Kamarajar Port logs 13% rise in auto exports in 2022
CHENNAI : The Kamarajar Port in Tamil Nadu has registered 13% growth in automobile exports in calendar year 2022, riding on its excellent infrastructure facilities including ample vehicle
2M Alliance revises Transatlantic network
MUMBAI : The largest container alliance in the world 2M Alliance, comprising Maersk and MSC, decided to make changes to its Transatlantic network. The alterations in 2M’s North
Reduction in box transport by 8,6% in Port of Antwerp-Bruges
ANTWERP : Container throughput at the Port of Antwerp-Bruges decreased by 5.2% to 13.5 million TEUs in 2022, compared with 2021 box numbers. The previous year was an
Alphaliner : Boxship sales halved in 2022 as freight levels fell
FRANCE : Sales and purchases of container ships halved to 950,300 TEUs in 2022 as freight levels began normalising, according to Alphaliner‘s latest report released on 11 January.
88% of supply chain leaders surveyed fear “Inflation and recession will be the biggest factors tha
HAMBURG : Container xChange released the Container LogTech predictions report for 2023 which highlights important global trends that the shipping and supply chain industry will witness in 2023.
China cancels crew change quarantine against Covid
BEIJING : China’s Ministry of Transport, Ministry of Foreign Affairs, National Health Commission, General Administration of Customs, National Immigration Administration and National Bureau of Disease Control and Prevention have jointly issued
MSC’s TIL completes Italian box terminal takeover
GENEVA : MSC’s port operating arm, Terminal Investment Limited (TIL) has completed the acquisition of Terminal Darsena Toscana (TDT) in the Port of Livorno. In particular, TIL’s subsidiary
ZIM backs fintech startup firm
HAIFA : 40Seas, an innovative fintech platform for cross-border trade financing, was funded with US$111 million from the Israeli companies ZIM and Team8. In particular, the company’s US$11
Container Terminal Development Project launched at King Abdulaziz Port
RIYADH : The Saudi Ports Authority (Mawani) has announced the laying of the foundation stone for upgrading and developing two container terminals at King Abdulaziz Port in Dammam
MOL announces new series name and new hull color design for LNG-fueled car carriers
TOKYO : Mitsui O.S.K. Lines, Ltd, announced that it has decided on a new series name and a new hull color design for its car carriers, which are