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April 28, 2023

Hapag-Lloyd opens new office in Romania

International Shipping, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd opens a new office in Romania. Bordering five European countries and with direct access to the Black Sea, Romania is an attractive growth market for Hapag-Lloyd and takes up a strategic
April 28, 2023

COSCO Shipping Ports boosts first quarter profits with flat container volumes

International Shipping, Shipping Line, Trending News
SHANGHAI : Cosco Shipping Ports achieved a year-on-year increase of 11.2% in its gross profit for the first quarter of the year, reaching US$89.9 million. At the same time, the company’s Q1 revenue decreased by
April 28, 2023

Global Ports establishes its own container fleet

Container, International Shipping, Logistics, Ports, Shipping, Trending News
LONDON : Global Ports Group aims to create its own container fleet, consisting of 4,000 specialised boxes that will be used to transport, store and handle bulk cargo. With this equipment and in partnership
April 28, 2023

RightSTORE from RightShip brings unparalleled access to maritime data for all

Maritime, Shipping, Trending News
SINGAPORE : ESG-focused digital maritime platform, RightShip, announce RightSTORE, a self-service e-commerce platform providing access to RightShip data in accessible products. As part of its commitment to democratizing data for the maritime industry, RightSTORE will
April 28, 2023

Container ro-ro ships now hard to find

Shipping, International Shipping, Trending News
FRANCE : Container ro-ro ships, which carry containers, vehicles and other rolling cargos, are becoming a rarity due to the dearth of such vessel orders in recent years, according to Alphaliner’s latest report, released
April 27, 2023

Nitin Gadkari lays down roadmap to lower logistics cost

Logistics, Trending News
NEW DELHI : Speaking on the second day of the Republic Summit, Union Minister of Road, Transport, and Highways, Shri Nitin Gadkari, stressed the need to reduce the logistics cost in a bid to
April 27, 2023

APSEZ customs receipts top Rs 80,000 cr

Ports, Customs, Trending News
AHMEDABAD : Handling about a quarter of India’s port cargo and generating customs receipts worth over ₹80,000 crore for the government, Adani Ports and Special Economic Zone (APSEZ) has a lot riding on it and are
April 27, 2023

DP World launches Mundra Port-Ahmedabad Inland Terminal Double-stack cargo train service

Logistics, ICD, Ports, Railway, Trade, Transport, Trending News
AHMEDABAD : Global logistics major DP World on Tuesday said it has launched double-stack train services from Mundra port to its Ahmedabad inland terminal in Gujarat. “The double-stack train service will further boost the
April 27, 2023

Fin-Min approves Navratna status to RVNL

Railway, Trade, Trending News
NEW DELHI : Finance Minister Smt Nirmala Sitharaman has approved the upgradation of RVNL( Rail Vikas Nigam Limited) to Navratna CPSE. RVNL will be the 13th Navratna amongst the CPSEs,” Department of Public Enterprises
April 27, 2023

Industrial & logistics sector leasing rises 26% YoY to 8 million sqft in January-March : CBRE

Logistics, Infrastructure, Trade, Trending News
NEW DELHI : Industrial & Logistics (I&L) sector leasing grew 26% year-on-year (YoY) to 8 million square feet (msf) in January-March 2023, while supply rose 28% YoY to 7.6 mn sq ft, according to
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