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December 1, 2021

DP World reiterates commitment to invest $1 billion in Bangladesh

Maritime, Trending News
Dubai-based multinational logistics company DP World will invest $1 billion in Bangladesh’s supply chain infrastructure, including ports, rail network and inland container terminals. The investment will be made under the government-to-government agreement signed in
December 1, 2021

Shipping Giants suspend bookings due to China’s strict port quarantine

International Shipping, Trending News
Global shipping giants have told customers they are temporarily halting some bookings due to a suspension of service by feeder operators in southern China Analysts say weeks-long suspension of services is likely to have
December 1, 2021

Amazon is trying to fix supply chain woes with chartered ships & cargo jets

Logistics, Trending News
SEATTLE : Most cargo ships putting into the port of Everett, Washington, brim with cement and lumber. So when the Olive Bay docked in early November, it was clear this was no ordinary shipment.
December 1, 2021

Adani Ports : Exclusion from MSCI climate change indices disappointing ,Adani Group Clarifies MSCI Action On Climate Change Indices

Ports, Trending News
MUMBAI : The decision of MSCI to drop Adani Ports and Special Economic Zone Ltd (APSEZ) from some of its climate change indices due to environmental concerns is disappointing, APSEZ said in a statement
December 1, 2021

DB Schenker’s new CEO of Greater China Cluster is Vishal Sharma

Logistics, Trending News
MUMBAI : From today December 1, 2021, Vishal Sharma will assume the role of CEO of the Greater China Cluster for DB Schenker. Vishal has led the Indian Subcontinent Cluster very successfully since joining
December 1, 2021

Sea Plane Facility at Sabarmati River

Maritime, Trending News
AHMEDABAD : Under Regional Connectivity scheme (RCS)– UDAN( Ude Desh Ka Aam Nagrik), the seaplane service between Sabarmati River Front & Statue of Unity commenced on 31st October , 2020. Later ,the same was stopped
December 1, 2021

X-Press Feeders orders 16 dual-fuel ships

Shipping, Trending News
SINGAPORE : X-Press Feeders, the world’s largest independent common carrier based in Singapore, has placed an order for sixteen dual-fuel 1,170 TEU containerships. The ships will be built by China’s New Dayang Shipbuilding Co.
December 1, 2021

Freight cost between China, US likely to hit new high amid Omicron breakout

Logistics, Trending News
NEW YORK : The unknowns of the new Omicron variant could exacerbate the US port logjam and push freight costs from China to the US’ West Coast to a new high, a veteran industry
December 1, 2021

COSCO signs Tianjin Container Terminal acquisition deal

International Shipping, Trending News
SHANGHAI : COSCO SHIPPING Ports (Tianjin) and China Shipping Terminal Development Co. (CSTD) have signed the Tianjin Container Terminal (TCT) joint venture agreement and the articles of the association with Tianjin Port Holdings Co. and
December 1, 2021

Bankrupt Tianjin Xingang Heavy Industry reborn as CSSC (Tianjin) Shipbuilding

Ship Building, Trending News
Debt-laden Tianjin Xingang Heavy Industry has been restructured as CSSC (Tianjin) Shipbuilding following a takeover by Dalian Shipbuilding Industry Co (DSIC). Restructured DSIC, CSSC (Tianjin) Shipbuilding has been inaugurated at Tianjin Lingang economy zone. Tianjin Xingang shut down in
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