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September 8, 2021

Xiaomi gave clarification on increasing the price of mobile phones, blamed the supply chain problems, increased shipping costs

Logistics, Trending News
BENGALURU : Xiaomi has come out clean for the price hike of all its mobile phones including its popular smartphone Redmi Note 10 during the last few weeks. The company says that it has had
September 8, 2021

China’s trade accelerates in August despite coronavirus

Trade, Trending News
China’s import and export growth accelerated in August despite disruptions due to the spread of the coronavirus’s delta variant. Exports rose 25.6% over a year earlier to $294.3 billion, up from July’s 18.9% growth,
September 8, 2021

China Ningbo Containerized Freight Index up 8.6 pct in August

Foreign Ports, Trending News
The China Ningbo Containerized Freight Index (NCFI), a wind vane of China’s busiest port’s freight rates for the international container shipping market, stood at 3,862.6 points in August, up 8.6 percent compared with the
September 8, 2021

World’s 1st LNG-powered VLCC kicks off sea trials

LNG, Trending News
The world’s first liquefied natural gas (LNG)-fuelled very large crude carrier (VLCC) has commenced its sea trials in Chinese waters, after completing the construction phase. The 318,000 dwt vessel was built by Dalian Shipbuilding
September 8, 2021

Scan Global Logistics acquires New Zealand freight forwarder Orbis Global Logistics

Logistics, Trending News
Scan Global Logistics (SGL) has signed an agreement to acquire New Zealand Freight Forwarder Orbis Global Logistics Limited. Orbis will become the newest member of the SGL family on 5 October.  SGL and Orbis
September 8, 2021

K Line agrees with Gyxis on new LPG/LAG carrier time charter

Shipping Line, Trending News
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has reached an agreement with LPG importer Gyxis to enter into a time charter contract based on a new LPG-fueled VLGC for LPG/ammonia transport. The 86,700
September 8, 2021

Bureau Veritas issues new Guidelines for the Carriage of Containers in Bulk Carriers

International Shipping, Trending News
Bureau Veritas (BV), a world leader in testing, inspection, and certification (TIC), has developed a formalized approach to support the safe carriage of containers in bulk carriers. BV’s Guidance for Studying and Preparing a
September 8, 2021

FMC Commissioner ‘Troubled’ by reports of Ocean Carriers refusing Hazardous Import Cargoes

International Shipping, Trending News
WASHINGTON : The Federal Maritime Commission (FMC) in the United States has been alerted to reports that ocean carriers are refusing import cargoes of hazardous materials, to the harm of chemical supply chains for
September 8, 2021

ZES to transport Heineken beers through interchangeable energy containers

Transport, Trending News
Zero Emission Services (ZES) will deploy the inland vessel Aplhenaar to transport Heineken beers between Alphen aan den Rijn and Moerdijk, through containers run in batteries. Aplhenaar is the first ship in the Netherlands
September 8, 2021

CMA CGM extends lease at Kaohsiung terminal until 2040

Shipping Line, Trending News
MERSEILLES : The French shipping group CMA CGM has started its terminal operations at the Taiwanese port of Kaohsiung on 1 September, after its 20-year terminal lease extension agreement with Taiwan International Ports Corporation.
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