British Columbia ports head toward lockout as labor talks stall
LONDON : British Columbia ports head toward a lockout on Nov. 4 as negotiations between the International Longshore and Warehouse Union (ILWU) Local 514 and the British Columbia
Container ship deliveries hit new record of 2.5 million TEU : BIMCO
LONDON : Just ten months into 2024, shipyards’ deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m
Drewry launches new intra-Asia online service
LONDON : Drewry’s new online Intra-Asia Container Market Insight service confirms that growth in the intra-Asia container shipping market, which over the last five years (2019-2023) registered a
Baltic index rises as capesize segment logs gains
LONDON : The Baltic Exchange’s dry bulk sea freight index rose on Tuesday, buoyed by rising rates across the capesize vessel segment. The index, which factors in rates
Sarbananda Sonowal inaugurates Rs 187 crore projects combined at Chennai and Kamarajar Ports
CHENNAI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, on Monday inaugurated a series of projects at the Chennai Port Authority and Kamarajar Port Limited from Chennai.These initiatives, launched with
VoC Port welcomes Indian Navy’s autonomous Surface vessel ‘Matangi’
TUTICORIN : Shri Suresh Babu, Chairperson i/c., & CME, and senior officers of the Port warmly welcomed Indian Navy’s indigenously developed autonomous Surface vessel, ‘Matangi‘ on her maiden
Assam Govt implementing steps to revitalise waterways : CMO
GUWAHATI : Assam Government is actively working to revitalise the state’s waterways by enhancing safety, modernising infrastructure and improving connectivity, the Chief Minister’s Office (CMO) said on Monday.
Gateway Distriparks launches double stack rail services at Faridabad hub
FARIDABAD : Multimodal logistics operator Gateway Distriparks Ltd(GDL) on Monday said it has launched double stack rail services at its inland container depot in Faridabad, which will help
Kaushalya Logistics Limited signs partnership with Maersk Line to strengthen surface transportation
MUMBAI : Kaushalya Logistics Limited ( KLL), a prominent conglomerate in logistics support for the cement industry, recently secured an agreement with Maersk Line, the global giant in
Ocean Network Express registers strong Financial Result for FY2024 2nd Quarter
SINGAPORE : Ocean Network Express (ONE) released the financial result for FY2024 2nd Quarter (from July 2024 to September 2024). The revenue for FY2024 2nd quarter was US$5,864million, up
