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Cargo & Shipping

Vizhinjam Port: A Promising Start Amidst Infrastructure Hurdles

Vizhinjam, Kerala – The Vizhinjam International Seaport is already making headlines, even before its official launch. With a remarkable contribution of approximately ₹4.7 crore to Kerala’s exchequer during its trial run from July 11 to October 1, the port is…

Maersk latest Container Vessel, named Alexandra Maersk

Felixstowe, 9 October 2024 – A.P. Moller – Maersk celebrated the naming of its latest dual-fuel methanol container vessel, “Alexandra Maersk,” in a ceremony held at the Port of Felixstowe, UK. The event was attended by UK’s Maritime Minister Mike…

Department of Posts and Amazon Sign Landmark MoU

The MoU is set to Boost Logistics and E-commerce in India. However to ensure Amazon might have to extend its Expertise and CSR Funds to address the Challenges In a major step towards enhancing the logistics ecosystem in India, the…

Enhancing Vessel Sharing Agreements (VSAs) in India

The Directorate General of Shipping, under the Ministry of Ports, Shipping, and Waterways, has drafted a notification on Regulations for Vessel Sharing Agreements (VSAs) in accordance with Section 54 of the Competition Act, 2002. This draft aims to promote fair…

5% TEU Allocation Mandate for Indian Flag Vessels Soon

The DG Shipping has floated a proposal for enhancing vessel-sharing agreements (VSAs) in India. It is expected to have significant global and national benefits, particularly for the shipping and logistics industry.  For the same it has invited Public Comments and…

New PANS Procedure for Ships Entering Indian Ports

India Implements New Pre-Arrival Notification of Security (PANS) Procedure for Ships Entering Indian Ports New Circular Consolidates Guidelines to Streamline Compliance for International and Domestic Vessels Mumbai, September 12, 2024 — In a significant move aimed at bolstering maritime security…

Maersk and Hapag-Lloyd to Revolutionize Ocean Freight

Two Robust Network Options Promise Industry-Leading Schedule Reliability In a significant move to enhance global shipping reliability, Maersk A/S and Hapag-Lloyd AG have announced the launch of their operational collaboration, the Gemini Cooperation, set to go live in February 2025….

Maersk Opens Largest Logistics Park at Jeddah Islamic Port

Jeddah : In a major development for the Maritime industries logistics industry in the Middle East, A.P. Moller – Maersk (Maersk) has inaugurated its largest single-site Logistics & Services facility at Jeddah Islamic Port, Saudi Arabia. Spanning 225,000 square meters…

The Struggles of the Gujarat Maritime Board

Challenges in the Development and Regulation of Non-Major Ports The Gujarat Maritime Board (GMB) has long been recognized as a pioneering institution in the Indian maritime sector, credited with managing the state’s extensive coastline and overseeing the development of non-major…

Threats of Maersk’s SH3 on Local Traders

While the introduction of Maersk’s SH3 service between China and Bangladesh offers significant opportunities for local traders, it is also said to pose several short-term and long-term threats. This has increased the need of Local businesses to strategically adapt to…