Petroleum products exports up 3.3% in May
NEW DELHI : After registering a drop of over 11% in April, India’s export of refined oil products regained momentum and rose marginally last month as the demand increased. The country exported 1.24 million
Singapore reopens disused container terminals to alleviate bottlenecks
SINGAPORE : The Maritime and Port Authority of Singapore (MPA) said on 30 May that operations at shuttered container terminals in the city-state’s downtown have been temporarily resumed to ease the backlog of ships
Maersk faces significant port congestion in Asia and Mediterranean
OSLO : Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish Shipping Group said in a statement on Monday. As a result of that
Keel laying ceremony of the second Cadet Training Ship (Yard – 18004) at M/s L&T Shipyard
KATTUPALLI : Keel laying ceremony of the second Cadet Training Ship (Yard – 18004) was held at M/s L&T Shipyard, Kattupalli on 03 Jun 24. The ceremony was presided over by RAdm Sandeep Mehta, Assistant
DHL Express adds innovative feature on AI-powered platform to help businesses access new markets
SINGAPORE : DHL Express, the world’s leading international express service provider, has further enhanced its AI-powered platform, “My Global Trade Services” (MyGTS), with a new “trade lane comparison” feature. This feature enables businesses of
Korea’s exports at 22-month high in May on chips, cars
SEOUL : South Korea’s exports hit a 22-month high in May led by strong shipments of semiconductors and automobiles abroad, adding to hopes that overseas sales are expected to lead a recovery in Asia’s
L-Acoustics and GEODIS announce the opening of a Regional Distribution Centre in Singapore
SINGAPORE : GEODIS, a leading global logistics provider, and L-Acoustics, the industry leader in premium professional sound, opened their new regional distribution center in Singapore. The distribution center, the first for L-Acoustics in the Asia Pacific
New investments announced for the NY-NJ harbor
NEW YORK : The Port Authority of New York and New Jersey has outlined a multifaceted package of significant investments in partnership with the U.S. Army Corps of Engineers to boost navigational safety and
UMAS evolves to better serve the shipping sector’s decarbonisation needs
LONDON : UMAS, formerly a close collaboration between the UCL Energy Institute shipping research group and UMAS International Ltd, is to take on a new configuration to better serve the shipping sector’s needs, as
Bernhard Schulte Shipmanagement appoints new board member Bjoern Sprotte as CPSO
HAMBURG : Bernhard Schulte Shipmanagement (BSM) is pleased to announce the appointment of Bjoern Sprotte as Chief People and Sustainability Officer to the Management Board, effective 1 June 2024. Based in Limassol, Cyprus, and