Van Oord’s TSHD HAM 318 busy at Krishnapatnam Port, India
Van Oord is carrying out dredging works in the Port of Krishnapatnam, India. The depth of the port channels has to be restored after a severe cyclone, said Van Oord. To dredge the navigation channel of...
View ArticleDriving Change: The Evolving Role of AI in Trucking Industry
Artificial intelligence, which has been around for more than a decade now, has turned out to be a necessary part of the trucking industry. It is no longer considered a fringe technology, in particular...
View ArticleDuqm port development deal with Adani Group is open: Oman official
Oman is highly optimistic about Indian investments in the country, particularly in the development of the Duqm port by the AdGroup, an Oman official said. Saleh Hamood Al Hasani, advisor to the...
View ArticleNaBFID and Axis Bank to lend Rs3,790 crore to DP World for building box...
Dubai government-owned global port operator DP World Ltd has tapped the National Bank for Financing Infrastructure and Development (NaBFID) and Axis Bank Ltd for a Rs3,500 crore loan to build a 2.19...
View ArticleMaersk increases rates by $1,000 per container to US and Canadian ports from...
Danish shipping line Maersk has announced a rate increase of $1,000 per container to the US and Canada ports from March 2. The increase is applicable to cargo originating from India and West Asia, and...
View ArticleSamskip and Cochin Shipyard begin zero-emission container vessel construction
Samskip, a provider of global logistics solutions, and the market-leading shipyard Cochin Shipyard in India have commenced the construction phase of their next-generation zero-emission shortsea...
View ArticleCentre eyes 10x expansion in domestically flagged Ships
India is eyeing a significant fleet expansion of large domestically flagged ships amid disruptions to global supply chains and sharpened focus on international trade. The development assumes...
View ArticleAdani Ports shares hit record high as cargo volumes surge
Shares of Adani Ports and Special Economic Zone (APSEZ) reached a new all-time high on Monday following a surge in cargo volumes reported for February. The company’s stock price rose by over 1 per cent...
View ArticleCMA CGM extends cooperation with SIPG
The cooperation between CMA CGM and SIPG has seen progress in a range of areas such as pioneering LNG bunkering in Shanghai, facilitating the systematic shore powering connections during port calls,...
View ArticleVizag Port signs pact to incorporate traffic management system services
The Visakhapatnam Port Authority on Monday entered into an agreement with the National Technology Centre for Ports, Waterways and Coasts, Chennai for Vessel Traffic Management Systems services....
View ArticleSri Lanka’s Colombo Port adding 2 gantry cranes to boost operation
The Sri Lanka Ports Authority (SLPA) is set to bolster its operations at the Colombo Port’s East Container Terminal (ECT) with the imminent arrival of two more STS gantry cranes by April this year....
View ArticleNortheast India set for infra development under Vikshit Bharat vision
Prime Minister Narendra Modi’s ambitious vision of Vikshit Bharat 2047 has taken center stage in his recent addresses, outlining a comprehensive plan to propel India into a developed nation by its...
View ArticleDPIIT Hosts LEAPS Valedictory Session to Honor Logistics Excellence
Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry organised a LEAPS (Logistics Excellence, Advancement, and Performance Shield) Valedictory Session...
View ArticleAP Chambers requests AAI for customs notified cargo centre in Vijayawada Airport
The Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) on Tuesday wrote to the chairman of the Airports Authority of India (AAI) to set up a customs notified cargo centre in...
View ArticleBMW integrates electric truck trio into Regensburg plant logistics
Two of the three electric trucks transport high-voltage storage systems, while the third transports floor panelling for BMW vehicles. BMW does not specify which models are involved. However, the DAF CF...
View ArticleSouth Western Railway registers 11.09% growth in earnings
South Western Railway has registered growth of 11.09% in gross revenue till February 2024 when compared to the gross revenue (apportioned) during the corresponding period of the previous fiscal....
View ArticleBlackstone’s Giant Property Arm Wants to Double India Warehouses
Blackstone Inc. plans to more than double its holdings of Indian warehouses and may eventually take the logistics business public as the asset manager increases its bets on the world’s fastest-growing...
View ArticleMaritime Incident in Gulf of Aden, Navy Chief affirms commitment to maritime...
An official statement from a spokesperson for the Indian navy reported on a maritime incident early Tuesday morning in the Gulf of Aden involving a Liberian-flagged vessel, the MV MSCSkyll. According...
View ArticleVistara, Air India merger receives Singapore anti-trust regulator’s nod
The Competion and Consumer Commission of Singapore (CCCS) on Tuesday cleared Vistara’s merger with Air India after the airlines committed to maintain capacity on certain routes to pre-Covid level....
View ArticleIndia poised to benefit from Walmart’s strategic shift, but challenges remain
Walmart’s focus on Indian suppliers is a monumental shift with wide-ranging implications. The Indian supply chain industry, while vast and diverse, faces challenges like fragmented infrastructure,...
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