Mapping and logistics startup NextBillion raises $6.25M
SINGAPORE : NextBillion, a geospatial data startup that provides software-as-a-service products for enterprises, today announced it has raised $6.25 million from Microsoft venture fund M12. The firm’s investment extends NextBillion’s $7 million series A
Maersk CEO says Virtual Capital Markets Day Event May Become New Norm
COPENHAGEN : The world’s largest shipping company may never go back to in-person capital markets days, as the pandemic looks set to leave a permanent mark on some corporate traditions. “I think it will
SABRINA CHAO elected as BIMCO President
COPENHAGEN : BIMCO, the world’s largest shipping association, has elected Ms. Sabrina Chao of Wah Kwong Maritime Transport Holdings Limited as President at the organisation’s online general meeting on Thursday 20 May 2021. Sabrina
APM Terminal Pipavav suspends operations till May end due to impact of Cyclone Tauktae
PIPAVAV: APM Terminals Pipavav informed that Cyclone Tauktae has impacted operations at the port and suspended the operations till the end of May 2021. “Prima Facie the infrastructure of the port seems intact and
India, China, South Africa fared ‘relatively better’ than other major economies in Q1 of 2021 : UN…
NEW YORK : The Global Trade Update by the United Nations Conference on Trade and Development (UNCTAD) on Wednesday said that in Q1 2021, the value of global trade in goods and services grew
Container lines omitting substantial number of ports calls : project 44
SINGAPORE : Container lines are continuing to omit large numbers of port calls as they struggle with port congestion, equipment imbalances and a lack of capacity. Analysis by project44 shows that the 2M alliance
ZIM Reports Financial Results for the First Quarter of 2021
HAIFA : ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three months ended March 31, 2021. First Quarter 2021 Highlights Net income for
E-way bill integrated with FasTag, RFID; GST officers to get real-time data of commercial vehicles
NEW DELHI : GST officers have been armed with real-time data of commercial vehicle movement on highways with integration of the e-way bill (EWB) system with FasTag and RFID, a move which will help