Allcargo is considering selling stake in ECU Worldwide unit
MUMBAI : Allcargo Logistics Ltd. considers selling a stake in its container shipping firm ECU Worldwide. ECU Worldwide is a prominent international cargo and air freight logistics company
Hapag-Lloyd Invests in Container and Rail Terminals at JadeWeserPort
HAMBURG : Hapag-Lloyd, German liner company is going to invest in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and only deep-water container port. Hapag-Lloyd will acquire a 30% stake
Cosco Shipping Lines upgrades its reefer fleet
TAIWAN : Cosco Shipping Lines has enhanced its refrigerated cargo fleet with active controlled-atmosphere (CA) systems, named EverFresh, which are provided by Carrier Transicold. The high-performing systems enable
Seaspan confirms order of ten 7,000 TEU boxships
The Canadian vessel owner and operator, Seaspan Corporation has entered into an agreement with a major shipyard for ten 7,000TEU scrubber-fitted new container ships. The newbuild LNG Post-Panamax
Power cuts hit China factories and give container shipping another shock
TAIWAN : Factories in at least ten Chinese provinces have either cut output or closed temporarily this month, after government-imposed power cuts to curb carbon emissions. At least
Drewry introduces container carrier industry ‘maturity and risk’ dashboard
LONDON : To support growing investor and industry interest in the now extremely profitable container shipping sector, Drewry will introduce in its flagship, end-September edition of Container Forecaster
FIEO’s ‘Ease of Logistics’ Portal : A win-win situation for exporters and the ship
NEW DELHI : Spread of coronavirus had a major impact on global shipping which has led to supply chain disruption for Indian export sector as well. Realizing the
Existing FTP to be extended till March next: Piyush Goyal
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Monday said the existing foreign trade policy (FTP) will be extended till March 31 next year. The
CONCOR has not increased fares despite container shortage, says CMD
MUMBAI : India has taken steps to provide relief to the exporters facing global container shortages, including giving priority to containers basis the efficiency of the movement. V
Deendayal Port sets a new milestone by handling longest ever Capesize Vessel
GANDHIDHAM : Large Capesize vessel of LOA 292 M handled for the first time at berth in history of Deendayal Port. This has broken the last record of
