SHENZHEN : CIMC Wetrans, logistics unit of China International Marine Containers (CIMC), has opening up its Asia headquarter in Singapore. The company has been expanding its overseas network in recent years and is able
HAIFA : Israeli box carrier ZIM and Hai An Transport and Stevedoring Joint-stock Company (HATS) have launched Lotus Link, a new joint venture to operate domestic and regional shipping services in Vietnam. ZIM and
SINGAPORE : Bolloré Logistics announces the appointment of new managers to reinforce its Energy and Projects (ExP) team in the Asia Pacific region. Through these appointments which combine high calibre external recruitments and internal
HONG KONG : The Hong Kong Govt has allocated HK$20m ($2.5m) in its 2023 – 24 budget to promote the high-end maritime service industry sector. In his budget speech Hong Kong Financial Secretary Paul
QUEBEC (CANADA) : The Port of Montreal has decided to spend over US$245 million (CA$335 million) in its new five-year investment strategy for infrastructure on Montreal Island. These investments are required to solidify the
ROTTERDAM : Container throughput fell by 5.5% at the port of Rotterdam in the previous year, reaching 14,455,000 TEUs. According to the Port of Rotterdam Authority, the main cause of the container volume decline
RIGA : A fire broke out in the engine room of the Dutch-flagged container ship Escape, while it was sailing in the Gulf of Riga in Latvia on 22 February. All the crew members
NEW DELHI : The Centre is aiming to increase the share of renewable energy to 60 per cent in the total power consumption of its major ports from a present share of less than 10 per cent, Union
The Multi-Modal Logistics Park is developed in partnership with Contrans Logistic Pvt. Ltd. It will offer state of the art warehouse facility to the trade. PIPAVAV : APM Terminals Pipavav is committed to strengthen
MUMBAI : Allcargo Logistics stated that it has entered into a securities purchase agreement (SPA) with BRE Asia Urban Holdings to acquire 90% equity share capital and optionally convertible debentures (OCDs) of Madanahatti Logistics