Work of National Waterway-5 in Odisha is under way : Tukuni Sahu
BHUBANESWAR : Shri Tukuni Sahu, the Transport Minister told the state assembly that first phase and second phase work of National Waterway-5 on the Mahanadi is underway. Development
Drewry’s World Container Index knocks January 2020 levels, but will the spring leave the winter fa
The Drewry’s World Container Index (WCI) dipped to US$1,791 on 16 March 2023, recording its 50th week of dips over the last year. The rates have fallen on all routes
MSC teams up with GCMD to accelerate industry efforts to decarbonize
GENEVA : The world’s largest container line Mediterranean Shipping Company (MSC) has inked a five-year partnership deal with the Global Centre for Maritime Decarbonisation (GCMD) MSC becomes the
Maersk pilots warehouse automation solution
COPENHAGEN : Maersk and BionicHIVE have been working for four months on a pilot designed to assess automation processes that sort, select and put away packages and can
Hapag-Lloyd announces new VIS Service in Asia
HAMBURG : German ocean carrier Hapag-Lloyd announced the addition of a new service in Asia that will have flexible port coverage. This new service, Vietnam Indonesia Straits (VIS),
Cosco Shipping launches new Far East-South America East Service
SHANGHAI : Cosco Shipping Holding has newly opened-up a Far East-South America East Service from Yangpu International Container Terminal in Hainan Province. The new service covers major Brazilian
Hutchison Ports investing $700m in Sokhna and Alexandria terminals
HONG KONG : Hutchison Ports is to invest $700m in Ain Sokhna Port, and a new container terminal in the Port of Alexandria in Egypt. The investment includes
MOL implements Dramatic Workplace Reforms at Head Office
TOKYO : Mitsui O.S.K. Lines, Ltd. announced that renovation work on the 9th and 10th floors of its Head Office building in Tokyo, which began last August, was
Trade Infrastructure for Export Scheme (TIES) being implemented for creation of appropriate infrastr
NEW DELHI : The Department of Commerce, Government of India, is implementing the Trade Infrastructure for Export Scheme (TIES) w.e.f. FY 2017-18 to assist Central and State Government
National Rail Plan aims to increase share of freight traffic from current share of 28% to 44%
NEW DELHI : Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Lok Sabha informed that the