ZIM quits Pacific Southwest lane again as ZEX service axed
HAIFA : ZIM will withdraw its eCommerce Xpress (ZEX) service at the end of this month. which was launched during the peak of the freight market in 2020.
ONE announces completion of acquisition by Poseidon Acquisition Corp
SINGAPORE : Ocean Network Express Pte. Ltd. together with the partners forming Poseidon Acquisition Corp. (“Poseidon”) has jointly announced with Atlas Corp. (“Atlas”) the closing of the previously
Georgia Ports invests US$170 million in new hybrid yard cranes
SAVANNAH : The Georgia Ports Authority (GPA) has decided to spend US$170 million on 55 hybrid-engine rubber-tired gantry cranes to equip the Port of Savannah‘s Ocean Terminal during
Wind-assistance can drive profitable and sustainable shipping
LONDON : Maritime’s singular focus on alternative fuels ignores a source of free renewable energy that has powered maritime trade for millennia. “Shipping is seeking to reduce costs
IMO CARES project enters next phase
LONDON : The International Maritime Organization (IMO)’s IMO CARES project funding boost from Saudi Arabia enables move to full implementation phase. The IMO CARES project has completed a year-long foundation
Central Govt is working to reduce logistics cost to GDP to 7.5% in 5 years: Amit Shah
NEW DELHI : The government is working to bring down logistics cost to GDP to 7.5 per cent from the current 13 per cent, Union Home Minister Shri
MoPSW brief on Maritime Trade with Iran, Israel And Egypt
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal in a written reply to the Rajya Sabha informed that, various steps have been taken
India’s overall exports cross an all time high of US$ 750 Billion in the 75th year of independence
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal announced that India’s overall exports, that includes services
Green Port Policy soon with focus on carbon neutrality
NEW DELHI : India will soon roll out a green port policy to encourage local ports to adopt emerging global standards on carbon neutrality, helping attain the broader long-term national goal
4th Logix India 2023 to focus on value-added and end-to-end logistics through partnerships, JVs and
MUMBAI : The 4th Logix India 2023 was inaugurated at Mumbai on March 27, 2023. Dr A Sakthivel, President, FIEO in his inaugural address said that India’s logistics
