CIMC Wetrans opens Asian headquarters in Singapore
SHENZHEN : CIMC Wetrans, logistics unit of China International Marine Containers (CIMC), has opening up its Asia headquarter in Singapore. The company has been expanding its overseas network in recent years and is able
Hong Kong investing $2.5m to promote maritime services sector
HONG KONG : The Hong Kong Govt has allocated HK$20m ($2.5m) in its 2023 – 24 budget to promote the high-end maritime service industry sector. In his budget speech Hong Kong Financial Secretary Paul
Govt to increase the share of renewable energy in ports by 60% : Sarbanada Sonowal
NEW DELHI : The Centre is aiming to increase the share of renewable energy to 60 per cent in the total power consumption of its major ports from a present share of less than 10 per cent, Union
Singapore-based RBB Ship Chartering comes to GIFT City
GANDHINAGAR : Singapore-based RBB Ship Chartering Pte Ltd has become the first ship leasing operator at the International Financial Services Centre (IFSC) in GIFT City, Gandhinagar. RSCPL (IFSC) Private Ltd, a 100 per cent
Government to amend law for mandating foreign ship owners pay provident fund to Indian seafarers
MUMBAI : Foreign ship owners will have to pay provident fund, gratuity and pension to the Indian crew they hire to run their ships, per a proposal mooted by the Directorate General of Shipping
FMC in tussle with MSC over $1,000 surcharge
WASHINGTON, D. C. : The Ocean Shipping Reform Act of 2022 (OSRA 2022) broke new ground, in creating mechanisms for cargo interests to challenge charges initiated by carriers that are potentially not conforming with
Three Major Ports, Paradip Port, Deendayal Port & V. O. Chidambaranar Port will be developed as Hydrogen Hubs: Sonowal
NEW DELHI : The consultative committee for the Ministry of Ports, Shipping and Waterways (MoPSW) had a discussion on ‘Green Port and Green Shipping’ in Mumbai. During this meeting Shri Sarbananda Sonowal, Union Minister,
Wan Hai A09-a 13,100 TEU container ship named by Wan Hai Lines
TAIPEI : Wan Hai Lines held a ship naming ceremony for Wan Hai A09 accompanied by a charity donation on 14 February at Samsung Heavy Industries Geoje shipyard. In particular, Wan Hai A09 is