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November 16, 2024

Cargo vessel from Karachi arrives at Chittagong Port, shows first-ever direct maritime link between 2 nations

International Shipping, Foreign Ports, Global Trade, Trending News
CHITTAGONG : A cargo vessel from Karachi arrived at Bangladesh’s Chittagong Port on Wednesday. The authorities from both sides called it the first-ever direct maritime link between the two countries. As Bangladesh cosies up
November 16, 2024

Hapag-Lloyd achieves good result in first three quarters of 2024

International Shipping, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd concluded the first nine months of 2024 with a Group EBITDA of USD 3.6 billion (EUR 3.3 billion). The Group EBIT stood at USD 1.9 billion (EUR 1.8 billion) and the
November 16, 2024

Ocean Network Express and Seaspan Corporation jointly announce the establishment of ONESEA Solutions 

International Shipping, Shipping Line, Trade, Trending News
SINGAPORE : Ocean Network Express (ONE) and Seaspan Corporation (SEASPAN) are pleased to announce the establishment of OneSea Solutions Pte. Ltd. (ONESEA), a solutions provider focused on technical ship management and maritime talent development. ONESEA is jointly
November 16, 2024

PM Modi inaugurates, lays foundation stone and dedicates to the nation multiple development projects worth Rs 12,100 crore in Bihar

Infrastructure, Economy, Finance, Trade, Trending News
DARBHANGA : Prime Minister, Shri Narendra Modi laid the foundation stone and inaugurated various development projects worth around Rs 12,100 crore in Darbhanga, Bihar on 13th November. The development projects comprise health, rail, road,
November 16, 2024

High-Level Review Meeting on NAVIC Cell 21 by VPA

Ports, Maritime, Shipping, Trending News
VISAKHAPATNAM : Visakhapatnam Port Authority (VPA) organized a high-level review meeting on NAVIC Cell 21 on 15th November 2024, focusing on key inter ministerial issues. The meeting was chaired by Dr. M. Angamuthu, IAS,
November 16, 2024

CBIC gets two new board members

Customs, Economy, Trade, Trending News
NEW DELHI : The Appointments Committee of the Cabinet (ACC) has appointed two Members to the Central Board of Indirect Taxes and Customs (CBIC). The appointment of one member will be effective from 01.12.2024 while the other one
November 16, 2024

Borzo expands market presence with introduction of New Truck Delivery Service

Logistics, Company, Trade, Transport, Trending News
MUMBAI : Borzo, (erstwhile WeFast), a global intracity same-day delivery service, has announced the introduction of 3-wheeler and Truck delivery service, marking a significant expansion into a new market segment. This strategic move aims
November 16, 2024

SeaLead inaugurates New Office in South Korea, A move towards expansion in East Asia

International Shipping, Company, Shipping Line, Trade, Trending News
SEOUL : SeaLead, a fast-growing global shipping line, on Thursday inaugurated its office in Seoul, South Korea. This milestone underlines SeaLead’s ambitious growth strategy within East Asia, where the company aims to strengthen its
November 16, 2024

Dedicated safety advocate celebrates 40-year career

Maritime, Marine Insurance, Trade, Trending News
LONDON : TT Club’s celebrated advocate to the cause of risk mitigation and safety in the freight industry, Peregrine Storrs-Fox has stepped down as the mutual’s Risk Management Director and now takes on a
November 16, 2024

Marport achieves another milestone with four new SSG cranes

Foreign Ports, Container Terminal, Trade, Trending News
ISTANBUL : Marport continues to provide added value to the Turkish economy with 4 new SSG cranes (Ship to Shore Gantry Crane), which were brought to the terminal with an investment of 60 million
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