Shipping firms establishes subsidiaries at IFSC
GANDHINAGAR : Shipping firms, formerly based in Dubai or Singapore, have established subsidiaries in the GIFT City headquartered IFSC, which has received as many as eight applications for
Around 10 million jobs to be added in logistics sector by 2027 : TeamLease Services
NEW DELHI : The logistics sector, growing at a compound annual growth rate of 12%, is expected to add 10 million jobs by 2027, says TeamLease Services. The
Schneider Electric to expand India operations, exports
FRANCE : French energy automation company Schneider Electric has lined up plans to bolster its India base, and leverage it for world markets, Deepak Sharma, Zone President–Greater India
Shipping Giant Maersk bets on driverless trucks to improve deliveries
COPENHAGEN : A.P. Moller-Maersk A/S, the maritime shipping giant that has been diversifying into land transportation, is betting that driverless trucks will help make deliveries more reliable. Maersk is
CMA CGM joins forces with Renault and Volvo for new-generation electric vans
MARSEILLE : Renault Group, Volvo Group and CMA CGM Group join forces to address the growing need for decarbonised and efficient logistics with an all-new generation of electric
UAE to pay $102 million over five years to operate Karachi Port Terminal
ISLAMABAD : Abu Dhabi Ports signed 50-year concession deal with Karachi Port Trust in June for handling port terminal. Joint venture will see investment of $220 million in
HE Al-Jasser lauds Kingdom’s rise in UN Maritime Index
RIYADH : The Saudi maritime sector has recorded a significant uptick in the Q3 update of the UNCTAD’s Liner Shipping Connectivity Index (LSCI), scoring 77.66 points in comparison
PortXL and GTT partner to accelerate innovation in the Maritime Industry
ROTTERDAM : PortXL is thrilled to announce its partnership with GTT, the French technology and engineering group specialising in containment systems with cryogenic membranes for transporting and storing
SRC Group receives Approval in Principle for Methanol Superstorage solution on existing ships
NEW YORK : A new and space efficient retrofit methanol storage solution from SRC Group has received Approval in Principle from Lloyd’s Register, signifying that no major conceptual
ClassNK grants Innovation Endorsement for Products & Solutions to Berthing Aid System develope
TOKYO : ClassNK has granted its Innovation Endorsement for Products & Solutions to a Berthing Aid System developed by FURUNO ELECTRIC CO., LTD (FURUNO). In order to promote
