ZIM reports over US$2.2 billion loss in third quarter
HAIFA : Israeli container line ZIM has announced a net loss of US$2.27 billion in the third quarter of the year, while the company achieved a US$1.66 billion
Box volumes grow at Saudi Ports in October
RIYADH : For October 2023, the Saudi Ports Authority (Mawani) announced a 5.31% growth in container handling throughout its ports. A total of 741,905 TEUs were handled, translating to
CJ Logistics deploys 140 wheeled robots for increased shipping efficiency across Asia-Pacific
INCHEON : CJ Logistics, with its Global Distribution Center (GDC) in Incheon, is currently testing a new way to process stored goods to get them ready for international
Seaqualize successfully executes first ever offshore transfer lifts on Vineyard Wind 1
UTRECHT : Dutch heave compensation specialist Seaqualize executed the world’s first offshore transfer lifts of wind turbine components from a heaving supply vessel. Their newly developed offshore lifting
India-U.K. FTA – Next round of talks expected soon
NEW DELHI : Chief negotiators of India and the UK are expected to soon hold next round of talks for the proposed Free Trade Agreement to iron out differences on issues such
Jaishankar meets UK’s new FS David Cameron, holds talks on trade pact, West Asia
NEW DELHI : : India and the UK discussed ways to take forward their negotiations on a free trade agreement (FTA) and global challenges such as the Israel-Hamas conflict
‘Tuna-Tekra greenfield container terminal is game-changer for Kutch region’
GANDHIDHAM : The ₹5,000-crore greenfield mega container terminal to be developed and operated by DP World, Dubai, at Tuna-Tekra, 16 km from Deendayal Port in Kandla, Gujarat, will
Box lines announce new efforts to hike rates on India-US Trades
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game,
Foreign ships to have a tough time in ‘Amrit Kaal Vision 2047’ for Maritime
NEW DELHI : Far from removing a so-called cabotage law to permit foreign flag ships to carry all types of cargo on local routes to boost coastal shipping
Second Chinese vessel successfully docks at Vizhinjam Port with crucial equipment for international
THIRUVANANTHAPURAM : A second Chinese vessel carrying a ship-to-shore crane for the international deep-sea facility at Vizhinjam here docked at the port on Monday, sources at the port