SAN ANTONIO : DP World and CMA CGM have created a new company Chile Inland Services (CIS), a joint venture to operate a container depot and bonded storage facility 10 km from the Port
MARSEILLE : French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday. CMA
HAMBURG : Maersk, together with the German project developer bauwo, is building a 20,000 square meter logistics center near Hanover for the storage and handling of electric car batteries and components to produce the
KAOHSIUNG : Taiwan International Ports Corporation (TIPC) Chairman Lee Hsien-yi stated on 5 May that the newly built No. 7 terminal in Taiwan’s Kaohisung port is the country’s first fully automated container terminal, and
HAIFA : ZIM has made an order of 1,000 Star Cool reefers with Sekstant door sensors and a similar volume for retrofitting to its existing Star Cool reefers. The move comes as part of
HONG KONG : Orient Overseas Container Line (OOCL) has launched a new Chinese language AI chatbot on its customer facing platforms. OOCL has introduced an AI chatbot known as “Fin” on its OOCL.com, My
HALIFAX : The 14,000 TEU container ship ONE Stork is the first upsized EC5 vessel that has arrived at the Port of Halifax in Canada. The boxship with 364 metres in length overall arrived
PARADIP : In a bid to conquer the top spot among major ports of the country, Paradip Port Trust is aiming at 150 million tonne of cargo handling this fiscal and implementing a strategy to raise
MUNDRA : Cargo handled at Adani Ports and Special Economic Zone (APSEZ) has contributed Rs 80,732 crore to the assets of the Customs department in FY23 compared to Rs 60,945 crore in FY22. According
VISAKHAPATNAM : ArcelorMittal Nippon Steel India Ltd (AM/NS India) will acquire a 16 million tonne (mt) capacity iron terminal at Visakhapatnam Port from a unit of Essar Group for some Rs 800-1,000 crore as