Long Beach achieves second-busiest year in history
CALIFORNIA : The Port of Long Beach (POLB) has achieved its second-busiest year on record in 2022, moving 9.13 million TEUs, a 2.7% decrease from 2021, which was
BUREAU VERITAS inaugurates new regional headquarters in Riyadh
FRANCE : Bureau Veritas has inaugurated its new regional headquarters in Riyadh, Saudi Arabia. This marks more than 3 decades of the Group’s presence in the Kingdom of
Ocean shipping rates are collapsing
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation
The New Shipping Dilemma – Staying Profitable in a Carbon-Neutral Future
TEXAS : Maintaining the status quo is not an option for global shipping companies in 2023. In order to meet the challenges ahead around CII & digitalization and
Union Govt plan to set up a modern floating jetty at Biswanath Ghat : Sarbananda Sonowal
GUWAHATI : The Union Minister of Ports, Shipping & Waterways Shri Sarbananda Sonowal informed about the union government’s plan to set up a modern floating jetty at the Biswanath Ghat soon. This will
Cargo traffic at state-owned ports rose 10.4 per cent in December YoY
NEW DELHI : Cargo traffic at state-owned ports rose 10.4 per cent in December year-on-year (YoY), signaling a strong rebound in a year that has fared slower than expected. Twelve
Govt to allocate Rs 12,000 Cr for roads, bridges in Gujarat: Nitin Gadkari
NEW DELHI : Union Minister for road transport and highways, Shri Nitin Gadkari, announced that the central government will allocate an additional Rs 12,600 crore to Gujarat for
FFFAI hosts Webinar on new developments and opportunities on INSTC route and Shahid Beheshti Port in
MUMBAI : On January 18, 2023 the Federation of Freight Forwarders Association (FFFAI) conducted a Webinar to share important developments on new routes from India to CIS countries
Rail Vikas Nigam forms two JVs to construct multi modal logistics parks across India
NEW DELHI : Rail Vikas Nigam Ltd. (RVNL) has announced the formation of two joint venture (JV) companies, namely the Bengaluru MMLP Pvt. Ltd. and Chennai MMLP Pvt.
Shreyas Shipping and Logistics Ltd signs MOA for sale of vessel
MUMBAI : Shreyas Shipping and Logistics Ltd has signed a Memorandum of Agreement (MOA) on 20th January 2023 for sale of one vessel, M.V. SSL Kochi. Shares of