SINGAPORE : Ocean Network Express Pte. Ltd. together with the partners forming Poseidon Acquisition Corp. (“Poseidon”) has jointly announced with Atlas Corp. (“Atlas”) the closing of the previously announced transaction pursuant to which Poseidon
SAVANNAH : The Georgia Ports Authority (GPA) has decided to spend US$170 million on 55 hybrid-engine rubber-tired gantry cranes to equip the Port of Savannah‘s Ocean Terminal during its transformation into an all-container facility.
LONDON : Maritime’s singular focus on alternative fuels ignores a source of free renewable energy that has powered maritime trade for millennia. “Shipping is seeking to reduce costs and lower GHG emissions. However, the
LONDON : The International Maritime Organization (IMO)’s IMO CARES project funding boost from Saudi Arabia enables move to full implementation phase. The IMO CARES project has completed a year-long foundation and preparatory phase, and now has
NEW DELHI : The government is working to bring down logistics cost to GDP to 7.5 per cent from the current 13 per cent, Union Home Minister Shri Amit Shah said Tuesday. Addressing the
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal in a written reply to the Rajya Sabha informed that, various steps have been taken to promote maritime trade with Iran,
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal announced that India’s overall exports, that includes services and merchandise exports, have crossed US$
NEW DELHI : India will soon roll out a green port policy to encourage local ports to adopt emerging global standards on carbon neutrality, helping attain the broader long-term national goal of net zero emissions. Officials said
MUMBAI : The 4th Logix India 2023 was inaugurated at Mumbai on March 27, 2023. Dr A Sakthivel, President, FIEO in his inaugural address said that India’s logistics ecosystem is now ready for a
AHMEDABAD : Adani Ports and Special Economic Zone (APSEZ) remained under the spotlight on Tuesday, falling as much as 5 per cent during the session, amid the negative news flow from Israel relating to
