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June 6, 2024

Container shipping demand up significantly : Hapag-Lloyd CEO

International Shipping, Maritime, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd Chief Executive Officer Rolf Habben Jansen said on Wednesday that demand for container shipments across the world’s oceans has risen significantly in recent weeks but the upswing may be short-lived. The
June 6, 2024

Food delivery, E-commerce platforms unite to protect their delivery partners from heatwave

Logistics, Business, COMMERCE, Economy, Trade, Trending News
NEW DELHI : With large swathes of India being under the grip of heatwave and several cities recording temperatures above normal levels, food delivery and e-commerce platforms have come up with a slew of
June 6, 2024

DP World aims for 40% rail freight share at Southampton by 2026

Logistics, Rail Freight, Railway, Transport, Trending News
SOUTHAMPTON : DP World is encouraging freight owners to move their products by rail from Southampton, removing thousands of vehicles off the UK’s highways and aiming for a 40% rail freight share in 2026.
June 6, 2024

Ocean Network Express and Transmanut to offer greener inland haulage options in France

Logistics, Global Trade, Shipping Line, Trending News
SINGAPORE : Ocean Network Express (ONE) is now able to offer customers in France the opportunity to transport their cargo inland using trucks powered by biofuel in partnership with logistics company Transmanut. Operating in the
June 6, 2024

Taiwan’s TS Lines makes third attempt at an IPO in Hong Kong

International Shipping, Trending News
TAIWAN : TS Lines has made a third attempt at an initial public offering on the Hong Kong Stock Exchange. Earlier attempts in 2022 and 2023 stalled as the container shipping market corrected after
June 6, 2024

ABB introduces Optimal Speed Routing to help vessels enhance fuel efficiency and reduce emissions

International Shipping, Maritime, Shipping Line, Trending News
HELSINKI : ABB has introduced a new feature to its Routing Services portfolio that will allow vessel owners to manage fuel costs on a through-voyage basis by optimizing vessel optimal route and speed at
June 6, 2024

ADNOC Logistics & Services to acquire Navig8

International Shipping, Global Trade, Logistics, Trending News
ABU DHABI : ADNOC Logistics and Services Plc, a global energy maritime logistics company, on Monday announced an agreement to acquire Navig8 TopCo Holdings Inc. an international shipping pool operator and commercial management company
June 5, 2024

New government to inherit strong economy, focus on making India developed nation by 2047

Trade, Business, COMMERCE, Economy, Finance, Infrastructure, Trending News
NEW DELHI : India’s world record beating economic growth rate together with robust tax revenues, a fast expanding digital and financial infrastructure, and a strong manufacturing sector, will give the new government, a base
June 5, 2024

Big export push on top of govt agenda

EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : The government is considering setting up a dedicated overseas market development body– IndTrade– and a national branding division to get to the goal of $ 2 trillion in exports by 2030.
June 5, 2024

Visakha Container Terminal sets new records with longest vessels handled

Ports, Container Terminal, Private Port, Shipping, Trending News
VISAKHAPATNAM : Visakha Container Terminal (VCTPL) of J M Baxi Ports & Logistics has achieved a historic milestone by handling the two longest vessels ever to berth at any Indian port on the East
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