Search result for Shipping
Chemical Explosion At A Shipping Container Depot
An unfortunate event occurred at a depot of shipping containers in Bangladesh. The fire sparked in the depot of shipping containers and ended up killing forty-nine people and injuring a great number of people. It was assumed that the number of injuries and casualties has risen since the fire expl...
MSC Thailand Using Digital Approach for Deliveries
The Mediterranean Shipping Company Thailand has implemented the CODEX Electronic Delivery order Service for digitalizing deliveries.
Kale Logistics Solutions, an IT solution provider developed this product that was brought to Thailand by TIFFA EDI for supporting local users during the p...
MSC Thailand Partners with Kale Logistics
Thailand's Mediterranean shipping company (MSC) signs a partnership with Kale logistics to digitally deliver documents across the supply chain.
In collaboration with Tiffa EDI, services Kale logistics will provide services of CODEX Electronic Delivery Order (e-DO) to the MSC Thailan...
Amazon and IKEA have committed to use zero-carbon marine fuels to speed up decarbonization
Amazon.com Inc and IKEA are commercial users of container shipping. Both these companies have decided to opt for zero-carbon marine fuels by 2040. This new initiative is aiming to speed up decarbonization in the maritime sector.
Highlights
- Amazon...
INDIA’S COVID SECOND WAVE HAMPERED THE GLOBAL SHIPPING INDUSTRY
Highlights:
- The huge second wave of the coronavirus pandemic in India has affected the international shipping industry.
- Some of the ports have restricted ships from changing crew members who have recently traveled from India.
- The surge in n...
SHIPPING GIANT SINO- GLOBAL GETS INTO BTC MINING
Highlights:
• Sino Global will expand its business portfolio into crypto mining
• The shipping giant will continue its orig...
OIL LEAKED BY JAPANESE FREIGHTER IN MAURITIUS COASTLINE REMOVAL ALMOST COMPLETE
Highlights –
- Oil leaked by Japanese freighter in Mauritius coastline removal almost complete.
- The bulk carrier Wakashio is owned by Nagashiki Shipping Co. in Okayama Prefecture.
- Nagasiki Shipping official mentioned the visible oil has...
HMM DELIBERATING TO CONSOLIDATE TERMINAL FOOTHOLD AT PORT OF LONG BEACH
- HMM (formerly known as Hyundai Merchant Marine) is planning to extend its terminal foothold at the Port of Long Beach on the west coast of the United States.
- The decision was reputedly based on the need to expand infrastructure at the port, a vital access to the United States
MITSUI O.S.K LINES TO SUPPORT MAURITIUS AFTER OIL SPILL BY SPENDING $9.4 MILLION
Highlights –
- Mitsui O.S.K lines to support Mauritius after oil spill by spending $9.4 million.
- The Japanese freighter ran aground in the coasts of Mauritius on July 25.
- Mitsui O.S.K will also set up a $75,31,715.20 fund to clean up t...
SHINJIRO KOIZUMI VOWS TO HELP MAURITIUS FOR THE DAMAGE CAUSED BY OIL SPILL
Highlights –
- Shinjiro Koizumi vows to help Mauritius for the damage caused by oil spill.
- He vowed to restore the nature of Mauritius and investigate the damage so caused.
- Japan has sent three relief disaster teams to help to Mauritiu...
ØRSTED SUPPORTING DANISH OFFSHORE WIND-POWERED HYDROGEN PROJECT
HIGHLIGHTS
- Ørsted is supporting some other Danish companies to bring a wind-powered hydrogen project to fruition.
- Ørsted is going to produce clean fuel for buses, planes, ships, and trucks.
Being the largest offshore wi...
JAPAN ASKED TO PAY $34 MILLION BY MAURITIUS AS SUPPORT FOR THE LOCAL FISHERMEN
Highlights –
- Japan asked to pay $34 million by Mauritius as support for the local fishermen
- The oil leak by the Japanese vessel has affected the local fishermen’s livelihood adversely.
- Around $30,262.79 will be required to cons...
GREEK CARGO SHIP CATCHES FIRE IN ARABIAN SEA
HIGHLIGHTS
- A Greek Cargo ship caught fire in Arabian Sea on 19 AUG 2020.
- 18 crew members were onboard at the time of accident.
- There are casualties on this ship.
- The Shipping Ministry of Greece has confirmed the incident. <...
CAPTAIN OF JAPANESE FREIGHTER THAT RAN AGROUND THE COAST OF MAURITIUS ARRESTED
Highlights –
- Captain of Japanese freighter that ran aground the coast of Mauritius arrested.
- The captain so arrested is of Indian national.
- The crew comprised of three Indians, one Sri Lankan and 16 Filipinos.
- The captain ...
DENMARK’S MAERSK AIMS TO REDUCE CARBON EMISSIONS BY 2050
Highlights –
- Maersk is aiming for reduced carbon emissions in the shipping industry.
- It plans to build a research center in Denmark concentrating the same.
- The shipping industry accounts for around 3% of global carbon emissions. ...
CHINA SHIPPING PIGS FROM FRANCE
Highlights:
- Volga-Dnepr, an aviation group of France, has flown more than 3,000 breeding pigs to China from France.
- The animals were transported in wooden crates in the Boeing 747 cargo plane.
- This measure is taken to restore local li...
OCEAN SHIPPING FACING PROBLEMS ALONG WITH RETAILERS
HIGHLIGHTS
- Due to coronavirus, all businesses are on hiatus. Hence, container shipping industry is also not earning revenue.
- Retailers have surplus stock because customers are not coming not stores to buy it. And hence, retailers do not have money to ...
HANA FINANCIAL AND HAHN & CO. BECOME JOINT OWNER OF H-LINE SHIPPING
Highlights –
- Hana Financial Group and Hahn & Co. to acquire H-Line Shipping, at initial capital of $1.45 billion.
- Hana Financial Group has entered a strategic partnership with Hanh & Co.
- Hana Bank will lead-manage the financi...
AMIDST CORONAVIRUS CRISIS, HUGE BLOW TO EURO-ASIAN COUNTRIES AS THE 2M ALLIANCE CUTS DOWN SERVICES
Highlights
• Shipping giants MSC and Maersk announce cut down in services
• Other alliances soon to announce cut down if services
• Decline in demand from western consumer markets
Two of the world's largest ocean carriers, MSC and Maersk ...
UAE-based Grandweld Shipyard concluded 2019 with exceptional performance
Continuing to grow its business, Grandweld Shipyard, the UAE-based shipyard specializing in ship and boat design, construction and maintenance, concluded 2019 with exceptional performance, giving it a strong momentum to achieve better results in 2020. The shipyard signed an agreement with Khalid ...