PUTEAUX (FRANCE) : Bolloré Logistics supports one of its “premium” customers, a luxury fashion house, in its sustainability initiative. In this context, the customer has taken a step towards modal shift by choosing to
DHAKA : State-run Bangladesh Shipping Corporation (BSC) will get a $22.48m pay-out from insurers over its abandoned bulk carrier, Banglar Samriddhi, which has been stuck in Ukrainian waters for a year, having suffered a rocket
LONDON : Amid falling spot freight rates, Drewry has significantly reduced the industry profitability forecast for 2023 but the ongoing consolidation at the current price-to-book (P/B level) hints that the financial community has already
SWEDEN : Swedish system integrator METS Technology has, together with main contractor Ö-VARVET AB, decided on EST-Floattech’s new Octopus Series battery system for the retrofitting of the MS ‘Hamnen’. METS Technology focuses on developing
NEW DELHI : MoPSW, under its Sagarmala Programme, has pushed a number of reforms and initiatives in the maritime industry to strengthen the country’s socio-economic and regulatory environment. One of the key initiatives of
KOCHI : As part of the agreement between the Kerala Government and Adani Ports, the former will now have to give Rs 400 crore to the latter as the construction of the breakwater at
MUMBAI : Container trailer operators serving India’s Nhava Sheva Port (JNPT) are reporting long truck waits and congestion problems at the terminal entry points due to box scanning delays. According to Nhava Sheva Container
AHMEDABAD : The shipbuilding industry in Gujarat, which witnessed high profits about a decade ago, is in troubled waters these days. Of the seven shipbuilding yards in the state, three major ones — ABG
LUCKNOW : Welspun One Logistics Parks has signed a pact with the Uttar Pradesh government for investment of Rs 2,000 crore to develop warehousing and logistics parks in the state. In a statement, the
COPENHAGEN : Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in 2021, claiming compensation for delays caused
