Centre pushes for Alang to emerge as vehicle scrappage hub
NEW DELHI : Alang, in the Bhvanagar district of Gujarat, is considered to be the largest ship breaking yard in Asia; and there has been a push from
MoU between Citroën India and Kamarajar Port Ltd to commence its export program from India
CHENNAI : Citroën India, part of the Stellantis Group, announced that it has signed a Memorandum of Understanding with Kamarajar Port Ltd (KPL) to commence its export program
Is there more on the horizon for container spot price falls?
By Mr. Gautham Krishnan The 2M Alliance between the Shipping- giants MSC and Maersk, announced earlier in the year about the disbanding of the alliance. Ever since then,
MSC, world’s biggest shipping company and U.S.-China trade bellwether, is betting on a rebound for
GENEVA : MSC, Mediterranean Shipping Company, the world’s largest ocean freight line, tells that it is expecting positive signals for the global economy from trade demand, but it
Hapag-Lloyd publishes 2022 annual report and announces forecast for the current financial year
HAMBURG : Hapag-Lloyd published its annual report for 2022, the year of its 175th anniversary. According to the report, Hapag-Lloyd’s EBITDA increased to USD 20.5 billion (EUR 19.4
UAE issues new law on Dubai Ports Authority to boost maritime trade
RIYADH : A new law aimed at boosting investments and trade in Dubai’s maritime sector has been issued by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and
Bengal Tiger Line (BTL) launches new ISI Shipping Service
SINGAPORE : Singapore-based feeder operator Bengal Tiger Line (BTL) launches new India – Saudi Arabia – Iraq (ISI) Shipping Service. The ISI service will link the Dammam-based hub
DHL suspends ‘Import Express Product’ in Pakistan
KARACHI : Dalsey, Hillblom and Lynn (DHL), a global logistics company, announced the suspension of some of its operations partially in Pakistan due to the government’s restrictions on
COSCO SHIPPING Ports buys stakes in two Xiamen firms
SHANGHAI : COSCO SHIPPING Ports confirmed the completion of the acquisition of 56% of the equity interest in Xiamen Haicang Free Trade Port Zone Company and 30% of
PIL strengthens Middle East coverage with Gulf Service 2 (GC2)
SINGAPORE : With the aim of continually improving its connectivity from Asia and enhancing its coverage of the Middle East, Pacific International Lines (PIL) is pleased to introduce