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July 30, 2021

MSC to surpass Maersk as the world’s largest container line

International Shipping, Trending News
GENEVA : The latest decision of CMB Financial Leasing (CMBFL) to buy two 16,000TEU vessels from Guangzhou Shipyard International (GSI) for long-term lease to Mediterranean Shipping Company (MSC) once again got the market buzzing
July 30, 2021

Concor Q1 net profit jumps multi-fold to Rs 251 crore

Trade, Trending News
NEW DELHI : State-owned Container Corporation of India Ltd (Concor) on Thursday reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30. The company
July 30, 2021

INSTC-Port of Antwerp: a formidable future logistics solution for India-EU cargo flows

Foreign Ports, Trending News
MUMBAI : I find it extremely interesting to monitor new cargo transit developments across the world and analyze its impact on Antwerp Port as a gateway to Europe. A recent one that I was
July 30, 2021

MoPSW informed expenditure on NW1 Development Project

Transport, Trending News
NEW DELHI : Studies related to environmental social impact evaluation and market development strategy have been conducted for National Waterway-1. These include Environment & Social Impact Assessment (ESA) and formulation of Environment Management Plan (EMP)
July 30, 2021

Ever Given that blocked Suez Canal finally reaches Rotterdam

International Shipping, Trending News
ROTTERDAM : The huge container ship that blocked the Suez Canal for nearly a week earlier this year finally reached the port of Rotterdam in the Netherlands on Thursday to begin unloading its cargo.
July 30, 2021

IWAI is making all efforts to complete the ongoing development of Inland Navigation projects

Maritime, Trending News
NEW DELHI : National Waterway-1 (NW-1) (Ganga-Bhagirathi-Hooghly river system from Allahabad to Haldia), NW-2 (River Brahmaputra from Dhubri to Sadiya), NW-3 (West Coast Canal from Kottapuram to Kollam along with Udyogmandal and Champakara Canals)
July 30, 2021

The first development of an automatic container seal dispenser

Trending News, Container
HMM PSA New-port Terminal (HPNT) has developed Korea’s first automatic container seal dispenser. It has succeeded in developing this automatic seal dispenser after a year and a half of research and cooperation with LeTech,
July 30, 2021

DB Schenker sees uptrends in second quarter

Logistics, Trending News
ESSEN : More passengers, more freight and higher revenues: Deutsche Bahn (DB) has seen a noticeable uptrend as of the second quarter of 2021. As Covid-19 restrictions were lifted in Germany, demand for long-distance
July 30, 2021

COVID-19, viability issues & turf tussles stall govt’s mega plan for logistics parks

Logistics, Trending News
NEW DELHI : The government’s plan to set up 35 Multi-Modal Logistics Parks (MMLP) across the country to reduce logistics costs is facing numerous hurdles, and barely four of the proposed projects have been
July 30, 2021

Chittagong Port can be a transshipment hub for Northeast India

Ports, Trending News
DHAKA : Chittagong seaport can become a transhipment hub for India as it will reduce both transit time and cost of cargo movement between the rest of India and its North Eastern Region (NER),
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