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July 12, 2021

Safesea Group gets approval to bid for Shipping Corporation of India

Shipping, Trending News
NEW DELHI : The Safesea Group has received the green signal to bid for Shipping Corporation of India (SCI), and will be given access to the company’s confidential financial data along with other bidders on Monday.
July 12, 2021

Geodis expands freight brokerage capacity with velocity acquisition

Logistics, Trending News
Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July The acquisition of Plano, Texas-based Velocity allows Geodis to expand its freight brokerage capabilities and
July 12, 2021

Singapore retains top spot as International Shipping Centre for 8th consecutive year

International Shipping, Trending News
SINGAPORE : Singapore kept its position as the world’s top shipping hub on the 2021 Xinhua-Baltic International Shipping Centre Development (ISCD) Index for the 8th consecutive year. The Republic was followed by London, Shanghai,
July 12, 2021

Yang Ming eyeing ULCV league with newbuildings

International Shipping, Trending News
Yang Ming is reportedly planning to join the current newbuilding “arms race”, as it seems to be involved in orders of new container ships, while the company’s last orders were back in 2018. The
July 12, 2021

New Fortress to Build Sri Lanka’s First LNG Terminal

Terminals, Trending News
Sri Lanka will receive its first natural gas terminal providing a source of fuel for the country’s power plants under a framework agreement signed with energy infrastructure company New Fortress Energy. The terminal which
July 12, 2021

Long Beach sees container volumes growth in June

Foreign Ports, Trending News
CALIFORNIA : The Port of Long Beach (POLB) has seen a growth of 20.3% in total container volumes of June, compared to the same month last year, handling 724,297TEU. In particular, imports increased by
July 12, 2021

Top technology trends Freight Forwarders can expect to see shortly

Trending News, Logistics
For decades, speedy innovations have been hard to come by for the freight forwarding industry that has always played a crucial role in the economy. But digital disruptions brought by newer players in recent
July 12, 2021

Skyrocketing Containership Rates Draw EU Scrutiny

Shipping, Trending News
By Aoife White (Bloomberg) Container shipping’s surging rates are getting scrutiny by the European Union, adding to a U.S. call for more competition among shipping alliances. The European Commission “is closely monitoring the shipping industry”
July 10, 2021

JNPT commences Trial Operations at its Newly Built Coastal Berth

Ports, Trending News
MUMBAI : Jawaharlal Nehru Port Trust (JNPT), one of India’s premier container handling ports, flagged a trial operation at the newly constructed coastal berth. The maiden trial run commenced with the handling of ‘ONGC
July 10, 2021

Logistics service providers urged to explore ‘India hub at Antwerp’ idea

Foreign Ports, Trending News
CHENNAI : Mr. Luc Arnouts, vice-president international relations, Antwerp Port Authority, on Friday urged logistics service providers to explore the idea of an “India hub at the Port of Antwerp” which would enable Indian
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