Maersk CEO Søren Skou expects to make first CarbonNeutral ship order in 2023
Logistics giant AP Moller-Maersk, the owner of the largest shipping company in the world, expects to order its first carbon-neutral ship as soon as 2023. The company is
MOL’s response to an article on the grounding of the vessel Wakashio
MOL takes its obligations in relation to this incident with utmost seriousness’ Through a communiqué, MOL has put out the following clarification. Excerpts: “Forbes.com published an article on
OOCL presents 2021 Ocean Alliance products
HONG KONG: “We are pleased to present the latest line up of OOCL’s Ocean Alliance products that will commence from April this year. Since the formation of Ocean
OOIL announces Operational Update for the Q4 2020; Volumes rise 24%, Revenues rises 51% (YoY)
HONG KONG: For the fourth quarter ended 31st December 2020,Oriental Overseas International Limited (OOIL) total volumes were 23.7% up from the same period last year. Total revenues increased
Fresh controversy over ports handling rice cargo
A fresh controversy has erupted over the possible diversion of rice cargo, traditionally meant for the anchorage port, to Kakinada Deep Water Port (DWP). AP Maritime Board is
Kottayam Port is all set to commence coastal cargo movement from Kochi
In a major boost to its operations, Kottayam port – the first Inland Container Depot (ICD) in the country, is all set to commence coastal movement of cargo
Snowman Logistics Q3 results announced
MUMBAI: During the quarter ended December 31, 2020, Snowman Logistics Ltd recorded a Revenue of INR 60.18 Crores against INR 58.76 Crores in Q3 FY19-20. EBITDA increased to
Opposition takes on Adani’s Kattupalli Port project ahead of public hearing
Opposition parties are putting pressure on the Tamil Nadu administration to cancel the public hearing on Adani’s expansion at Kattupalli Port near Chennai. The public hearing is scheduled
Indian Railways’ aggressive plan to increase auto freight to impact road logistics
With Indian Railways (IR) chalking out well-laid plans for increasing its market share in freight transport from 28 percent to present to 44 percent in the long term,
Union Minister Nitin Gadkari pitches for more R&D to identify Import substitutes
NAGPUR: Union MSME Minister Nitin Gadkari has pitched for more research to identify products that can be indigenously manufactured as cost-effective import substitutes. The industries and industrial associations