CMA CGM commits to buy Bollore logistics unit for $5.5 bln
MARSEILLE : French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the
Maersk announces new warehouse for electric car batteries near Hanover
HAMBURG : Maersk, together with the German project developer bauwo, is building a 20,000 square meter logistics center near Hanover for the storage and handling of electric car
Evergreen’s new terminal in Kaohsiung to boost container volumes
KAOHSIUNG : Taiwan International Ports Corporation (TIPC) Chairman Lee Hsien-yi stated on 5 May that the newly built No. 7 terminal in Taiwan’s Kaohisung port is the country’s
ZIΜ invests in refrigerated container fleet
HAIFA : ZIM has made an order of 1,000 Star Cool reefers with Sekstant door sensors and a similar volume for retrofitting to its existing Star Cool reefers.
OOCL launches AI chatbot for customers
HONG KONG : Orient Overseas Container Line (OOCL) has launched a new Chinese language AI chatbot on its customer facing platforms. OOCL has introduced an AI chatbot known
Upsized 14,000 TEU container ship arrives at Port of Halifax
HALIFAX : The 14,000 TEU container ship ONE Stork is the first upsized EC5 vessel that has arrived at the Port of Halifax in Canada. The boxship with
Paradip Port eyes top spot among major ports, aims at 150 million tonne cargo handling this fiscal
PARADIP : In a bid to conquer the top spot among major ports of the country, Paradip Port Trust is aiming at 150 million tonne of cargo handling this fiscal
Adani’s Mundra port cargo adds Rs 80,732 crore to Customs’ assets
MUNDRA : Cargo handled at Adani Ports and Special Economic Zone (APSEZ) has contributed Rs 80,732 crore to the assets of the Customs department in FY23 compared to
ArcelorMittal Nippon Steel to buy Essar’s Iron Ore handling terminal at Vizag Port
VISAKHAPATNAM : ArcelorMittal Nippon Steel India Ltd (AM/NS India) will acquire a 16 million tonne (mt) capacity iron terminal at Visakhapatnam Port from a unit of Essar Group
SCR to start Gati-Shakti Cargo Terminal at Gadchendur Station of Secunderabad Division
HYDERABAD : The Secunderabad Division of South Central Railway has decided to start a new Gati Shakti Multi Modal Cargo Terminal (GCT) at Gadchendur Station. This terminal will be constructed