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May 20, 2023

RVNL forms new joint venture “Indore MMLP Pvt Ltd” for construction of multi-modal logistics park in Indore

Logistics, Infrastructure, Trade, Trending News
NEW DELHI : State-owned Rail Vikas Nigam Limited in a regulatory filing on Thursday said that it has formed a joint venture named Indore MMLP Private Limited to construct multi-modal logistics park in Indore under the
May 20, 2023

ONE adds Hazira call to AIM Service

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : Ocean Network Express (ONE) announced that AIM weekly service will change its port rotation, by adding Hazira call. The new rotation will take effect as from Bea Schulte, arriving in Hazira on
May 20, 2023

India-Russia freight corridor linking gradually in process

Logistics, Transport, Trending News
NEW DELHI : International North–South Transport Corridor (INSTC) ,a project originally launched by Russia, Iran and India in 2002, is a 7,200 km-long multi-mode network of ship, rail, and road to move freight between
May 20, 2023

A missing link in India-Russia corridor

Trending News, COMMERCE, Export - Import, Logistics, Trade, Transport
NEW DELHI : More than the boost it will give to bilateral trade and cooperation, an agreement on connectivity that Iran and Russia signed recently is expected to provide a shot in the arm
May 20, 2023

MSC charts course for ammonia-powered containership with industry majors

International Shipping, Shipping Line, Trending News
GENEVA : The world’s largest container shipping company Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (Mou) with Lloyd’s Register (LR), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy
May 20, 2023

Maersk and Barry Callebaut enter into a long-term partnership with groundbreaking of a new cocoa bean warehouse in Malaysia

Trending News, Logistics, warehouse
PASIR GUDANG : A.P. Moller – Maersk (Maersk) and Barry Callebaut Group, the world leading manufacturer of high-quality chocolate and cocoa products, have entered into a long-term partnership to build and operate a new
May 20, 2023

ONE & Wan Hai Lines pay civil penalties worth US$2.65 million

International Shipping, Shipping Line, Trending News
SINGAPORE : Two ocean common carriers- 1) Ocean Network Express Ptd. Ltd. (ONE) and No 2)Wan Hai Lines (USA) Ltd entered into a compromise agreement with the FMC in April to resolve allegations it
May 20, 2023

Saudi Arabia’s Port of NEOM open for business

International Shipping, Business, Foreign Ports, Maritime, Trade, Trending News
RIYADH : The Port of NEOM, described as the primary seaport of entry to the northwest of Saudi Arabia and which now incorporates Duba Port, is up and running. Operations include a CMA CGM
May 20, 2023

Germany closes deal with COSCO on Hamburg Port Terminal

Trending News, Foreign Ports, Maritime
BERLIN : It became a controversial deal, when Germany has sold 25% of the Hamburg Port to the Chinese shipping company COSCO.  Chancellor Olaf Scholz’s three-party coalition government last month said that it was
May 20, 2023

Baltic index nears one-month low as vessel demand weakens

Trending News, International Shipping, Maritime, Shipping
LONDON : The Baltic Exchange’s main sea freight index fell for a sixth straight session on Thursday to its lowest level in almost a month, pressured by lower rates across all vessel segments. The
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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