India’s bid to bring Chinese expansion to an end
COLOMBO : When Sri Lanka found it difficult to repay Chinese debt, they gave away their lands to China. After the Hambantota port, China wanted to take control of the Colombo port. This was
Seafarers at the core of shipping’s future
MUMBAI : The outbreak of the Covid-19 pandemic brought many industries to a standstill, disrupted the flow of operations, and brought mass uncertainty. This World Maritime Day, it is important to acknowledge that the
Centre approves infusion of Rs 1,650 Cr into National Export Insurance Account
NEW DELHI : The Union Cabinet released a statement approving the continuation of the National Export Insurance Account (NEIA) scheme and infusion of Rs 1,650 crore grant-in-aid over five years, from FY2021-2022 to FY2025-2026.
Maersk to join Dubai Expo 2020
DUBAI : Maersk Kanoo, United Arab Emirates (UAE) will be present at the Danish Pavilion for Expo 2020 Dubai that opens its gates today, 1 October. In particular, through the six-month Expo 2020 Dubai
Hapag-Lloyd CEO Says Shipping Still in the Thick of Supply Chain Disruption
FRANKFURT : Global container shipping problems related to post-COVID 19 logistics problems have intensified in the third quarter and show no sign of letting up, the world’s number five operator, Hapag-Lloyd, said . Port congestion and
ONE to launch the first dedicated Korea and Central/South China to Straits service
SINGAPORE : Ocean Network Express (ONE) is pleased to unveil a new addition to their offered services, connecting Korea and Central/South China to Straits. The new weekly Korea – China – Straits (KCS) Service,
Port of Vancouver sends record numbers of empty shipping containers to Asia
The Port of Vancouver is sending record numbers of empty shipping containers to Asia, underscoring the chaotic effects of a recent recovery in global trade volumes. Usually, shipping companies try to maximize cargo-carrying efficiency
China’s power crisis throws another curveball at container shipping
The Chinese government has reduced electricity supply to factories in at least 10 provinces, causing them to reduce production or shut until at least upto 30th September, as Beijing rushes to slash carbon emissions.