CK Express Shipping Line launches operations in Sri Lanka
COLOMBO : CK Express Shipping Line launched NVOCC Operations focusing starts in Sri Lanka from early July 2021 onwards. M.P. Alaagu Kumar, Chairman of CK Express Shipping Line
Bangladesh closes factories for 19 days disrupting shipment
CHITTAGONG : Bangladesh’s merchandising industry is going through a 19 days operation suspension owing to Eid-ul-Azha festival and pandemic linked strict lockdown. From Tuesday, 20 July all factories,
Shipping industry to discuss decarbonisation at COP26
Global shipping has announced a cross-industry event to be held during COP26, bringing together leaders in shipping, energy, politics and finance to discuss maritime decarbonisation efforts. Held in
Container shipping faces the brunt of new European emissions rules
Maritime is having to contend with the splintering of environmental regulations following last week’s proposal by the European Commission of a cap and trade system for shipping emissions.
Ever Given will need repairs
The Ever Given, this year’s most famous ship, will need repairs. The Evergreen-operated vessel came to worldwide attention in March when it grounded and blocked the Suez Canal for six days.
India-SL synergies vital to control future volume growth in huge container ships
Synergies between India and Sri Lanka are vital to handle a future growth in Ultra Large Container Ships in the Indian subcontinent, Sri Lanka Ports Authority chairman Capt.
European carriers Hapag Lloyd and CMA CGM to increase rates from Asia
The European shipping companies Hapag Lloyd and CMA CGM have announced new charges from several Asia regions to various destinations worldwide, which will take effect from late July
COSCO invests US$1.5 billion in ten new vessels
COSCO Ship Holdings (CSH) has ordered ten ships, comprising six 14,092TEU vessels and four 16,180TEU ships from affiliate COSCO Shipping Heavy Industry (Yangzhou). The 14,092TEU ships cost US$146
Ever Given to omit Hamburg Port call due to “safety concerns”
The containership Ever Given, which left Egyptian waters , will not make its usual Hamburg port call “because of concerns surrounding navigation safety,” ship’s operator Evergreen revealed in a statement. As
Cabinet approves Rs 1,624 crore subsidy for Indian-flagged merchant ships
NEW DELHI : In order to achieve the objective of Atmanirbhar Bharat, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved a scheme to provide Rs.1624