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August 11, 2021

India-led UNSC meet snubs China, backs Law of Sea convention

Maritime, Trending News
NEW DELHI : Overcoming resistance from China, an unprecedented India-led UN Security Council session highlighted the primacy of the UNCLOS (United Nations Convention on the Law of the Sea) which “sets out the legal
August 11, 2021

MSC revises Middle East, Indian Subcontinent – USEC network

International Shipping, Trending News
SINGAPORE : Mediterranean Shipping Company (MSC) has announced the enhancement of its Middle East, Indian Subcontinent & US East Coast network, which now includes three distinct services. The Swiss container line has revised the
August 11, 2021

Cargo volumes at dozen major ports grew by 21.71% during April-July to 235.635 million tonnes

Trending News, Ports
MUMBAI : Cargo handled at India’s dozen state-owned major ports rose 21.71 per cent during the April-July period to 235.635 million tonnes (mt) from 193.606 mt a year ago. The 12 major ports handled
August 11, 2021

Exporters worried over spike in freight and container charges

EXPORT, Trending News
NEW DELHI : Exporters are worried that a spike in freight and container charges will hit shipments as it will make Indian goods costly and erode their competitive advantage. “The industry is worried that
August 11, 2021

DB Schenker warns container lines against entering logistics

Logistics, Trending News
ESSEN : Maersk and CMA CGM both have declared ambitions of expanding in logistics. At German DB Schenker, COO, Mr. Thorsten Meincke warns container lines against this strategy. “If you’re a carrier, your focus
August 11, 2021

PSA Collaborates with RHT to Co-Create ESG Digital Assets Solutions

International Shipping, Trending News
PSA International has entered into a Memorandum of Understanding (MoU) with the RHT Group of Companies (RHT) to explore co-creation and investment in Environmental, Social, and Governance (ESG) digital assets solutions to further advance the goals
August 11, 2021

RITES bags biggest ever work order worth Rs 4,027 cr

Infrastructure, Trending News
NEW DELHI : Officials announced on Friday that RITES Limited, a prominent transport infrastructure consultancy and engineering firm, has received the Railway Ministry’s highest-ever work order for railway track construction, costing Rs 4,027 crore. This
August 11, 2021

THE Alliance cancels 12 sailings in August, double the blank sailings of 2M and Ocean Alliance

Shipping, Trending News
Over the next four weeks, The Alliance (Hapag-Lloyd, ONE, Yang Ming, HMM) has announced 12 cancellations, followed by 2M (Maersk, MSC) and Ocean Alliance (CMA CGM, COSCO, Evergreen) with four and two cancellations, respectively,
August 11, 2021

Maersk appoints new Chief People Officer

International Shipping, Trending News
COPENHAGEN : Maersk has appointed a new Chief People Officer, Susana Elvira, set to assume the position from September 1, reads an announcement from Maersk released on Monday. Elvira will take over from Ulf
August 11, 2021

ONE Collaborates with PARIS to Optimize a Greener Inland Supply Chain

International Shipping, Trending News
TOKYO : Ocean Network Express (ONE) Inland Operations and PARIS Optimal Transport Planning Solution (PARIS), a wholly owned subsidiary of Hutchison Port Holdings, have jointly announced a collaboration on an exciting new project in
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