NEW DELHI : The commerce ministry will work with the express delivery sector (EDS) to improve trade numbers and address the concerns of the industry, Mr.R S Subramanian, Vice Chairman, Express Industry Council of
DUBAI : DP World announced the appointment of Ashwani Nath as its Chief Commercial Officer for Logistics in the subcontinent. Nath will lead the commercial organisation and prioritise growth initiatives for all logistics businesses,
KOCHI : Come May, terminal handling charges at the International Container Transshipment Terminal (ICTT), Vallarpadam, are set to increase. The terminal operator, DP World, has effected a 7.27 per cent hike for some services,
GENEVA : Mediterranean Shipping Co. (MSC) has further consolidated its Indian Ocean Service network with a new regional string out of Cochin Port. The weekly routing, branded as the “Malabar,” connects all major ports
BEIJING : COSCO Shipping Development (CSD), the holding company for Dong Fang International Container, the world’s second-largest container manufacturer, said that net profit fell 35% year-on-year to US$568.57 million in 2022. Container sales fell
SINGAPORE : Ocean Network Express (ONE) has launched the ONE Eco Calculator, which will measure CO2 emissions from its vessels. The tool is one of the company’s first steps towards net zero energy. The
BAGHDAD : Milaha recently introduced a new direct Upper Gulf Service (UGX) to transport cargo to Umm Qasr in southern Iraq, in order to provide and transfer materials and commodities between Iraq and the
ROME : PSA Italy has announced the launch of the Stuttgart Express Rail Service, which will connect PSA Genova Pra’ Terminal with Stuttgart in Southern Germany twice weekly. The service will run for the
TEHRAN : Iran plans to build a new port in the county of Bandar-e Lengeh on the Persian Gulf coast in Hormozgan Province, the director of the province’s Ports and Maritime Organization, Mojtaba Salari,
ROTTERDAM : The Port of Rotterdam Authority has increased its share in Rotterdam Shore Power (RSP), a joint venture between Eneco and the Port Authority, from 20% to 50%. The partners, who now have