply chains: Spot rates for large dry cargo ships just topped $80,000 per day for the first time since 2009, and freight derivatives for
Baltic index extends rally as capesize benchmark breaches 10,000 points
The Baltic Exchange’s main dry bulk sea freight index extended its rally as robust demand and port congestion propelled the capesize index above 10,000 points for the first time in more than 13 years.