Baltic index hits over two-month trough on lower rates across vessels
LONDON : The Baltic Exchange’s main sea freight index slumped to its lowest level in over two-months on Tuesday as rates across all vessel segments declined. The overall
Central Govt is working on Policy to allow ports extend lease beyond 30 years
NEW DELHI : The Centre is preparing a policy that will allow extension of Port terminal contracts beyond their 30-year lease period under certain conditions. “The policy will
MSC takes delivery of another sea behemoth, expanding the elite club of world’s largest ships
GENEVA : Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), hosted a naming and delivery ceremony for the 24,000 TEU container vessel,
APM Terminals Mumbai receives final batch of new port equipment
MUMBAI : APM Terminals Mumbai in its recent LinkedIn post communique informed that “the next and final batch of equipment has arrived. The vessel ZHENHUA 24, carrying 4
First mother ship to berth at Adani Ports Vizhinjam in September
THIRUVANANTHAPURAM :The much-delayed Kerala’s flagship project- Vizhinjam Port finally appears to be nearing completion. According to the state government, the first mother ship from China having 40 cranes
Hapag-Lloyd announces addition of Hazira Port to the rotation of MIAX Service
HAMBURG : Hapag-Lloyd has announced the addition of the Indian port of Hazira to the rotation of the Middle East India Africa Express (MIAX) Service. The German ocean
FESCO added Mundra Port to its deep sea service
MOSCOW : FESCO Transportation Group expands the geography of its Deep Sea Service with the call at the Indian port of Mundra, FESCO says in its press release.
Wan Hai opens new office in New Delhi, India
TAIPEI : Wan Hai Lines established a non-port office in India for the first time in response to the domestic demand in the country’s inland, aiming to expand
CMA CGM revises Peak Season Surcharge
MARSEILLE : French ocean carrier CMA CGM has announced the revision of a peak season surcharge (PSS) from the Indian Subcontinent, Middle East Gulf, Red Sea and Egypt
Shadowfax joins ONDC to offer end-to-end logistics services in over 700 Indian cities
HYDERABAD : Logistics firm Shadowfax has joined government-supported ONDC for e-commerce to provide last-mile delivery service in over 700 Indian cities, the company said on Tuesday. Shadowfax is
