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August 7, 2021

Economy recovering at fast pace from recent lows of April, May: PHDCCI

Trade, Trending News
NEW DELHI : The economy is recovering at a fast pace from the recent lows of April and May on the back of declining new coronavirus cases, continued unlocking in various parts of the country and calibrated economic reforms announced
August 7, 2021

A.P. Moller – Maersk reports record earnings and continued growth momentum in logistics in Q2

Shipping Line, Trending News
COPENHAGEN : In the second quarter of 2021, A.P. Moller – Maersk continued to deliver strong growth and profitability, with record-breaking performance marking the 12th quarter of successive year-on-year earnings progress. Revenue grew 58
August 7, 2021

TS Lines books six boxships at Mawei Shipbuilding

International Shipping, Trending News
TAIWAN : Taiwanese feeder boxship operator TS Lines has added to its newbuilding orderbook, having placed an order at Fujian Mawei Shipbuilding for the construction of six 1,100 teu containerships. The 147.9 m long
August 7, 2021

OOCL becomes first carrier to launch a China – US east coast rail/sea service

International Shipping, Trending News
HONG KONG : Hong Kong liner OOCL today debuted a landmark new rail-sea service connecting China to the US east coast. The Cosco subsidiary’s new offering is a combination of the Chang An China-Europe
August 7, 2021

Container equipment prices double in the space of 12 months

Shipping, Trending News
Prices of dry freight shipping containers have doubled over the past year to reach historic highs but will moderate over the next few years, according to Drewry’s recently published Container Census & Leasing Annual
August 7, 2021

MSC rejects MCS Industries allegations

Shipping Line, Trending News
GENEVA : Mediterranean Shipping Company (MSC) has announced it is “shocked” to learn of the accusations made and the complaint filed by MCS Industries with the Federal Maritime Commission. MSC said it received “no formal complaint by
August 7, 2021

RÖHLIG Branch Manager achieves TOKYO 2020 OLYMPICS dream

Logistics, Trending News
 We all know that an ideal work-life balance can give professionals a break from the rigours of calls, meetings and deadlines. But what if your personal hobby catapults you onto the world stage? This
August 6, 2021

PM steps in to launch national mission to meet $400 billion export target

EXPORT, Trending News
NEW DELHI : Prime Minister Shri Narendra Modi on Friday will launch a national effort to achieve the target of $400 billion worth merchandise exports in the current fiscal. India has met nearly a third of its annual
August 6, 2021

JNPT inducts 9 Electric vehicles towards Green Port initiative

Ports, Trending News
JNPT becomes first Major Port to operationalise fleet of e-vehicle MUMBAI : Since its inception, Jawaharlal Nehru Port Trust (JNPT), one of India’s premier container handling Ports, has been working towards adopting sustainable solutions
August 6, 2021

VOC Port, the first Major Port to launch e-cars

Ports, Trending News
CHENNAI : The first batch of three e-cars were flagged off last evening at the VO Chidambaranar Port Trust .These Tata Xpres-T electric vehicles have been supplied by M/s. Energy Efficiency Services Limited (EESL),
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