August 10, 2021
June 17, 2026
August 10, 2021
Express cargo clearance system launched in Jaipur
JAIPUR : The new facility of Express Cargo Clearance System (ECCS) was launched in Jaipur on Monday by chairman of Central Board of Indirect Taxes and Customs (CBIC). ECCS is a new facility being
August 10, 2021
Exports, FDI and startups fire on all cylinders to get Indian economy back on resilient track
NEW DELHI : Until February 2021, India had only ever had five months where goods exports had surpassed $30 billion. These five months were spread over the preceding decade. Since March 2021, India has
August 10, 2021
Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil
COPENHAGEN : A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: there isn’t enough used cooking oil to make the biofuel that powers the vessels. “The biofuel is sourced from used
August 10, 2021
Evergreen buys more containers, re-assigns fleet after profit spike
TAIWAN : Evergreen Marine Corporation announced that it will buy 10,000 containers from Dong Fang International Container (Hong Kong). The Taiwanese shipping group has been expanding its fleet of containers amid the well-documented equipment
August 10, 2021
K-Line installs carbon capture plant
A joint project, dubbed CC-Ocean (Carbon capture on the ocean), between major shipping players has seen the development and installation of the world’s first carbon dioxide (CO2) capture plant onboard a vessel. The plant
August 10, 2021
European Union approves decarbonisation projects
The European Union (EU) has given the green light for a US$138.86 (€118) million investment from the Innovation Fund to be allocated across 32 small projects, including a bio-LNG plant to produce marine fuel
August 10, 2021
Reefer container freight rates to outgun dry cargo rates in 2022
LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch up on North-South routes, according to
August 10, 2021
UAE launches initiative to protect seafarers’ rights and welfare
DUBAI : The initiative to improve the quality of life of seafarers in the UAE follows a recent Resolution on marine wrecks and non-compliant ships passed the Council of Ministers designed to put a
August 10, 2021