India’s plan to become a leading Rail Freight force
As international rail freight superpowers grow, India should not be overlooked. The country is not a new rail freight market. However, it is an extensive and full of
Export target of $400-billion for current fiscal bit ambitious: FIEO
The foreign trade agreements (FTAs) will help in boosting shipments NEW DELHI : The $400-billion export target for the current fiscal is a bit ambitious but can be
Hapag-Lloyd opens new office in Ukraine
ODESSA: Hapag-Lloyd has announced the opening of a new office in Ukraine, a country in Europe located on the northern shores of the Black Sea and the Sea
NYK conducts trial use of Biofuel to advance Decarbonization
TOKYO : In June, NYK bulk carrier Frontier Jacaranda conducted a trial use of biofuel made from waste cooking oil collected and refined in Singapore. The test run
Box rates up 332% year-on-year, schedule reliability hits dire new lows
LONDON : Shippers might be paying 332% more per box that they were this time last year, according to the latest data from Drewry, yet they’re having to put
Baltic Index hits 11-Year High on gains across Segments
LONDON : Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak bolstered by firmer rates across
Port of Oakland increases FY 2022 budget
OAKLAND : The Oakland Board of Port Commissioners has approved a US$465.3 million fiscal year (FY) 2021-22 budget, which is increased by 7.6% from the budget of the
Kuehne+Nagel and IAG Cargo complete the first net zero carbon charter chain
Charter chain of 16 flights from Stuttgart to Atlanta Securing 1.2 million litres of Sustainable Aviation Fuel (SAF) with IAG Cargo Supporting automotive customers to avoid CO2 emissions
DCSA Launches Adopter Programme
AMSTERDAM : Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further digitalisation of container shipping technology standards, in conjunction with its nine member carriers, on Tuesday, 29th June 2021, launched the DCSA Adopter Programme, which enables solution and service providers to validate adoption
GRSE gets 24X7 AI enabled surveillance
Kolkata : Adopting the latest technology with respect to security of infrastructure and other assets, Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a Mini Ratna Category 1 Defence PSU