Importers and exporters are facing a rapidly disintegrating container shipping market as deployed capacity fails to keep pace with returning consumer and business demand and shipping rates escalate beyond reach for many small to
SWEDEN : On 27 August, Dr Cleopatra Doumbia-Henry, President of the World Maritime University (WMU), was the keynote speaker for Colombia’s virtual conference on ‘Empowering Women in the Maritime Sector.‘ The conference was organized
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO, Mr. Takeshi Hashimoto on September 2nd announced that it has signed a Letter of Intent with Public Joint-Stock Company “State Transport Leasing Company” GTLK,
TOKYO : Fujitsu Limited and Nippon Yusen Kabushiki Kaisha (NYK), a major global shipping company, yesterday announced the introduction of Fujitsu’s quantum-inspired Digital Annealer technology to significantly streamline complex stowage planning for car carriers,
MUMBAI : Globicon Terminals – a subsidiary of Teamglobal Logistics Pvt. Ltd and a leading CFS operator at Nhava Sheva is fast gaining popularity with the customers and has been consistently handling volumes as per its
VISHAKHAPATNAM : The Andhra Pradesh Maritime Board Chairman Mr. Kayala Venkata Reddy said that keeping in mind the industries’ requirements and cargo demand, Chief Minister Shri YS Jagan Mohan Reddy has set special focus
GANDHIDHAM : Deendayal Port Trust (DPT) has been conferred with the “Greentech Effective Safety Culture Award 2021”.The Award ceremony was organized at Sonmarg (J&K). The Deendayal Port Trust has declared as Winner for this
NEW DELHI : India has urged utilities to import coal despite having the world’s fourth-largest reserves, with several power plants on the verge of running out of fuel due to a surge in power
CALIFORNIA : Forty-four freight ships are stuck awaiting entry into California’s two largest ports, the highest number recorded since the beginning of the COVID-19 pandemic, the Marine Exchange of Southern California reported on Saturday. The queue is a
MARSEILLIE : French liner major CMA CGM has added 14 new vessels and 32 second-hand vessels to its fleet in 2021 to speed up maritime decarbonisation efforts. Since the beginning of the year, the company has taken delivery
