Chinese shipyards hit record 47% market share in 2022
BEIJING : “In 2022, Chinese shipyards reached a market share of 47% and for the first time exceeded the combined market share of Japanese and South Korean shipyards,”
COSCO establishes China Electric Ship Innovation Alliance
BEIJING : China COSCO Shipping Corporation Limited and COSCO Shipping Development developed the China Electric Ship Innovation Alliance which was established on 8 February. At the founding ceremony,
Bolloré Logistics China receives certificate of Multinational Companies’ regional headquarter
SHANGHAI : Bolloré Logistics China was awarded the certificate of Multinational Companies (MNCs)’ Regional Headquarters at a ceremony organised by the Shanghai municipal government. By obtaining this certificate,
Ocean Network Express and Seaspan Corporation conclude Second Joint Crisis Management Drill
SINGAPORE : Ocean Network Express (‘ONE’) and Seaspan Corporation (‘Seaspan’) concluded their second joint crisis management drill on 14 February 2023. Building on lessons learned from the inaugural
NYK and Siemens Gamesa Conclude Charter Agreement for Crew Transfer Vessel for Offshore Wind Power G
TOKYO : On February 15, NYK has concluded a time charter contract with Siemens Gamesa, the world-leading provider of wind power solutions, for a crew transport vessel (CTV)*
FFFAI’s all India 12th Executive Committee Meeting held in Ahmedabad
AHMEDABAD : The Federation of Freight Forwarders’ Associations in India (FFFAI) held its 12th Executive Committee (EC) Meeting in Ahmedabad on February 10 and 11, 2023, which was
Over 8.5% growth in the current fiscal so far is reasonable against the back drop of global headwind
NEW DELHI : Though monthly January 2023 merchandise exports continue to remain in the negative territory, dipping by 6.58 percent at USD 32.91 compared to USD 35.23 billion
Railways to play an important role in making the country a developed nation by 2047 : MOS, Railways
NEW DELHI : Indian Railways is determined to reduce logistics cost from around 14 percent of GDP to under 10 percent while the National Rail Plan targets an
Nagpur-Bhusawal rail tracks congestion delaying container movements
MUMBAI : The railways is facing an unprecedented congestion on the tracks in the Nagpur-Bhusawal section. This has delayed the movement of export-bound containers and also the inward
Adani Enterprises Q3 Results: Rs 820 Cr profit vs Rs 12 Cr loss YoY
AHMEDABAD : Adani Enterprises Ltd reported a consolidated net profit of Rs 820 crore for the quarter ended December, against a net loss of Rs 11.63 crore a year