Centre to seek financial bids for Shipping Corporation next month
NEW DELHI : The Centre is expected to seek financial bids for Shipping Corporation sometime next month after the potential investors have had the chance to pore over the state-owned company’s books, a senior
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 India, together with the Freight Movers
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, including the top foreign currency earner
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 Glasgow on November 6, ‘Shaping the
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. Analysis carried by shows that of
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. After a protracted legal fight over
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. Nihal Keppetipola said. This was stated
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 and August. Firstly, Hapag-Lloyd will implement