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October 9, 2021

P L Haranadh takes over as Chairman of Paradip Port Trust

Ports, Trending News
PARADIP : Shri P.L. Haranadh took over the post of Chairman of Paradip Port Trust (PPT) on Thursday. An IRTS officer of 1994 batch, he has studied MSc & Ph.D. from Indian Agricultural Research Institute, Pusa,
October 9, 2021

Tata Sons wins Air India bid for Rs 18,000 cr

Trade, Trending News
MUMBAI : Tata Group chairman emeritus Ratan N Tata on Friday welcomed back his treasured Air India to the salt-to-software conglomerate after 68 years as the Union government announced the company as winning bidder for the
October 9, 2021

APM Terminals to appoint Birna Ósk Einarsdóttir as new Chief Commercial Officer

Terminal, Trending News
Birna Ósk Einarsdóttir will join the APM Terminals Senior Management Team as Chief Commercial Officer (CCO) and be based in The Hague starting in January 2022. SINGAPORE : An experienced leader with background in
October 9, 2021

PSA Singapore Receives Environmental Award

International Shipping, Trending News
SINGAPORE : PSA Singapore has received Singapore’s President’s Award for the Environment for its significant efforts towards reducing carbon emissions in its operations through electrification and use of cleaner fuels, improving energy management, and
October 9, 2021

OOCL’s Q3 revenues exceed US$4.3 billion

Shipping Line, Trending News
HONG KONG : COSCO-owned Orient Overseas Container Line (OOCL) has registered strong gains in the financial sector for the third quarter of the year. In particular, the overall average revenue per TEU marked a
October 9, 2021

Maersk to Test Air Lubrication Technology on Boxship

International Shipping, Trending News
Maersk has become the latest large shipping company to plan a trial using air lubrication as a tool to help improve vessel efficiency and reduce emissions. An established technology that has been deployed in
October 9, 2021

MSC and Chinese Research Institute ink decarbonisation agreement

International Shipping, Trending News
GENEVA : MSC, the second-largest shipping line in the world and the China Waterborne Transport Research Institute, an agency under China’s Ministry of Transport, have signed a Memorandum of Understanding (MoU) agreement to develop
October 9, 2021

MOL’s unique business ‘Wave Power Project’ to Contribute to Society and the Environment in Mauritius selected for METI subsidy programs

Shipping Line, Trending News
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL) President & CEO, Mr. Takeshi Hashimoto announced that its proposed Wave Power Project in Mauritius was selected for Ministry of Economy, Trade and Industry (METI) subsidy programs.
October 9, 2021

GEODIS collaborates with Bastian Solutions on major AutoStore deployment

Logistics, Trending News
Global transport and logistics provider GEODIS announced a partnership with Bastian Solutions to implement an AutoStore system into a new fulfillment site for a leading clothing retailer. The $48 million material handling equipment deal will deliver the highest
October 9, 2021

Hapag Lloyd extends contract of COO Dr Maximilian Rothkopf

International Shipping, Trending News
HAMBURG : The Supervisory Board of Hapag-Lloyd AG has extended the contract of Dr Maximilian Rothkopf, its Chief Operating Officer, by five years, until 30 April 2027. Rothkopf was appointed to the Executive Board
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