Hapag-Lloyd acquires NileDutch to expand Africa service
HAMBURG : German line Hapag-Lloyd has strengthened its position in the African market having sealed an agreement to acquire Dutch container shipping company NileDutch. With 10 liner services
Cotton export demand from China hits new high
NEW DELHI : Export demand for cotton, especially from China, has hit a new high, according to reports. Cotton prices have gained over 10 per cent so far
FIEO launches “Container Demand e-module” to address containers unavailability
NEW DELHI : To facilitate assessment of containers requirement as well its fulfilment, FIEO has developed a first level marketplace wherein exporters can post their container demands online.
Cosco Shipping launches blockchain solution for China inland ports
The two parties officially launched the digitalised contactless imports pickup solution based on blockchain technology at Wuhu port, Anhui province. Following the coastal ports including Shanghai, Xiamen, Qingdao,
ONE launching new East Africa – Asia service
MOMBASA : ONE is the global container shipping company, headquartered in Singapore, launching new East Africa – Asia service. The new EAF service connects Kenya and Tanzania with
22 MoUs signed worth Rs 14,000 crore under ‘Make in India’ scheme: DCIL
NEW DELHI : Dredging Corporation has been signing a lot of MoUs under the ‘Aatmanirbhar’ scheme. GYV Victor, MD of the company said that they have signed 22
Concor lines up discount to tackle container shortage
NEW DELHI : In an effort to address the shortage of containers that is affecting exporters, the state-run Container Corporation of India (Concor) will offer a 50 percent
Adani adds Colombo to yield synergies in India transshipment movement
Adani Group has extended its port-terminal investment spree to Sri Lanka with an agreement to build and operate Colombo’s West Container Terminal (WCT), a third facility under the
CMA CGM ,French shipping group ‘calls off’ plan to sell stake in Mundra terminal to Chinese firm
Move comes after govt declines consent French shipping group CMA CGM is said to have dropped plans to sell the 50 per cent stake held by its unit
DP World completes the first 10,000 moves in the BoxPay system
DP World, in cooperation in a joint venture called the BoxPay System, with the German SMS Group, which specializes in industrial engineering, announced the completion of the first