Allcargo is considering selling stake in ECU Worldwide unit
MUMBAI : Allcargo Logistics Ltd. considers selling a stake in its container shipping firm ECU Worldwide. ECU Worldwide is a prominent international cargo and air freight logistics company present in around 180 countries with
Hapag-Lloyd Invests in Container and Rail Terminals at JadeWeserPort
HAMBURG : Hapag-Lloyd, German liner company is going to invest in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and only deep-water container port. Hapag-Lloyd will acquire a 30% stake in Container Terminal Wilhelmshaven (CTW) and
Cosco Shipping Lines upgrades its reefer fleet
TAIWAN : Cosco Shipping Lines has enhanced its refrigerated cargo fleet with active controlled-atmosphere (CA) systems, named EverFresh, which are provided by Carrier Transicold. The high-performing systems enable perishable shipments to travel further while
Seaspan confirms order of ten 7,000 TEU boxships
The Canadian vessel owner and operator, Seaspan Corporation has entered into an agreement with a major shipyard for ten 7,000TEU scrubber-fitted new container ships. The newbuild LNG Post-Panamax vessels are anticipated to be delivered
Power cuts hit China factories and give container shipping another shock
TAIWAN : Factories in at least ten Chinese provinces have either cut output or closed temporarily this month, after government-imposed power cuts to curb carbon emissions. At least 10 publicly listed companies told the
Drewry introduces container carrier industry ‘maturity and risk’ dashboard
LONDON : To support growing investor and industry interest in the now extremely profitable container shipping sector, Drewry will introduce in its flagship, end-September edition of Container Forecaster a new ’Container Carrier Industry Maturity
FIEO’s ‘Ease of Logistics’ Portal : A win-win situation for exporters and the shipping lines
NEW DELHI : Spread of coronavirus had a major impact on global shipping which has led to supply chain disruption for Indian export sector as well. Realizing the challenges faced by exporters due to
Existing FTP to be extended till March next: Piyush Goyal
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Monday said the existing foreign trade policy (FTP) will be extended till March 31 next year. The government had earlier extended the FTP