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October 12, 2023

OOCL welcomes six green eco-friendly 24,000 TEU giants

International Shipping, Shipping Line, Trade, Trending News
HONG KONG : Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) held the naming ceremony of a 24,188 TEU newbuilding at Dalian COSCO KHI Ship Engineering Co (DACKS) Shipyard. This mega containership
October 12, 2023

CMA CGM unveils “Port Liberty”

International Shipping, Container Terminal, Ports, Trending News
MARSEILLE : The CMA CGM Group has unveiled the investment and business strategy for its recently acquired Global Container Terminals (GCT) in Bayonne and New York Ports as part of the Group’s U.S. expansion plan. Effective immediately, the
October 12, 2023

Sustainability and profitability are not opposing forces in logistics

Logistics, Business, COMMERCE, Trade, Trending News
BENGALURU : The AI powered supply chain visibility platform GoComet organized a round-table event together supply chain leaders Tata Motors, Raychem, HR Johnson, Ashok Leyland, CEAT, Camlin, Godrej, Borosil, Indofil, NEC, Interport Global, Synthite
October 12, 2023

Ports & Terminals : Investor sentiment down

Ports, Container Terminal, Maritime, Trade, Trending News
LONDON : Sticky inflation and elevated interest rates had a detrimental impact on investor sentiment. In 3Q23, the S&P Index declined 3.6%, mirroring the broader concerns in the global market. Similarly, the Drewry Port
October 12, 2023

DNV awards AiP for Hanwha Ocean’s new 270K LNG carrier design

International Shipping, LNG, Maritime, Trending News
NORWAY : Classification society DNV presented Hanwha Ocean with an Approval in Principle (AiP) for an innovative 270,000cbm LNG carrier. The design maximizes cargo capacity while optimizing vessel performance. The new 345m long LNG
October 12, 2023

Rotterdam and Oslo Cities signs MoU for New Green Corridor

International Shipping, Logistics, Maritime, Trending News
ROTTERDAM : A Memorandum of Understanding (MoU) has been signed by the City of Rotterdam and the City of Oslo to create a new Green Corridor for short sea shipping that will be served
October 12, 2023

AkzoNobel and Silverstream Technologies release white paper to help ship owners cut fuel consumption and carbon emissions

International Shipping, Marine, Maritime, Shipping Line, Technology, Trending News
LONDON : Ship operators can reduce their fuel use and emissions output by using Silverstream Technologies’ air lubrication system (ALS) with AkzoNobel’s fouling control coatings, a new white paper has revealed. Marine industry experts
October 11, 2023

Blue economy playing big role in driving India’s growth story : Sonowal

Maritime, Ports, Shipping, Trending News
NEW DELHI : Union Minister of Ports, Shipping, and Waterways and AYUSH, Shri Sarbananda Sonowal, said the upcoming Global Maritime India Summit in Mumbai offers investment opportunities exceeding Rs 10 lakh crore and the
October 11, 2023

Vibrant Gujarat -Vibrant Kutch Celebration Summit

Ports, Business, COMMERCE, Trade, Trending News
GANDHIDHAM : After inaugurating the two-day Vibrant Gujarat-Vibrant Kutch Celebration Summit at Dr. Babasaheb Ambedkar Convention Centre, on 10.10.2023, the Hon’ble Minister Shri Jagdishbhai Vishwakarma alongwith Shri Praful Pansheriya, Chairman-DPA-Shri S.K.Mehta,IFS, Collector Kutch Shri
October 11, 2023

CONCOR gains on 26.13% growth in Q2 domestic volumes

Container, Logistics, Railway, Trending News
NEW DELHI : The Container Corporation of India (CONCOR) announced a 26.13 percent year-on-year growth in domestic volumes in the September quarter current financial year. According to a regulatory filing, the Container Corporation of India reported a
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