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September 29, 2021

P L Haranadh (IRTS) appoints as new Chairman of Paradip Port Trust

Ports, Trending News
BHUBANESHWAR : The Union Cabinet’s Appointments Committee has appointed Polamraju Lakshmi Haranadh, IRTS (1994) as the new Chairman of the Paradip Port Trust. The appointment has been done for a tenure up to his superannuation
September 29, 2021

Balmer Lawrie is planning to expand in Bengal

Logistics, Trending News
KOLKATA : Diversified public sector enterprise Balmer Lawrie plans to expand in Bengal. The company plans to scale up its warehousing capacity at its existing facility on Hyde Road in Calcutta. The miniratna PSU
September 29, 2021

Allcargo is considering selling stake in ECU Worldwide unit

Logistics, Trending News
MUMBAI : Allcargo Logistics Ltd. considers selling a stake in its container shipping firm ECU Worldwide. ECU Worldwide is a prominent international cargo and air freight logistics company present in around 180 countries with
September 29, 2021

Hapag-Lloyd Invests in Container and Rail Terminals at JadeWeserPort

Foreign Ports, Trending News
HAMBURG : Hapag-Lloyd, German liner company is going to invest in JadeWeserPort Wilhelmshaven, Germany’s largest harbor project and only deep-water container port. Hapag-Lloyd will acquire a 30% stake in Container Terminal Wilhelmshaven (CTW) and
September 29, 2021

Cosco Shipping Lines upgrades its reefer fleet

International Shipping, Trending News
TAIWAN : Cosco Shipping Lines has enhanced its refrigerated cargo fleet with active controlled-atmosphere (CA) systems, named EverFresh, which are provided by Carrier Transicold. The high-performing systems enable perishable shipments to travel further while
September 29, 2021

Seaspan confirms order of ten 7,000 TEU boxships

International Shipping, Trending News
The Canadian vessel owner and operator, Seaspan Corporation has entered into an agreement with a major shipyard for ten 7,000TEU scrubber-fitted new container ships. The newbuild LNG Post-Panamax vessels are anticipated to be delivered
September 29, 2021

Power cuts hit China factories and give container shipping another shock

Trending News, Foreign Ports
TAIWAN : Factories in at least ten Chinese provinces have either cut output or closed temporarily this month, after government-imposed power cuts to curb carbon emissions. At least 10 publicly listed companies told the
September 29, 2021

Drewry introduces container carrier industry ‘maturity and risk’ dashboard

Logistics, Trending News
LONDON : To support growing investor and industry interest in the now extremely profitable container shipping sector, Drewry will introduce in its flagship, end-September edition of Container Forecaster a new ’Container Carrier Industry Maturity
September 28, 2021

FIEO’s ‘Ease of Logistics’ Portal : A win-win situation for exporters and the shipping lines

EXPORT, Trending News
NEW DELHI : Spread of coronavirus had a major impact on global shipping which has led to supply chain disruption for Indian export sector as well. Realizing the challenges faced by exporters due to
September 28, 2021

Existing FTP to be extended till March next: Piyush Goyal

Policy, Trending News
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Monday said the existing foreign trade policy (FTP) will be extended till March 31 next year. The government had earlier extended the FTP
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