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
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
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.
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
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
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
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.
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
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
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