HAIFA : ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, and Alibaba.com, the world’s leading B2B eCommerce platform and a business unit of Alibaba Group (NYSE: BABA), announced today that
ANTWERP : Port of Antwerp and the University of Antwerp have developed new types of asphalt that extend the working life of roads subjected to heavy traffic. In order to test these sustainable asphalts,
NEW DELHI : The Centre is holding top-level inter-ministerial conferences to provide a closing form to the much-awaited Remission of Duties and Taxes on Exported Merchandise (RoDTEP) scheme for exporters and take the essential
MUMBAI : State-run Hindustan Shipyard Ltd is negotiating an order with the Indian Navy for building 4-5 fleet support ships estimated worth ₹18,000 crore to serve the expanding size of the naval ships, a
The ongoing congestion in Nigeria ports has forced the French shipping group, CMA CGM, to suspend a number of shipments to several ports in the country. The Marseille-based line has announced that all reefer
International Maritime Organization (IMO) adopts key mandatory measures to reduce ships’ carbon intensity; establishes ship rating system. New mandatory measures to cut the carbon intensity of international shipping have been adopted by the International
Mitsui OSK Lines (MOL) and Kawasaki Kisen Kaisha (K Line), two of Japan’s largest shipping lines, are part of a team setting out to design larger liquefied CO2 carriers. The Japanese government has been
KOCHI : The Kochi PDP complex marks the first major endeavour in the country, either in the public or private sector, to produce niche petrochemicals KOCHI: Kochi Refinery, the largest asset of Bharat Petroleum,
TOKYO : Marubeni Corporation (Marubeni), NYK Line, and Transnational Diversified Group (TDG)* have agreed on Marubeni’s acquisition of a stake in MarCoPay Inc., an electronic money platform business founded by NYK Line and TDG.
Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight. Widespread port congestion, equipment shortages and a lack of ships will push the
