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Revolutionising the Shipping sector for post-COVID period

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The global shipping industry is sailing through turbulent waters since the last few years. Reduced demand for containers, increased turnaround times at ports, unprecedented fall in crude oil prices, high costs, cargo rollover and blank sailings are...

IMO and MPA launches NextGEN portal for expediting collaboration in maritime decarbonisation projects

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The International Maritime Organisation (IMO) and the Maritime and Port Authority of Singapore (MPA) have launched the NextGEN web portal, an online collaborative global ecosystem of maritime transport decarbonisation initiatives. The tool is meant...

Maersk SPL unit spearheading COVID-19 relief supplies for distribution in India

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Maersk is donating the services of its Special Project Logistics (SPL) unit and charging a symbolic nominal freight cost of US$1 per 40’ container for urgently needed medical supplies to be distributed to medical facilities in India...

JNPT records 40.40% growth in container traffic in H1 FY21-22

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Jawaharlal Nehru Port Trust (JNPT), one of India’s premier container ports, handled 2,703,051 TEUs during the first half of the FY 2021-22 against 1,925,284 TEUs, which is 40.40% higher than the container traffic over the same period...

VOC Port plans to set up multimodal logistics park

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The VOC Port Trust in Thoothukudi plans to set up a Multimodal Logistics Park (MLP) to facilitate infrastructure and enable seamless multimodal cargo transfer. It has tentatively identified Coimbatore, Madurai and Thoothukudi as three potential locations to...

COSCO opts for Carrier Transicold’s next-gen EverFRESH system in a move to upgrade reefer...

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COSCO Shipping Lines has enhanced its refrigerated cargo fleet with the next-generation EverFRESH active controlled-atmosphere (CA) systems from Carrier Transicold. The EverFresh’s high-perfoming system enables perishable shipments to travel farther, while retaining commodity quality.

DP World to invest €35mn at its Stuttgart terminal over the next five years...

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Global logistics firm and smart trade enabler, DP World has planned to invest €35mn (US$41mn) into its container terminal in Stuttgart, which recently celebrated its 25th anniversary this year. These investments will take place...

“K” Line to buy eight more next-gen LNG-fuelled pure car and truck carriers

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Kawasaki Kisen Kaisha Ltd (“K” LINE) has decided to procure eight 7,000 units class car pure car and truck carriers (PCTCs) fueled by liquefied natural gas (LNG) by FY2023 to FY2025, following its first LNG-fueled vessel, “CENTURY...

Container freight rates stabilises after 22 consecutive weeks of rise: Drewry World Container Index

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The Drewry World Container Index (WCI) published on 23 September remained steady at US$10,377.19 per FEU, the same level as the week before, however, a whopping 299% year-on-year rise. “This comes following the announcement...

APM Terminals aims for energy optimisation and emission reduction at GTI with new Siemens...

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APM Terminals (APMT) and Siemens India have identified a potential 30-40% emissions reduction at Gateway Terminals India (GTI) in JNPT Mumbai and now aims to work on further energy optimisation and emission reduction programmes across its terminals...

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Turkey’s YILPORT Holding joins blockchain platform TradeLens

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YILPORT Holding has become the latest and the first Turkish international container terminal operator to join blockchain-enabled shipping platform TradeLens to accelerate...

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