July 9, 2024
March 21, 2026
July 9, 2024
MSC acquires ships from China, netting $48.5 million profit for BAL!
GENEVA : Mediterranean Shipping Company (MSC) has secured two 14,000 TEU container ships under construction at Jiangnan Shipyard for a total of $333 million. These vessels were originally ordered by China’s BAL Container Line
July 9, 2024
Port Klang Authority confirms MV KUM JIN did not sink
SHAH ALAM : The Port Klang Authority (LPK) confirmed that the MV KUM JIN cargo ship is still afloat at a location 2.1 nautical miles from Tanjung Rhu in Terengganu as of yesterday morning.
July 9, 2024
SFL secures new 5-year charters for four containerships
HAMILTON,BERMUDA : SFL Corporation Ltd. announced the agreement of new 5-year time charters for four 8,700 TEU container vessels, adding approximately $240 million to the company’s fixed rate charter backlog. The vessels, which have
July 9, 2024
XPO Logistics cuts number of offsets needed to maintain carbon neutral status at its Crick HQ
LONDON : XPO, a leading provider of innovative and sustainable end-to-end logistics solutions across Europe, announced that its UK and Ireland headquarters (HQ) and national distribution hub at Crick, Northamptonshire, has been certified as carbon neutral
July 9, 2024
ABB–Arkitech collaboration delivers significant HVAC efficiency gains for MSC Magnifica
ZURICH : A collaboration between ABB and Arkitech has brought significant efficiency gains for the heating, ventilation and air-conditioning (HVAC) system on board MSC Magnifica. Using artificial intelligence and machine learning to analyze data from
July 8, 2024
PM Modi to visit to the Russian Federation and the Republic of Austria
NEW DELHI : PM Modi will pay a two-day visit to Russia to attend the 22nd India-Russia Annual Summit that will review the entire range of multifaceted ties between the two countries. PM likely
July 8, 2024
Modi and Starmer agree to expedite India-U.K. FTA
NEW DELHI : Prime Minister Shri Narendra Modi congratulated British Prime Minister Keir Starmer on assuming charge and a remarkable victory of his Labour Party in the election, PM Modi on July 6 spoke to newly elected British PM as the two
July 8, 2024
India and UK to hold next round of talks on proposed FTA pact this month
NEW DELHI : With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to
July 8, 2024