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November 10, 2021

Chassis and carrier terminal ownership worsen US congestion

International Shipping, Trending News
Interlocking terminal-carrier ownerships coupled with cartel-like conditions in the container chassis market have emerged as prime suspects for the US supply chain crisis. “There is a sort of ‘wink and nod’ situation,” says a
November 10, 2021

NYK Receives Delivery of New VLCC Tateshina

International Shipping, Trending News
TOKYO : The very large crude oil carrier (VLCC) Tateshina, owned by NYK, was delivered recently. The vessel was built at Nantong COSCO KHI Engineering Co., Ltd. (NACKS) in China. By improving the shape
November 9, 2021

Government will aim to reduce logistics cost by 5% over next five years: Piyush Goyal

Logistics, Trending News
NEW DELHI : Minister of Commerce and Industry Piyush Goyal said on November 8 that the Centre is aiming to bring down logistics costs by five percent over the next five years with the
November 9, 2021

CM of Assam flags off 4 steel Cataraman vessels at Pandu Port,Guwahati

Ports, Trending News
GUWAHATI : Assam Chief Minister Himanta Biswa Sarma flagged off four steel catamaran vessels at Pandu Port in Guwahati . These vessels are launched under a World Bank funded project to transform quality of
November 9, 2021

Gujarat’s whopping infrastructure push promises to create corridors of growth and prosperity

Trending News, Logistics
AHMEDABAD : The Delhi-Mumbai Industrial Corridor, with a length of 1,700 km and a command area of 530,318 sq km, will impact seven states, with Gujarat getting the maximum advantage thanks to its large
November 9, 2021

Adani Group pays Rs 2440 Cr to AAI for possession of 6 Airports

Trade, Trending News
MUMBAI : Adani Group has made a one-time payment of 2,440 crore to the Airports Authority of India (AAI) for the six airports that the state-owned airport operator has transferred to the Ahmedabad-based company
November 9, 2021

Evergreen splashes out on 24,000TEU ships and more containers

Shipping, Trending News
Taiwanese liner operator Evergreen Marine Corporation has extended its spree on newbuildings and containers, as its profit continues to climb amid firming freight rates. On 5 November, Evergreen unveiled orders for a pair of
November 9, 2021

MSC to speak at FT Global Trade Summit on 11 November

International Shipping, Trending News
GENEVA : Amid an unprecedented year for global commerce and supply chains, this year’s Financial Times Trade Secrets Summit will engage government, policy-makers, finance and business in a vital dialogue on what’s next for trade and the opportunities for business.   MSC Mediterranean Shipping
November 9, 2021

Röhlig Logistics opens a new office in Dubai and expands its global network

Logistics, Trending News
BREMEN : Owner-managed logistics company Röhlig Logistics has expanded its network with the opening of an office in Dubai. Dr. Robert Gutsche, Chief Financial Officer at Röhlig Logistics explains: “Dubai represents a central hub
November 9, 2021

P&I Clubs go for double-digit increases as pool claims rise

Shipping, Trending News
The frequency of International Group of P&I Clubs’ (IG) pooled claims, which lie between $10m and $100m and are shared by its 13 member Clubs, is not rising, but the scale of individual claims
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