December 30, 2025
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Wan Hai embarks on $200m on secondhand boxship spend as profits surge

November 16, 2021 International Shipping, Trending News
TAIWAN : Wan Hai is wasting no time in spending $200m of funding earmarked for investments in the secondhand containership market . The Taiwanese liner operator has purchased the 2016-built 1,708 teu containership Box Express

Agility Reports KD 926.9 Million Net Profit for the Third Quarter 2021

November 15, 2021 Maritime, Trending News
3 2021 (Million KD) Q3 2020 (Million KD) Variance (%) 9 months 2021 (Million KD) 9 months 2020 (Million KD) Variance (%) Revenue 124.5 97.5 27.7% 344.7 292.4 17.9% Net Revenue 65.8 50.6 30.2% 185.8 161.4

India’s top port operators showed up at Tajpur pre-bid meet

November 13, 2021 Ports, Trending News
KOLKATA : The top private sector port operators of India, including Adani Ports, DP World and JSW Infrastructure are among the 10 entities who showed up at the pre-bid meeting for Tajpur Port, kick

Adani Ports’ self-imposed cargo decision will impact trade : Govt

November 13, 2021 Ports, Trending News
MUMBAI : The Customs Department has asked Adani Ports and Special Economic Zone (APSEZ) to “re-examine” its decision to stop handling export-import (EXIM) containerised cargo originating from Iran, Afghanistan and Pakistan at its ports

India continuing smaller share in International shipping

November 13, 2021 Shipping, Trending News
AHMEDABAD : India, despite having a large coastline, growing domestic market and international seaborne trade, deep-rooted maritime traditions and skilled seafarers, continues to have a smaller share in the international shipping sector, according to

Digital initiatives launched by Customs Dept for examination of cargo

November 12, 2021 Customs, Trending News
NEW DELHI : The Central Board of Indirect Taxes and Customs on Thursday launched an online application for scheduling examination of import cargo for traders at inland container depot Tuglakabad (ICD TKD) here. “As a major

Railways Minister Shri Ashwini Vaishnaw says that railways to be highly profitable in coming 5-6 yea…

November 12, 2021 Railway, Trending News
NEW DELHI : Railways will be “highly profitable” in coming 5-6 years with its ongoing transformative initiatives, Railway Minister Shri  Ashwini Vaishnaw said on Thursday. The minister exuded confidence that the Railways will have a

HMM hits US$1.95 billion record Q3 profit

November 12, 2021 Shipping, Trending News
The South Korean shipping company HMM has reported an astronomical spike of 9,239.8% in net profit of the third quarter of the year, compared to the same period of 2020, reaching US$1.95 billion (KRW

Supply chain crisis gives once invisible shipping industry record profits and new adversaries

November 12, 2021 Shipping, Trending News
YIWU, China : Consider the plight of Xu Yaping’s flimsy swords and knockoff Barbies. Exported from the International Trade City here, a wholesale market the size of 1,000 football fields, the toys for years

Pandemic, supply chain, and more — how quickly is the shipping industry rebounding after global diff…

November 12, 2021 Shipping, Trending News
COVID-19 took the world to a near standstill, slowing down major sectors, including the transportation sector. According to a report by Statistica, the global airline industry lost an estimated revenue of $370 billion in
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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