Coming US infrastructure bill promises port-funding splurge
US ports and inland waterways are on track to receive at least $11.8 billion in new federal funding over the next five years through a $1 trillion infrastructure
India-led UNSC meet snubs China, backs Law of Sea convention
NEW DELHI : Overcoming resistance from China, an unprecedented India-led UN Security Council session highlighted the primacy of the UNCLOS (United Nations Convention on the Law of the
MSC revises Middle East, Indian Subcontinent – USEC network
SINGAPORE : Mediterranean Shipping Company (MSC) has announced the enhancement of its Middle East, Indian Subcontinent & US East Coast network, which now includes three distinct services. The
Cargo volumes at dozen major ports grew by 21.71% during April-July to 235.635 million tonnes
MUMBAI : Cargo handled at India’s dozen state-owned major ports rose 21.71 per cent during the April-July period to 235.635 million tonnes (mt) from 193.606 mt a year
Exporters worried over spike in freight and container charges
NEW DELHI : Exporters are worried that a spike in freight and container charges will hit shipments as it will make Indian goods costly and erode their competitive
DB Schenker warns container lines against entering logistics
ESSEN : Maersk and CMA CGM both have declared ambitions of expanding in logistics. At German DB Schenker, COO, Mr. Thorsten Meincke warns container lines against this strategy.
PSA Collaborates with RHT to Co-Create ESG Digital Assets Solutions
PSA International has entered into a Memorandum of Understanding (MoU) with the RHT Group of Companies (RHT) to explore co-creation and investment in Environmental, Social, and Governance (ESG) digital assets
RITES bags biggest ever work order worth Rs 4,027 cr
NEW DELHI : Officials announced on Friday that RITES Limited, a prominent transport infrastructure consultancy and engineering firm, has received the Railway Ministry’s highest-ever work order for railway track
THE Alliance cancels 12 sailings in August, double the blank sailings of 2M and Ocean Alliance
Over the next four weeks, The Alliance (Hapag-Lloyd, ONE, Yang Ming, HMM) has announced 12 cancellations, followed by 2M (Maersk, MSC) and Ocean Alliance (CMA CGM, COSCO, Evergreen)
Maersk appoints new Chief People Officer
COPENHAGEN : Maersk has appointed a new Chief People Officer, Susana Elvira, set to assume the position from September 1, reads an announcement from Maersk released on Monday.