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Manual, time-consuming administrative processes are replaced with digital procedures powered by blockchain technology.

DP World joins Maersk's blockchain-powered platform TradeLens

28 May 2020 1:12 PM IST
May 28, 2020: DP World has completed the early stages of integration with TradeLens, a blockchain-based digital container logistics platform, jointly...
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Labour shortage and COVID-19 restrictions caused ports in Mumbai and Kandla face serious issues, especially during this peak sugar season.

Angré Port handled 22,000 MT sugar exports in April amid labour crunch

28 May 2020 1:06 PM IST
May 28, 2020: Angré Port, the all-weather port in the Konkan region, has handled 22,000 MT of sugar exports in April 2020 even as the industry has...
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The shipper of the wind blade is Nordex India, Thiruvallur, and the cargo is consigned by Nordex Energy GMBH, Germany, to Port of Antwerp, Belgium.

 Tuticorin Port handles 72 m long wind blade; longest made in India

28 May 2020 10:09 AM IST
May 28, 2020: VO Chidambaranar Port, Tuticorin, on May 26 handled wind blade of length 72.40 metres, the longest of its kind made in India. 
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During the period of lockdown from March 22, 2020, to May 24, 2020, JNPT handled 610,405 TEUs and 913,233 MT of liquid and bulk cargo.

JNPT completes 31 years of operation; lists efforts to help clients during Covid-19  

27 May 2020 6:42 PM IST
May 27, 2020: Jawaharlal Nehru Port Trust has completed 31 years of operation with some major projects and strategic initiatives underway and listed...
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UN must sway govts to avoid ‘humanitarian disaster’: shipping industry

UN must sway govts to avoid ‘humanitarian disaster’: shipping industry

25 May 2020 11:19 AM IST
May 25, 2020: The United Nations secretary-general has been urged by global industrial and shipping leaders to persuade his 193 member states to act...
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Angre Port is looking forward to a business swell in post-lockdown times

Angre Port is looking forward to a business swell in post-lockdown times

25 May 2020 12:00 AM IST
Angre Port anticipates that, once the pandemic dies out and industrial operations get back to near-normal levels, there will be an upsurge in the...
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In the lockdown period, the terminal has handled 19 rakes and the rail volume has seen a four-fold increase.

DP World Cochin handles 50,000 TEUs in 50 days of lockdown

20 May 2020 1:19 PM IST
May 20, 2020: The global logistics company, DP World operated International Container Transshipment Terminal (ICTT) at Cochin handled over 50,000 TEUs...
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While the total number of announced blank sailings have now crossed the 500-mark, there has only been an increase of 7 over the past week.

Blank sailings plateauing, spot rates maintain strength: Sea-Intelligence

19 May 2020 2:45 PM IST
May 19, 2020: Sea-Intelligence in its week’s issue discussed the plateauing of new blank sailings announcements, the slump in container volumes in...
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The demand is driven by customers relying on e-commerce to navigate in a business environment which has seen record numbers of employees working from home.

Maersk reports 90% increase in digital platforms usage amid Covid-19

16 May 2020 10:49 AM IST
May 16, 2020: Maersk witnessed record demand increase of 90 percent in its digital applications for online business transactions amid lockdown and...
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The company held its 346th Board Meeting on May 13 to approve its Q1 financial report of 2020.

Yang Ming reports $1.15 billion revenue & $27.15 million loss in Q1

15 May 2020 3:47 PM IST
May 15, 2020: Yang Ming Marine Transport Corporation (Yang Ming) announced its consolidated revenues of Q1 totalled NTD 34.64 billion ($1.15 billion),...
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MSC Trade Finance has already started to help companies in India to get cash in more quickly and have better, more flexible control over their cash flow.

MSC selects India to launch its shippers trade finance solution

15 May 2020 2:31 PM IST
May 15, 2020: The transport and logistics firm MSC Mediterranean Shipping Company has selected India as the first market to launch its new trade...
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In the first quarter, operating earnings increased by 23 percent year-on-year, and cash return on invested capital increased by 3.5 percentage points to 10.5 percent.

Maersk expects global Q2 volumes to decrease 20-25%, across all businesses

15 May 2020 1:03 PM IST
May 15, 2020: With its Q1 financial results registering a strong start to the year, A.P. Moller – Maersk also announced that it expects the Q2 volumes...
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