Swiss Giant TIL commits ₹20,000 Crore to Vadhvan Port, aiming to build India’s Global container hub
GENEVA : Terminal Investment Ltd Sarl (TIL) has entered into a memorandum of understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to invest Rs 20,000 crore in the development of the Vadhvan Port Project. TIL,
MSC announces Panama Canal Charges effective 1st Jan 2025
GENEVA : Effective 1 January 2025, the Panama Canal Authority will introduce modifications to its Transit Reservation System, including adjustments to charges, changes in the tariff structure, and the implementation of new tariffs. In a
MSC Group completes acquisition of minority stake in HHLA
HAMBURG : MEDITERRANEAN Shipping Co has finalised its acquisition of a 49.9% stake in Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), a key port operator in Hamburg, Germany. MSC and the City of Hamburg, which retain 50.1% ownership,
MSC launches New Direct Service from Eastern Cape Region to Northern Europe
GENEVA : MSC is pleased to announce the launch of Eastern Cape Express Service, a new weekly service from Gqeberha (Port Elizabeth) and Walvis Bay directly to Northern Europe ports of Rotterdam, London Gateway, and Antwerp.
MSC to acquire majority stake in Brazilian Port operator for $768m
GENEVA : Mediterranean Shipping Co, through its subsidiary Shipping Agencies Services, has agreed to purchase a 56.47% stake in Brazilian port and maritime logistics operator Wilson Sons from London-listed Ocean Wilsons Holdings. Ocean Wilsons
Gemini vs MSC – titans look to reshape container market
HAMBURG : The launch of Maersk and Hapag-Lloyd’s Gemini Cooperation will bring a new dimension to the container sector, a hub and spoke feeder service that is guaranteed to arrive within its scheduled arrival time. Effectively Gemini
MSC CEO talks flexibility, future fuels and Formula One at IAPH’s World Ports Conference
HAMBURG : Outdated infrastructure is a persistent issue in many ports, and technology and productivity are not keeping up with industry needs, the CEO for the world’s largest container line MSC told the International
Hammering down records : MSC moves 390-tonne cargo
GENEVA : MSC has successfully moved a 390-tonne hydraulic hammer from Rotterdam to Singapore. Measuring 25.7m long (4.55m wide and 4.82m high), this is the heaviest piece of cargo MSC has ever transported. Its