JNPTsigns MoU with CIDCO for development of infrastructure at port area
he Jawaharlal Nehru Port Trust (JNPT) on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with City and Industrial Development Corporation (CIDCO) for allotment of land under the 12.5 per cent
Taxation may be Global Shipping’s upcoming game changer : WSJ
NEW YORK: The Organization for Economic Cooperation and Development recently released a blueprint for an internationally-coordinated minimum tax for multinational enterprises, and aims to reach a global agreement on this in 2021. It is
Mawani launches new shipping route from Jeddah port
Saudi Ports Authority (Mawani) has announced the launch of a new shipping service from Jeddah Islamic Port, complementing its strategic partnerships with some of the largest shipping companies in the world, such as Hapag
MSC earns Maritime Sustainability Certificate
GENEVA: MSC has been awarded the Maritime Sustainability Passport certificate and seal by the North American Marine Environment Protection Association (NAMEPA), recognising the company’s responsible business operations and approach to sustainability. The certificate is
DB Schenker appoints Niklas Wilmking as its Asia Pacific CEO
DB Schenker has named Niklas Wilmking (pictured above) as its new chief executive for the Asia Pacific region. Dr Wilmking was most recently executive vice president of global airfreight at DB Schenker’s head office,
Hapag-Lloyd deploys extra-loader for easing disruptions in India
HAMBURG: The spike in demand coupled with limited vessel capacity has caused considerable disruption in the Indian market with customers needing dependable services. Hapag-Lloyd has invested in additional services to ease the build-up of
Maersk CEO Søren Skou expects to make first CarbonNeutral ship order in 2023
Logistics giant AP Moller-Maersk, the owner of the largest shipping company in the world, expects to order its first carbon-neutral ship as soon as 2023. The company is likely to order smaller container ships
MOL’s response to an article on the grounding of the vessel Wakashio
MOL takes its obligations in relation to this incident with utmost seriousness’ Through a communiqué, MOL has put out the following clarification. Excerpts: “Forbes.com published an article on January 6 entitled “Explosive Documents Reveal