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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
July 17, 2021

Government Of India Entrusts EXG For Transportation Of Oxygen Cylinders

Logistics, Trending News
Express Global Logistics (EXG), representing India in the Project Logistics Alliance, executed a project to import 300 oxygen cylinders from China for the Government of India. The shipment comprised a total volume of 108 MT
July 17, 2021

Ever Given to omit Hamburg Port call due to “safety concerns”

Shipping, Trending News
The containership Ever Given, which left Egyptian waters , will not make its usual Hamburg port call “because of concerns surrounding navigation safety,” ship’s operator Evergreen revealed in a statement. As informed, the cargo planned to be
July 17, 2021

MOL establish chief country representative of the Netherlands- Aiming to enhance ties within MOL Group

Shipping Line, Trending News
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced to establish “Chief Country Representative of the Netherlands” under the “Chief Executive Representatives of Europe, Africa“, effective July 16, 2021.
July 17, 2021

An update on the flood in Western Europe and disruptions for freight transportation

Logistics, Trending News
Over the last few days, several parts of Germany, the Netherlands, Switzerland and Belgium have been flooded due to heavy rainfall. Many homes and streets were affected as well as buildings in Germany collapsed.
July 17, 2021

Reliance Retail acquires majority stake in Just Dial for Rs 3,497 cr

Trade, Trending News
MUMBAI ; Internet technology B2B company Just Dial said its board has approved raising up to ₹2,164.8 crore through issuance of shares on a preferential basis to RRVL Mukesh Ambani’s telecom to petrochemicals conglomerate, Reliance
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