Key member deboards Foresight-led consortium eyeing Shipping Corporation
MUMBAI : A Foresight-led consortium that is among government-approved bidders shortlisted to bid for Shipping Corporation of India (SCI) has cracked as a key member of the consortium, Belgium-based Exmar NV, has pulled out.
TN govt reconstitutes committee to spur exports
CHENNAI: After unveiling its exports promotion strategy to make the state a $1 trillion economy by quadrupling its exports, the State government reconstituted 10-member State Export Promotion Committee under the chairmanship of Chief Secretary by
CII Institute of Logistics launches compendium of logistics policies of five States
NEW DELHI : CII Institute of Logistics recently launched a compendium of logistics policies of five States to capture a snapshot of how States are looking at incentivising and promoting logistics and warehousing. It
Cosco bites the charter bullet, while CMA CGM buys more ships
Ocean carriers are turning the heads of non-operating containership owners with “offers they can’t refuse” in their fervent buying spree. Oslo-headquartered MPC Container Ships announced last week it had agreed the sale of six
Maersk ready to confront supply chain challenges and propose solutions
CHARLESTON : Speaking on a panel at the South Atlantic International Trade Conference Maersk North America Regional Managing Director, Narin Phol discussed the nation’s current supply chain challenges and ways forward. The U.S. consumer drives the
Port of Singapore crowned as the “Best Global Seaport” for first time and won “Best Seaport in Asia”for the 33rd time
SINGAPORE : The Port of Singapore was announced as the “Best Global Seaport” at the 2021 Asia Freight, Logistics and Supply Chain Awards (AFLAS) held in Hong Kong on 21 October 2021. This is
CU Lines buys maiden in-service ship for new service from Wan Hai
SHANGHAI : China United Lines (CU Lines) has acquired its first in-service ship. The Chinese state-controlled liner operator had been operating liner services with chartered vessels, until it acquired a ship from Wan Hai
Shipping container crisis will possibly continue until mid-2022
SINGAPORE : With 90% of the world’s goods transported by sea, the current shipping crisis has resulted in spiralling costs and bottlenecks in global supply chains. The situation has been exacerbated by a shortage