Swan Defence and Heavy Industries Limited Wins Landmark Order for India’s First Ammonia Dual-Fuel Vessels
In a major boost to India’s shipbuilding and green maritime ambitions, Swan Defence and Heavy Industries Limited (SDHI) has secured a prestigious order to construct the country’s first ammonia dual-fuel bulk carriers, signalling a significant transition towards sustainable and future-ready shipping solutions. The order has been awarded by Energy ONE Limited and involves the construction […]
MSC Vessel Call at Kochi Port Highlights Rising Container Volumes and Capacity Handling
A recent vessel call by MSC Mediterranean Shipping Company at Cochin Port has underscored the port’s growing capability to handle large container ships and increasing cargo volumes. According to port sources, the MSC container vessel—estimated to have a capacity in the range of 6,000–8,000 TEUs (Twenty-foot Equivalent Units)—successfully berthed at the port, handling a substantial […]
A New Era for Indian Maritime: Hapag-Lloyd’s ₹20,000 Crore Strategic Commitment
India is emerging as a global logistics powerhouse, and Hapag-Lloyd—the world’s fifth-largest container shipping firm—has just sealed the deal. The German giant signed a Letter of Intent (LOI) with India’s Ministry of Ports, Shipping, and Waterways, committing around ₹20,000 crore (about $2.4 billion) to boost the country’s ports, shipping, and related services. CEO Rolf Habben […]
DHL Expands Dedicated Airfreight Cold Chain Network to Meet Rising Global Pharmaceutical Demand
In a strategic move to reinforce its position in the fast-growing healthcare logistics sector, DHL Group has announced a major expansion of its dedicated airfreight cold chain network. The initiative forms part of the Group’s €2 billion (₹213.82 billion) investment into its DHL Health Logistics division, aimed at strengthening infrastructure for the secure, compliant, and […]
India, Vietnam, Mexico, UAE, Brazil emerge as vital trade hubs
Trade in Transition study finds firms being forced to adapt to rising protectionism and shifting geopolitical alliances Three quarters of businesses worldwide are overhauling supply chains by working with MORE rather than LESS suppliers to mitigate risks in an increasingly fragmented global environment. The fifth annual Trade in Transition study highlights this strategic pivot, driven […]
Each day of potential US port strike to cause 5- 10 days of backlog
The strike could create a domino effect across the global supply chain, causing backlogs, equipment shortages, and increased shipping costs. With labour contracts between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) set to expire in September 2024, a potential strike could halt operations at U.S. East Coast and Gulf Coast […]
U.S. East Coast ports to start operations, ILA calls off strike
Tentative deal includes a 62% wage hike over six years; ILA, USMX to negotiate all other issues including automation. The three-day strike across U.S. East Coast ports was called off after a tentative agreement was reached between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX). The agreement extends the Master Contract […]
Gemini Cooperation: FMC requests additional information
“Agreement as submitted lacks sufficient detail to allow for a complete analysis of its potential competitive impacts.” The U.S. Federal Maritime Commission has sought more information from Maersk and Hapag-Lloyd on the proposed Gemini Cooperation. “Maersk and Hapag-Lloyd filed the Gemini Cooperation Agreement (No. 201429) at the Commission on May 31, 2024. The agreement would […]
Trans-shipment charges at Vizhinjam lower than at Colombo port
The logistics industry is buzzing about Vizhinjam Port’s recent operationalization, especially because of its competitive trans-shipment charges. By providing more affordable options than Colombo Port, Vizhinjam has established itself as a competitive substitute for international trade routes. Vizhinjam Port’s Strategic Advantages Vizhinjam Port, situated in Kerala, is strategically positioned close to international sea routes, which […]
Shadowfax unveils centre in Surat with 10 lakh orders per day processing capacity
Logistics and delivery solutions firm Shadowfax has announced its largest fulfillment center in Surat, Gujarat. The facility, a distribution center (DC), spans over 1.5 lac sq ft and has a daily processing capacity of 10 lakh orders. The e-commerce service provider and hyperlocal company says that the newly launched hub integrates technology, including an advanced […]
