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July 19, 2021

IoT-enabled logistics will drive business growth in India

Logistics, Trending News
In today’s interconnected world, the internet of things (IoT) presents an array of opportunities for various industries. With customers demanding real-time updates on the status of shipments, and businesses looking for assurance that their
July 19, 2021

India-SL synergies vital to control future volume growth in huge container ships

Shipping, Trending News
Synergies between India and Sri Lanka are vital to handle a future growth in Ultra Large Container Ships in the Indian subcontinent, Sri Lanka Ports Authority chairman Capt. Nihal Keppetipola said. This was stated
July 19, 2021

Seaspan completes upsized US$750 million offering of blue transition bonds

International Shipping, Trending News
Canadian container ship owner and operator, Seaspan Corporation has successfully closed its previously announced issuance of US$750 million in senior unsecured notes, upsized from the original offering size of US$500 million. The Notes will
July 17, 2021

Special train with 180 shipping containers from Mundra Port to arrive in Rajasthan

Railway, Trending News
JAIPUR : In view of shortage of containers in Rajasthan amidst the pandemic, a special train carrying 180 shipping containers from Mundra Port in Gujarat will arrive here on Saturday. This is for the
July 17, 2021

European carriers Hapag Lloyd and CMA CGM to increase rates from Asia

Shipping, Trending News
The European shipping companies Hapag Lloyd and CMA CGM have announced new charges from several Asia regions to various destinations worldwide, which will take effect from late July and August. Firstly, Hapag-Lloyd will implement
July 17, 2021

Port of Antwerp to expand container capacity by european funding

Foreign Ports, Trending News
BELGIUM : As container flows are continuously been increased at the Port of Antwerp, the European funding programme Connecting Europe Facility (CEF) will support the expansion of its capacity. By an award-funding of almost
July 17, 2021

Saudi Global Ports commences upgrading of Container Terminals at King Abdulaziz Port Dammam

Foreign Ports, Trending News
DAMMAM : In a significant milestone, Saudi Global Ports (SGP) – a subsidiary of PSA International – commenced the first phase of its upgrading and development programme at First and Second Container Terminals in King Abdulaziz
July 17, 2021

MSC and Shell start shipping decarbonisation partnership

International Shipping, Trending News
GENEVA : Mediterranean Shipping Company (MSC) and Shell International Petroleum Company Limited (Shell) have announced a long-term collaboration over the decarbonisation in the global shipping sector. The long-term memorandum of understanding (MoU) will help
July 17, 2021

Gujarat Govt offers ₹150-cr incentive for SMP Exports

EXPORT, Trending News
AHMEDABAD : Gujarat Government on Friday announced financial support for the dairy cooperatives in the State to export skimmed milk powder (SMP). The subsidy support is fixed at ₹50 per kg of SMP with
July 17, 2021

COSCO invests US$1.5 billion in ten new vessels

Shipping, Trending News
COSCO Ship Holdings (CSH) has ordered ten ships, comprising six 14,092TEU vessels and four 16,180TEU ships from affiliate COSCO Shipping Heavy Industry (Yangzhou). The 14,092TEU ships cost US$146 million and are scheduled for delivery
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