Maersk intends to form joint venture with Grindrod in South Africa
CAPE TOWN : In order to enhance its capabilities as a global integrator of logistics in South Africa, A. P. Moller – Maersk now takes the next step to partner with Grindrod Limited to provide
Shreyas Shipping and Logistics limited acquires its ‘First’ bulk carrier vessel
MUMBAI : Shreyas Shipping and Logistics Limited, (hereinafter referred as ‘Shreyas’), a part of Transworld Group of Companies, has announced the acquisition of one bulk carrier vessel. With this acquisition, Shreyas embarks into a
Very soon Railways will introduce cube containers to Transport 2&3 wheelers safely
NEW DELHI : Targeting two-wheelers and three-wheelers mainly, besides packaged food, dry chemicals and other fast moving consumer durables, Indian Railways is introducing Cube containers for easy and safe transportation on the rails. Currently,
Opening up of Economies coupled with buoyant order booking position further adds to positive sentiment for exports: FIEO President
NEW DELHI : Reacting to the monthly trade data for October, 2021, FIEO President, Dr A Sakthivel said that the monthly exports performance of USD 35.65 billion with an impressive double-digit growth of more
TVS Industrial & Logistic Parks to Produce Solar Power for Decarbonisation
Highlights : The plan is currently under evaluation and a final decision is expected to be taken by next month. Given the ample availability of open space and rooftop areas at the sites, the
Wan Hai embarks on $200m on secondhand boxship spend as profits surge
TAIWAN : Wan Hai is wasting no time in spending $200m of funding earmarked for investments in the secondhand containership market . The Taiwanese liner operator has purchased the 2016-built 1,708 teu containership Box Express
Bahri takes delivery of its first gas-ready ABS-Classed VLCC
RIYADH : Logistics and transportation company Bahri has added its first gas-ready vessel to its Very Large Crude Carrier (VLCC) fleet. The vessel, named “Rayah”, has expanded the Bahri’s VLCC fleet to 42. International
MSC container vessel troubled in South African waters
Maltese flagged MSC Trieste had been adrift since the morning of 10 November. The incident came to light in waters west of Port Elizabeth, South Africa, when the ship was en route from Singapore