TAIPEI : Evergreen has secured an impressive $30 million from the sale of the 1996-built, 5,364 TEU Ever United, which is scheduled to deliver charter-free later this month. “This remarkable sale at a historically
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 Maritime Employers Association (BCMEA) come to
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 TEU have been delivered, surpassing the
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 compound average growth rate (CAGR) of
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 for capesize, panamax and supramax shipping
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 a combined investment of Rs 187.33
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 visit to V.O.Chidambaranar Port Authority, Tuticorin
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. The Assam Inland Water Transport Development
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 reduce transit time and logistics cost.
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 container shipping based in Copenhagen, Denmark.
