Maersk Line sets up office in Nepal; Q1 trade in India positive

Maersk Line sets up office in Nepal; Q1 trade in India positive

June 1, 2018: Maersk Line, the global container division of the Maersk Group has commenced its new office in Kathmandu, Nepal from June 1. Though Maersk Line has marked its entry into the Nepal market...

Krishnapatnam & CONCOR commence new rail service to central India   

Krishnapatnam & CONCOR commence new rail service to central India  

May 31, 2018: Krishnapatnam Port Company Limited (KPCL), the country’s largest all-weather; deep water port, on the east-coast of India, as part of its multi-modal connectivity model has launched a ...

Shreyas Shipping & Logistics’ consolidated PAT stands at Rs 92 crore for FY 2017-18

Shreyas Shipping & Logistics’ consolidated PAT stands at Rs 92 crore for FY 2017-18

May 26, 2018: Shreyas Shipping & Logistics Ltd recently announced its financial performance in 2017-18. The Indian ship owning and operating company primarily focuses on coastal container shipping and...

Krishnapatnam port offers scrap import

Krishnapatnam port offers scrap import

May 25, 2018: Krishnapatnam Port Company Limited (KPCL) announced that it has obtained permission from the Central Government of India for import of scrap. The service will be facilitated with the ins...

India eases cabotage rule, opens domestic freight to foreign ocean carriers

India eases cabotage rule, opens domestic freight to foreign ocean carriers

May 24, 2018: In a major trade development, the Indian government has eased restrictive cabotage rules that have long prevented foreign-flag ship operators from transporting containers between domesti...

Safmarine to ship 80 Cryogenic tanks to United States 

Safmarine to ship 80 Cryogenic tanks to United States 

May 16, 2018: Major container carrier Safmarine has recently announced that they will be working on a behemoth project for Cryolor Asia Pacific. Safmarine will be delivering 80 Cryogenic tanks for Cry...

CMA CGM to acquire stake in CEVA

CMA CGM to acquire stake in CEVA

April 24, 2018: CMA CGM has announced it has reached an agreement to acquire an equity stake of nearly 25 percent of CEVA Logistics AG, a global leading player in the logistics sector. CMA CGM has com...

Jafza’s trade with India reaches over $ 3.4 billion in 2017

Jafza’s trade with India reaches over $ 3.4 billion in 2017

April 24, 2018: Trade between Jebel Ali Freezone (Jafza) and India reached new record worth over $3.4 billion in 2017.Latest figures from Jafza show that over 788 Indian companies are trading from the...

French container shipping firm CMA CGM to buy 25% stake in Ceva Logistics

French container shipping firm CMA CGM to buy 25% stake in Ceva Logistics

April 20, 2018: French container shipping company CMA CGM announced that it would buy a stake of around 25 percent in Ceva Logistics, which is being listed on the Swiss stock market. With this transac...

VO Chidambaranar Port handles 36.58 million tonnes cargo during FY2017-18

VO Chidambaranar Port handles 36.58 million tonnes cargo during FY2017-18

April 19, 2018: During the financial year 2017-18, VO Chidambaranar Port Trust  handled cargo traffic of 36.58 million tonnes against the previous year's achievement of 38.46 million tonne...

CMA CGM reaffirms commitment to tread on green path

CMA CGM reaffirms commitment to tread on green path

April 18, 2018: The CMA CGM Group has welcomed the adoption, by member countries of the IMO, of a strategy aimed at reducing carbon emissions by 50 percent in 2050 in the maritime transport industry.T...

APM Terminals starts integrated cold chain solutions

APM Terminals starts integrated cold chain solutions

April 18, 2018: APM Terminals inaugurated its first state-of-the-art cold storage warehouse in India, which will ensure reliable and stable transport of cargo, including goods such as fish, fruits, me...

JNPT to roll out DPD transport solution

JNPT to roll out DPD transport solution

April 12, 2018: The Jawaharlal Nehru Port Trust has been working on an innovative transport solution to achieve seamless and faster movement of cargo from the port to respective destinations through D...

CMA CGM commences Ocean Alliance Day Two Product

CMA CGM commences Ocean Alliance Day Two Product

April 11, 2018: CMA CGM Group is starting the Ocean Alliance Day Two Product. Based on the success of Ocean Alliance, the Ocean Alliance Day Two Product strengthens CMA CGM’s service offering by p...

APM Terminals Mumbai handles record number of containers in 2017

APM Terminals Mumbai handles record number of containers in 2017

April 7, 2018: APM Terminals Mumbai handled a record 2.3 million TEUs during 2017-18. This is the terminal’s highest volume performance since the terminal was built in 2006. The terminal handled ove...

Major Ports register positive growth of 4.77 percent during 2017-18

Major Ports register positive growth of 4.77 percent during 2017-18

April 9, 2018: The major ports in India have recorded a growth of 4.77 percent and together handled 679.35 million tonnes of cargo during the period April 2017 to March 2018 as against 648.39 million ...

Turnaround in India’s 2017 trade paves way for a successful 2018: Maersk

Turnaround in India’s 2017 trade paves way for a successful 2018: Maersk

April 3, 2018 - In Q4 2017, India recorded a strong 14 percent containerised export growth, exceeding collective increases seen in the previous quarters, resulting in full year growth of 10 percent. M...

Maersk Line to facilitate customers with export, import service offerings at Kakinada port

Maersk Line to facilitate customers with export, import service offerings at Kakinada port

April 3, 2018: Maersk Line India has announced the introduction of export and import service offerings at Kakinada port in Andhra Pradesh. This end to end service (store door) will enable customers in...