MSC’s TIL completes Italian box terminal takeover
GENEVA : MSC’s port operating arm, Terminal Investment Limited (TIL) has completed the acquisition of Terminal Darsena Toscana (TDT) in the Port of Livorno. In particular, TIL’s subsidiary
ZIM backs fintech startup firm
HAIFA : 40Seas, an innovative fintech platform for cross-border trade financing, was funded with US$111 million from the Israeli companies ZIM and Team8. In particular, the company’s US$11
Container Terminal Development Project launched at King Abdulaziz Port
RIYADH : The Saudi Ports Authority (Mawani) has announced the laying of the foundation stone for upgrading and developing two container terminals at King Abdulaziz Port in Dammam
MOL announces new series name and new hull color design for LNG-fueled car carriers
TOKYO : Mitsui O.S.K. Lines, Ltd, announced that it has decided on a new series name and a new hull color design for its car carriers, which are
NYK : Starlink onboard trials to improve Ship-Shore communication speeds
TOKYO : In December 2022, NYK conducted a trial use of Starlink, a satellite communication service operated by Space Exploration Technologies Corp. (SpaceX), on a ship managed by
COLIBRI Project: the WCO and AFIP sign a Memorandum of Cooperation
BRUSSELS : The World Customs Organization (WCO) and the Federal Administration of Public Revenue of the Argentine Republic (AFIP) have signed a Memorandum of Cooperation (MoC) to strengthen
IMO’s World Maritime theme 2023
LONDON : The International Maritime Organization’s World Maritime Theme for 2023 is ‘MARPOL at 50 – Our commitment goes on’. The theme reflects the organization’s long history of protecting the
World’s longest river cruise ‘Ganga Vilas’ to unlock River Cruise tourism in India: Sarbananda
NEW DELHI : The launch of world’s longest river cruise with MV Ganga Vilas by the Prime Minister Shri Narendra Modi on 13 January, 2023 in Varanasi will
Gujarat Pipavav Port container volume up 22% on year in Oct-Dec
PIPAVAV : Gujarat Pipavav Port Ltd’s container volume in the December quarter rose 21.7% on year and 3% sequentially to 191,000 twenty-foot equivalent units, the company said in
India is well on track in FTA discussions with other countries : Piyush Goyal
NEW DELHI : Negotiations for bilateral free trade agreements (FTA) with several countries are “well on track” and India is also looking at some multilateral pacts that are fair and