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Mohammad Al Bastaki, director, marine anchorage operations department, Dubai Maritime City Authority

DMCA increases bunkering fleet in Dubai waters to 12 ships

13 July 2020 5:28 PM IST
July 13, 2020: Dubai Maritime City Authority (DMCA) has announced the move to increase the number of licensed vessels to 12 ships, for supplying fuel...
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The global shipping industry is facing geopolitical uncertainties such as the US-China trade negotiations and the US-EU discussions.

Earnings of rated shipping companies to fall 17% in 2020: Moody’s

13 July 2020 12:54 PM IST
July 13, 2020: Moody’s Investor Service in its latest report on global shipping industry expects the aggregate EBITDA of rated shipping companies to...
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A positive effect can already be seen at both terminals since the containers are stored based on their predicted pickup time and must, therefore, be moved less frequently.

HHLA uses machine learning to predict dwell time at Hamburg container terminals

13 July 2020 12:42 PM IST
July 13, 2020: Hamburger Hafen und Logistik AG (HHLA) announced that it is one of the first ports worldwide to use machine learning (ML) to predict...
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Newstandardsenableautomaticsharing ofvesselschedule databetweencarriersandoperational service providers.

DCSA sets standards for digital exchange of Operational Vessel Schedules

11 July 2020 1:09 PM IST
July 11, 2020: Digital Container Shipping Association (DCSA), a neutral, non-profit group established to further digitalisation of container shipping...
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GOCON is known for its ability to deliver effective transportation solutions vide their own and leased fleet across the country.

Portall onboards digital platform Gocon into Port Community System

9 July 2020 4:34 PM IST
July 9, 2020: GOCON, a digital transport aggregator platform that connects operators (trailers and truckers) with shippers, on-boarded the...
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Following several suspicions that undeclared rosewood may have been part of cargo shipments from the Gambia, the group has decided to halt its timber exports from the country until further notice.

CMA CGM tightens shipment control to fight illicit trafficking of protected species

9 July 2020 3:23 PM IST
July 9, 2020: The CMA CGM Group tightened its shipment control procedures for shipping protected species, the trade in which is regulated by the...
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The network was launched in 2019 to promote the benefits of enhanced integration, standardisation and data sharing among stakeholders in the maritime and transport logistics sectors.

MSC joins shipping collaborator platform Smart Maritime Network

8 July 2020 10:39 AM IST
July 8, 2020: MSC Mediterranean Shipping Company has joined the Smart Maritime Network, an industry membership group focused on increasing the...
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The port is witnessing green shoots of recovery post lockdown on account of a pickup in activity in steel, power and mining sectors.

Essar Ports handles 75% more cargo in June compared to April

7 July 2020 1:59 PM IST
July 7, 2020: Essar Ports has recorded a cargo handling of 11.23 million tonnes (MT) during Q1 FY21 ended on June 30, 2020, with June registering 4.41...
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The port also handled dry bulk shipments of 0.41 million metric tonnes and 0.21 million metric tonnes liquid from April to June 2020.

APM Terminals Pipavav handled 186k TEUs & 622 trains amid lockdown

7 July 2020 11:57 AM IST
July 7, 2020: Since March 24, APM Terminals Pipavav handled 18,60,00 TEUs and out of which 11,00,00 TEUs were transported by 622 container trains.
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The current CMA CGM regional office and Neptune Orient Lines will be redesigned as a major regional hub from October 1, 2020, as CMA CGM Asia Pacific Limited.

CMA CGM Group reinforces Singapore as its Asia-Pacific regional hub

7 July 2020 2:33 AM IST
July 7, 2020: The French shipping and logistics company CMA CGM Group announced the reinforcement of Singapore as its Asia-Pacific regional hub from...
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The shipping company will offer alternative weekly service offerings for Hazira - Jebel Ali by existing feeder partners.

Enormously challenging situation, Hapag Lloyd ends India Gulf Service 2

7 July 2020 1:59 AM IST
July 7, 2020: In a recent advisory, the German shipping line Hapag Lloyd announced the termination of its India Gulf Service 2 (IG2).
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Maersk will acquire KGH for a consideration of $279.0 million on a cash and debt-free basis equivalent to a multiple of 16.3x 2019 EBITDA before synergies.

Maersk to acquire Swedish customs broker KGH Customs Services

6 July 2020 3:09 PM IST
July 6, 2020: A.P. Moller - Maersk announced that it has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services...
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