HMM takes delivery of LNG-ready HMM Ruby
South Korean shipbuilder Hanwha Ocean has handed over a newbuild LNG-ready 13,000 TEU containership, HMM Ruby, to compatriot shipping company HMM. HMM revealed the ship’s delivery via social media...
View ArticleBrenntag India opens green warehouse in Northern India
Brenntag, the global market leader in chemicals and ingredients distribution is excited to announce the grand opening of its new state-of-the-art green warehouse, purposed-built for Brenntag India by...
View ArticleBorzo to move headquarters from Amsterdam to Mumbai
Borzo (erstwhile WeFast), a global intracity same-day delivery service, has announced plans to move its headquarters from Amsterdam to Mumbai. “The decision to make this strategic move is driven by the...
View ArticleDTDC Express Ltd. appoints Ankita Tiwari as new Chief Human Resources Officer...
DTDC Express Ltd., a leading express logistics provider in India, has appointed Ankita Tiwari as its new Chief Human Resources Officer (CHRO). With extensive experience in HR leadership, Ankita brings...
View ArticleMaersk sets new chartering record with deal for $150,000 a day
As liner operators become desperate for ships, charter rates have hit the $150,000/day mark. Maersk Line has agreed to pay this to charter Taiwanese regional carrier TS Lines’ 7,000 teu newbuilding...
View ArticleKerala govt promises permanent solution to Muthalapozhi harbour issues within...
The state government intends to find a permanent solution to the safety and infrastructure issues at the Muthalapozhi harbour in Thiruvananthapuram over the next one-and-half years, Fisheries Minister...
View ArticleVizag port emerges as India’s top seafood exporting gateway
Visakhapatnam Port emerged as India’s top seafood exporting gateway, clocking an impressive shipment of 3.14 lakh tonnes, valued at Rs 17,984 crore in fiscal 2023-24, a port official said on Monday....
View ArticleBudget 2024: 25% share by Indian liners could save $50 billion annually, says...
Exporters sought the creation of an Indian shipping line, duty cuts on the import of products like wet blue leather, an extension of a key scheme for small exporters to avail pre- and post-shipment...
View ArticleMSC ULCV call adds to congestion at ‘unprepared’ port of Karachi
A recent record-setting call from the 19,368-teu containership MSC Anna has created heavy landside pressure at Karachi Port, impacting supply chains in and out of Pakistan. The 400m long (LOA) ship,...
View ArticleGMS: Indian sub-continent remains under pressure
In particular, GMS notes that the ongoing and disastrous state of affairs in both Bangladesh and Pakistan on opposite ends, coupled with the onset of the customarily slower summer / monsoon months has...
View ArticleIndia moving towards sustainable 8% GDP growth: RBI governor
India is moving towards achieving 8% annual GDP growth on a sustainable basis, Reserve Bank of India (RBI) governor Shaktikanta Das said at an event in Mumbai on Tuesday. “India is at the threshold of...
View ArticleTwo shipping companies selected for Kochi-Dubai passenger service
Two shipping companies have been selected to provide passenger ship service from Kochi to Dubai, announced Minister for Cooperatives and Ports V N Vasavan here on Tuesday. Speaking to media persons...
View ArticleExporters seek govt push for India-based global shipping line
In a move to boost India’s export competitiveness, industry leaders are urging the government to establish a home-grown shipping line with global reach. This proposal, presented during a pre-budget...
View ArticleCOSCO announces new service linking Mexico with Far East
COSCO SHIPPING has launched Mexico Express Service (WSA5), connecting key Mexican Pacific ports like Ensenada, Manzanillo, and Lázaro Cárdenas with major Far East ports such as Busan, Dalian, Ningbo,...
View ArticleCMA CGM applies overweight surcharge from Middle East Gulf to Europe
French ocean carrier CMA CGM has informed its customers of an overweight surcharge (OWS) effective from 6 July 2024 (loading date) until further notice. The surcharge applies to cargo originating from...
View ArticleMSC revises equipment charges in Türkiye
Considering the current equipment situation in Türkiye, MSC will revise its Equipment Repositioning Charge (ERC) for all cargo originated from Türkiye to NWC, UK and ScanBaltic destinations. As from 1...
View ArticleMSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Major container lines have devised new strategies to serve customers in the Indian subcontinent region, while continuing to capitalise on high-premium cargo needing larger tonnage. And MSC and CMA CGM,...
View ArticlePosspole and KMB join forces to transform Karnataka’s coastal future
Posspole Pvt Ltd has inked a MoU with the Karnataka Maritime Board (KMB) to improve the maritime ecosystem in Karnataka. The idea of this partnership is to apply IT solutions and environmentally...
View ArticleShipping Ministry’s new Township Policy to develop areas around Visakhapatnam...
According to sources, the Shipping Ministry is developing a new township policy in a significant move to revitalize areas surrounding major ports. This innovative policy aims to transform the extensive...
View ArticleIndian directorate warns seafarers of rising fraud in maritime recruitment
Moreover, a recent report by International Transport Workers’ Federation (ITF) has mentioned that a concerning number of vessels with Indian seafarers and a notable portion of which are reported to...
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