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August 4, 2021

Maersk reports record Q2 results, expects even better Q3

Shipping Line, Trending News
COPENHAGEN : A.P Moller Maersk has reported unaudited revenue of US$14.2 billion, earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$5.1 billion and earning before interest and taxes (EBIT) of US$4.1 billion for
August 4, 2021

PM Modi launches digital payment solution e-RUPI

Technology, Trending News
eRUPI voucher will help everyone in targeted, transparent and leakage free delivery, said Narendra Modi NEW DELHI : Prime Minister Shri Narendra Modi launched digital payment solution e-RUPI, a person and purpose specific cashless
August 4, 2021

172 projects worth over Rs 88,000 crore completed under Sagarmala programme

Maritime, Trending News
NEW DELHI : Under the Sagarmala Programme, 172 projects worth Rs 88,235 crore have been completed, and 235 projects worth Rs 2.16 lakh crore are under implementation. Further, 395 projects worth Rs 2.48 Lakh
August 4, 2021

Adani forms holding firm in Singapore to invest in global ports

Ports, Trending News
MUMBAI : Adani Ports and Special Economic Zone Ltd (APSEZ) has set up a wholly owned holding company in Singapore to pursue potential port opportunities globally as India’s biggest private port operator seeks to
August 4, 2021

PSA Group launches inaugural Sustainability Report

Maritime, Trending News
SINGAPORE : PSA International Pte Ltd. has announced the launch of the first Sustainability Report 2020 to enhance its sustainability performance. The report named “Green Horizons: Enabling a Better World Through Sustainable Port and
August 4, 2021

Adani, Essar, queue up for govt’s Rs 2,500 cr-plan to develop ports

Ports, Trending News
MUMBAI : The government’s Rs 2,500 crore-plan to use private players to develop seven operational cargo berths run by state-owned ports has got a thumbs up from the industry. VO Chidambaranar Port Trust(VOC) and
August 4, 2021

CMA CGM to launch a new express shuttle service linking East Asia to Russian Far East

International Shipping, Trending News
MERSEILLES : CMA CGM – SSL Short Sea Lines Division has announced the launching of RUFEX 5, a new Short Sea Intra Far East weekly service, deployed between China / South Korea and Russian
August 4, 2021

Ocean Network Express digitally transforms its customer experience with Salesforce

Trending News, Shipping Line
SINGAPORE : Salesforce, the global leader in CRM, and Ocean Network Express (ONE), the 6th largest container carrier in the world, have on Tuesday, 3rd August announced the successful deployment of ONE’s new CRM
August 4, 2021

Seaspan may stretch 7,000TEU-ship haul to 15 vessels

International Shipping, Trending News
Seaspan Corporation could take its haul of 7,000TEU dual-fuelled container ships at Yangzijiang Shipbuilding to 15 vessels. The shipbuilder disclosed in a Singapore Exchange filing on 30 July that Seaspan has options for five
August 4, 2021

Exporters seek govt help amid global container crisis

EXPORT, Trending News
NEW DELHI : Exporters have called on the government to ask Indian shipping lines to lease containers for them as a worldwide supply chain imbalance has led to skyrocketing freight prices. The shortages are
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