CIMC’s first half container sales up 220%
SHANGHAI : China International Marine Containers (CIMC), the world’s largest container manufacturer, achieved a net profit of US$654.49 million in the first six months of 2021, as the shortage of containers powered sales. Sales
World Conservation Congress in Marseille: the CMA CGM Group committed to the climate and biodiversity
As a partner of the Congress, CMA CGM will compensate 100% of carbon emissions from the congress held in Marseille from September 3 to 11, 2021 and will invest in offset projects in France
Shipbuilding group to develop large scale liquid CO2 carriers
The agreement was signed at POSCO Centre in Seoul by Hyundai Mipo Dockyard, Lloyd Register, Korean Shipbuilding & Offshore Engineeing, the Liberian Registry and POSCO. Through this MoU, POSCO will develop new steel materials and relevant
Israel opens new Chinese-operated container terminal
HAIFA : A new terminal at the Port of Haifa, which will be operated by the Chinese Shanghai International Port Group (SIPG), has officially been opened. The new US$1.7 billion Bay Port at Haifa will
Bolloré Logistics Argentina celebrates 20th anniversary
SINGAPORE : The transport company Bolloré Logistics Argentina which was established in 2001, has now celebrated its 20th anniversary. The Argentine subsidiary firstly opened as a customs brokerage agent in Buenos Aires, a city
Union Minister Sarbananda Sonowal reviews projects at Mumbai Port Trust
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal on Friday reviewed projects at the Mumbai Port Trust during his visit to the facility, an official release said. The minister
Rs 600 cr annual revenue from Jawahar Dweep oil berths, says Sonowal
MUMBAI : The Mumbai Port Trust will earn revenue to the tune of nearly Rs 600 crore per annum from the Jawahar Dweep oil berths, Ports and Shipping Minister Shri Sarbananda Sonowal said on
Afghanistan, Chabahar Port and Trade discussed between Indian and Iranian FMs
NEW DELHI : Even as the Taliban gets ready to form a new government on Friday, the situation in Afghanistan and the Chabahar Port Project were the major talking points between India and Iran