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April 5, 2024

Hapag-Lloyd introduces new JDX Shipping Service to enhance connectivity between Saudi and African Ports

Trending News, Export - Import, International Shipping, Logistics, Shipping Line, Trade
RIYADH : Maritime connectivity between Saudi and African Ports is set to improve with the introduction of a new shipping service by German container transportation firm Hapag-Lloyd.  The new route, called JDX, will connect
April 5, 2024

Panama Canal drought could threaten global supply chain : S&P

International Shipping, Foreign Ports, Logistics, Maritime, Trade, Trending News
MEXICO CITY : The severe drought which has forced the Panama Canal, one of the world’s busiest trade passages, to limit daily crossings could impact global supply chains during a period of high demand,
April 5, 2024

Hualien Port operations suspended after Taiwan Earthquake

Maritime, Foreign Ports, International Shipping, Trending News
TAIWAN : On Wednesday at 07:58 hours, a 7.2 magnitude earthquake struck near Hualien, Taiwan, with the epicentre 15.5 kilometers from the county. This is Taiwan’s largest earthquake in 25 years, with ten casualties
April 5, 2024

DP World achieves 66% increase in freight moving from Road to Rail at its Southampton Hub

Logistics, Global Trade, International Shipping, Railway, Trade, Transport, Trending News
LONDON : DP World has achieved a significant increase in the share of freight being transported by rail from its Southampton logistics hub. The Modal Shift Programme trial, introduced last September, is designed to
April 5, 2024

GEODIS invests in New Container Freight Station in Singapore

EXPORT, CFS, International Shipping, Logistics, Shipping Line, Trade, Trending News
SINGAPORE : Enabling customers to streamline their supply chains by offering consolidation and access to a range of multi-modal options of sea, air and/or road transportation amidst ongoing supply chain disruptions. GEODIS, a global
April 5, 2024

Demand shocks drive ship recycling to lowest level in 20 years : BIMCO

International Shipping, Maritime, Ship Recycling, Trending News
COPENHAGEN : “Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of strong demand following a series of market
April 5, 2024

ClassNK issues type approval certificate for lithium-ion storage battery system developed by Corvus Energy

International Shipping, Maritime, Ship Building, Shipping Line, Trending News
TOKYO : ClassNK has issued a type approval certificate*1 for the lithium-ion storage battery system “ORCA Energy” developed by Corvus Energy. Recently, the utilization of lithium-ion storage batteries as ship’s main sources of electrical power has
April 5, 2024

ClassNK facilitates transition to zero-emission with energy efficiency improvement, alternative fuels, onboard CCS  

Maritime, Shipping, Trending News
TOKYO : ClassNK has extended its services to support concrete actions by customers towards a smooth transition to shipping zero-emission. With the revision of IMO’s GHG emissions reduction targets and the introduction of the EU
April 5, 2024

VIKING puts professional-grade firefighting expertise to work on seafarer safety

International Shipping, Maritime, Shipping, Trending News
BASEL : VIKING Life-saving Equipment has drawn on its experience as a leading supplier of professional-grade structural firefighting equipment to ensure that seafarers can have the same level of fire suit protection as their
April 4, 2024

Chennai and Kamarajar Ports cross ₹1,000 crore operating income in FY 2023-24

Ports, Export - Import, Logistics, Shipping, Trade, Trending News
CHENNAI : Chennai Port Authority (CPA) and its subsidiary, Kamarajar Port Ltd (KPL) in Ennore, North Chennai, crossed ₹1,000 crore (each) in operating income in a financial year in 2023-24, For the first time.
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