Warehousing sectors major investment movers in Q3 2021: Colliers
MUMBAI : The residential and warehousing sectors are likely to see increased investments from investors over the next few quarters. In Q3 2021, foreign and domestic investors invested in residential projects in cities such
PIL launches new direct China to Gulf Service – Gulf China Service (GCS)
SINGAPORE : Pacific International Lines (PIL) is pleased to announce the launch of a new weekly direct service connecting Central and South China to the Gulf area in the Middle East. This new service
Logistics sector believes a post-Covid recovery : Prem Kishan Gupta
MUMBAI : The Gati Shakti National Masterplan, which was recently approved by the cabinet, will help logistics facilitators like Gateway Distriparks Limited, which is into Container Freight Stations (CFS), Inland Container Depots (ICD), Cold
APM Terminals and ZPMC enter into strategic alliance
THE HAGUE : With automation being one of the key components of APM Terminals’ strategy of “Safer, Better, Bigger”, it is critical for the company to have access to adequate, state-of-the-art automated equipment for
2M Alliance reschedules European services due to congestion issues
The largest container alliance in the world, 2M Alliance has decided to change the rotation of several services in Europe, due to port congestions and supply chain issues. In particular, the alliance, which comprises
Maersk to directly engage with shippers
COPENHAGEN : In an effort to attract larger shippers, Maersk is expected to announce that it will only handle cargo from direct shippers from 1 November, cutting out freight forwarders. The Danish carrier has
NYK Delivers New LNG Carrier LNG Endeavour to TotalEnergies
The liquefied natural gas (LNG) carrier LNG Endeavour, commercially managed by France LNG Shipping (a French ship-owning company jointly owned by NYK and Geogas LNG*) and under a long-term charter contract with TotalEnergies Gas
Record 79 containerships queued at Los Angeles & Long Beach ports
The number of containerships waiting in San Pedro Bay to berth at the ports of Los Angeles and Long Beach has surged to a new all-time high of 79. CALIFORNIA : According to the