Govt, industry begin work on reducing emissions from freight movement
NEW DELHI : To encourage the rapidly expanding freight transport ecosystem to transition to zero emission movement, the WEF had, earlier this year, announced the setting up of
Swan Energy accelerates expansion with Reliance Naval and Engineering Acquisition
MUMBAI : Swan Energy, operating through its special purpose vehicle Hazel Infra, will complete the acquisition of Reliance Naval and Engineering by paying Rs. 231 crore on November
A.P. Moller – Maersk reports Q3 financial results in line with expectations, yet challenges lie ah
COPENHAGEN : A.P. Moller – Maersk’s (Maersk) financial results for third quarter of 2023 were in line with expectations in a difficult market environment with rates well off
PSA Italy wins at prestigious Italian Terminal and Logistics Awards
PIACENZA : PSA Italy was named ‘Best Port/Terminal Operator’ at the fifth edition of the Italian Terminal and Logistics Awards (ITALA)! The awards ceremony took place on 6
Hapag-Lloyd raises rates from California to Indian Subcontinent and Middle East
HAMBURG : Hapag-Lloyd has announced a General Rate Increase (GRI) from the US West Coast to Indian Subcontinent and Middle East for cargo transported in 20’ and 40’
CMA CGM applies new FAK rates from Asia to North Europe
MARSEILLE : Marseille-based container line CMA CGM has announced new Freight All Kinds (FAK) rates from all Asian ports, including Japan, South East Asia and Bangladesh, to all
Emirates Shipping Line to commence Far East Africa Express service
HONG KONG : Emirates Shipping Line (ESL) announced the launch of the Far East Africa Express (FAX) service connecting major ports in China with Mombasa in Kenya and
IMO marks 50 years of marine environment protection, MARPOL
LONDON : IMO marks 50 years since the MARPOL Convention was adopted. Ships today must take measures on board to stop sewage, garbage and operational waste entering the
New leadership for International Association of Ports and Harbors
HAMBURG : Mr. Jens Meier, CEO of Hamburg Port Authority, has been elected as the new president of the International Association of Ports and Harbors (IAPH) for the
FDI into China turns negative for first time
BEIJING : A measure of foreign investment into China turned negative for the first time since records began in 1998, highlighting how foreign companies are pulling money out of the