APM Terminals MedPort Tangier commences second phase of development
Following a total investment of 800 million USD, operations at APM Terminals MedPort Tangier commenced in 2019. It now celebrates its next major development milestone by kicking off phase-2 of the development, which will add an extra
FIRST UK MAINLAND PORT WITH 5G
A milestone deal will see the first private 5G network established at UK mainland port in a bid to improve the reliability and security of communications.The Port of Southampton will become the first UK
Chairman NMDC visits Maharashtra Governor to commemorate Merchant Navy Week
Shri Kumar also gave a detailed account of the merchant marine infrastructure of India and various recent developments and progress made in the maritime sector. Mumbai:The delegation of Central National Maritime Day Celebrations Committee (NMDC) headed by
March Exports Show Whooping Double-Digit Growth: FIEO
New Delhi:Reacting to March 2021 export figures, FIEO President, Mr Sharad Kumar Saraf said that the monthly exports showed a whooping double-digit growth of almost 58.50 percent clocking USD 34 billion compared to March
Suez chaos leaves shipping companies counting the ‘lost expenses’ cost
The owners and charterers of ships unable to sail through the the Suez Canal for nearly a week face at least $24 million in expenses they will be unable to recoup as their insurance
Enviva and MOL explore GHG emissions reduction technologies for Biomass supply chain
Enviva, a global energy company specializing in sustainable wood bioenergy, and Mitsui O.S.K. Lines (MOL), a leading global marine transport group, today announced they have signed a memorandum of understanding agreement to develop and
Suez Canal accounts for $200 billion of trade for India, says Special Secretary Logistics
The Suez Canal blockage has finally come to an end with the massive container ship, Ever Given being refloated yesterday (March 29) after almost a week. The block is likely to have caused over
Suez Canal blockage to have ripple effect on the container trade
Will aggravate the already global container imbalance and increase freight rates in the coming days It was a big relief for the global maritime trade as the container ship ‘Ever Given’ that blocked the