Singapore-Malaysian ships wait over five days in Chittagong
DHAKA : While outbound laden containers are piling up in depots, Chittagong port yards are full of boxes. At the same time, the vessels in Chittagong are experiencing
Acceleration in port capacity investment insufficient to support cargo demand growth
LONDON : Surging container shipping cargo demand in the wake of the pandemic has resulted in a significant improvement in the global terminal capacity outlook, but this may
Tianjin port to develop the world’s first zero carbon terminal
TIANJIN : Tianjin port section C intelligent container terminal is a new version automatic container terminal constructed by Tianjin Port, which will be put into operation at the end
MAN bags the world’s first order for methanol engine within container segment
GERMANY : MAN Energy Solutions has won the order to supply the world’s first, low-speed, dual-fuel engine to run on methanol within the container segment. Hyundai (HMD) will construct the
DRYAD GLOBAL informs attack on MT MERCER STREET (IMO9539585)
LONDON : Reporting indicates that the Liberian flagged MT MERCER STREET (IMO 9539585) has been attacked approximately 152nm NE Al Duqm, Oman. Reports by UKMTO indicated an initial
South African port operations get back to normal eight days after cyber attack
JOHANNESBURG : Transnet, South Africa’s main port operator, has got operations back up after being struck by a cyber attack last week. “Transnet Port Terminals, in collaboration with the
Container manufacturing yet to catch up with demand
LONDON : When will the container capacity crunch finally ease? For an early indicator, keep an eye on production of the humble 40-foot dry cargo box. If the
Inland Vessels Bill 2021 passed in Lok Sabha
NEW DELHI : The Inland Vessels Bill 2021 was passed in Lok Sabha on Thursday, 29th July 2021 . It was introduced in the House by Union Minister
MSC to surpass Maersk as the world’s largest container line
GENEVA : The latest decision of CMB Financial Leasing (CMBFL) to buy two 16,000TEU vessels from Guangzhou Shipyard International (GSI) for long-term lease to Mediterranean Shipping Company (MSC)
Concor Q1 net profit jumps multi-fold to Rs 251 crore
NEW DELHI : State-owned Container Corporation of India Ltd (Concor) on Thursday reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first