For the fourth quarter ended December 31, 2020, OOCL’s total volumes were 23.7% up from the same period last year. Total revenues increased by 51.2% to $2,423 million. Loadable capacity increased by 17.5%. The
Capt. Binesh Kumar Tyagi has taken over as Director, Liner and Passenger Services (L&PS), Shipping Corporation of India (SCI) on January 8, 2021, informed an official communiqué. In his distinguished career spanning over 30
COPENHAGEN: The Ocean Cleanup’s mission is to develop advanced technologies to rid the world’s oceans of plastic. To achieve this goal, they aim to stop the inflow via rivers and clean up what has
Hong Kong’s Department of Health has invoked the Prevention and Control of Disease (Regulation of Cross-boundary Conveyances and Travellers) Regulation (Cap. 599H) to prohibit vessels which have visited South Africa or UK in the
MUMBAI/KOLKATA: State-run Shipping Corporation of India (SCI) will collaborate with Inland Waterways Authority soon to commence coastal shipping services, a company official said recently. The Coastal Shipping activities will be undertaken by its wholly-owned
To handle the envisaged container traffic, J. M. Baxi Group’s Visakha Container Terminal (VCT) at Visakhapatnam Port is moving at a greater pace to complete the expansion project of the terminal, it has stressed
Container lines are blanking very few sailings in the traditional slack season around Chinese New Year, as they continue to try and cope with unprecedented demand and disruption caused by empty container shortages. Analyst
The willingness of shipping lines to make direct cost outlays and forego revenue to reduce the empty container backlog shows the incredible support being given by ocean carriers to keeping Australia’s supply chain functioning.
MUMBAI: Mr. Binesh Kumar Tyagi has been named the New Director (liner and passenger services) at Shipping Corporation of India Ltd. Tyagi is currently a General Manager at the state-owned company. Tyagi’s appointment was
In a “normal” year, carriers would announce several blank sailings in connection with Chinese New Year (CNY), in order to balance supply to the lower container shipping demand, due to factories closing over the