MUMBAI : The Federation of Freight Forwarders Associations in India (FFFAI) has joined the International Coordination Council on Trans-Eurasian Transportation (CCTT) during the XXXII Plenary Meeting which was recently held in Moscow. This year
GANDHINAGAR : Dubai-based Global Marketing Systems Inc (GMS), the world’s largest buyer of ships and offshore assets for recycling, is “looking” at opening a ship leasing unit from the International Financial Services Centre (IFSC)
SINGAPORE : Ocean Network Express (ONE) will upgrade its China India Pakistan (CIP) Service, starting from the cycle of westbound ETA at Shanghai on 31 October. The updated service rotation of the CIP service
SINGAPORE : Ocean Network Express (ONE) has forecast a profit of $851 million for the year ended 31 March 2024, down some $14.1 billion on the previous year. Singapore-headquartered ONE reported a FY2023 Q2
SINGAPORE : In a collective journey towards achieving net zero greenhouse gases (GHG) emissions, PSA Singapore (PSA) and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions
SINGAPORE : Japanese shipping company Mitsui O.S.K. Lines (MOL) and Pyxis Maritime Pte (Pyxis) have signed a Memorandum of Understanding (MoU) to collaborate on the joint development and marketing of the electric vessels (EV)
TOKYO : CMA CGM’s Asia Central South America 1 (ACSA1) Service shipped the first load of Peruvian grapes to Japan. The milestone shipment arrived at CMA CGM’s Honmoku D4 terminal in the port of
NEW DELHI : After Saudi Arabia’s King Abdulaziz Port, commonly known as Dammam Port, was added to the India- Saudi-Iraq service route started by Singapore operated Bengal Tiger Line, it will now be part
HAMBURG : Hapag Lloyd increased its ocean tariff rates from North Europe to India, Pakistan, Red Sea, and the Arabian Gulf. This update will apply for all 20’ and 40’ dry and reefer containers,
DUBAI : BoxcoWorld FZE, a leading transportation solutions enterprise that offers end-to-end multimodal logistics solutions, has signed a Memorandum of Understanding with DP World to invest AED 100 million in the construction of a