Contributes to developing bill draft and Inland Vessel (IV) Rules NEW DELHI : International ship classification society, Indian Register of Shipping (IRClass) has played an integral role in the drafting of the Inland Vessels
MUMBAI : Led by strong demand from the US, Europe and United Arab Emirates (UAE), engineering goods exports from India reached an all-time high of $9.14 billion in July, accounting for one-fourth of the
MUMBAI : State-run Jawaharlal Nehru Port Trust (JNPT) issued a global tender on Monday to privatise the container terminal which it has been running on its own for which the one of the biggest
Chinese e-commerce giant Alibaba’s logistics Cainiao is launching a direct sea freight route between China and South Korea to reduce the cost of parcel shipments. Cainaio Network is launching a six time a week
CHITTAGONG : The risk of spread of coronavirus among the crew and staff of Chittagong port is rising as the presence of the deadly virus was detected in the body of crews of two
GOTHENBURG : On 13 August, the first, entirely new rail shuttle rolled out from APM Terminals in Gothenburg for onward travel to Malungsfors, adding another direct link from Central Sweden to the world. The
GENEVA : Mediterranean Shipping Company (MSC) has announced fresh charges from ports in Asia and South Africa to European destinations, which will take effect in the next month. Effective from 1 September until further notice
MERSEILLES : The French shipping line CMA CGM has announced the introduction of new rate increases for sailings in Europe, North Africa and the Mediterranean, which will take effect in September. Firstly, the Marseille-based
Hong Kong-listed Orient Overseas (International) Ltd (OOIL), which owns OOCL, reported a massive surge in first half net profit to $2.81bn compared to $155m in the same period in 2020. With an EBIT of
The Port of Long Beach (POLB) has announced the completion of the Long Beach Container Terminal (LBCT) at Middle Harbor, equipped with nearly all-electric and zero-emissions equipment. LBCT at Middle Harborone constitutes “one of
