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September 6, 2021

Rs 400 cr Multi-modal Logistic Hub to come up in Betma, Madhya Pradesh

Logistics, Trending News
INDORE : A Rs 400 cr multi-modal logistic hub is likely to come up near Betma, which will give a massive boost to trade and commerce in the region. The logistic hub was given
September 6, 2021

Stunning India pavilion at Expo 2020 Dubai will leave ‘permanent footprint’ in UAE

Trade, Trending News
DUBAI : The India pavilion at Expo 2020 Dubai has been completed with officials describing it as a “permanent footprint” and testament to close ties with the UAE. The $70 million (Dh257 million) pavilion has received
September 6, 2021

Carriage of containers on vessels not specifically designed for the purpose

Shipping, Trending News
PIRAEUS : The shipping industry is currently witnessing an exceptional boom in the container trade, and due to the increasing demand, some freight forwarders and other parties are exploring unconventional methods to accomplish their
September 6, 2021

MSC implements fresh charges in Europe

Trending News, Shipping Line
GENEVA : The Swiss shipping company MSC will apply fresh surcharges to several European ports “due to the strong demand of containers and consequent difficulties to supply needed equipment”, taking effect in September and
September 6, 2021

Hapag Lloyd announces heavy lift charges worldwide

International Shipping, Trending News
HAMBURG : The German carrier Hapag Lloyd has introduced several heavy lift charges (HLC) in shipments worldwide for containers exceeding a specific amount of tones. Firstly, the shipping company will set an HLC of
September 6, 2021

DP World to consider a role in Russia’s ‘Northern Sea Route’ ambitions

Trending News, Maritime
DUBAI : Dubai’s ports and free zone operator DP World is turning its attention on Russia, having signed an agreement to “study” the feasibility for a new container berth in the Far East of
September 6, 2021

China-owned ports report Rs 1b dividend to Sri Lanka Ports Authority

Maritime, Trending News
SHANGHAI : China Merchants Port Holdings (CMPH) has declared a dividend of Rs. 1.05 billion to the Sri Lanka Port Authority (SLPA), while announcing in the past week that its first half net profit
September 6, 2021

CIMC’s first half container sales up 220%

Trending News, International Shipping
SHANGHAI : China International Marine Containers (CIMC), the world’s largest container manufacturer, achieved a net profit of US$654.49 million in the first six months of 2021, as the shortage of containers powered sales. Sales
September 6, 2021

World Conservation Congress in Marseille: the CMA CGM Group committed to the climate and biodiversity

Shipping Line, Trending News
As a partner of the Congress, CMA CGM will compensate 100% of carbon emissions from the congress held in Marseille from September 3 to 11, 2021 and will invest in offset projects in France
September 6, 2021

Shipbuilding group to develop large scale liquid CO2 carriers

Ship Building, Trending News
The agreement was signed at POSCO Centre in Seoul by Hyundai Mipo Dockyard, Lloyd Register, Korean Shipbuilding & Offshore Engineeing, the Liberian Registry and POSCO. Through this MoU, POSCO will develop new steel materials and relevant
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