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Hapag-Lloyd Invests in Growing East African Market

Chennai: Port Wings News Network: Hapag-Lloyd is continuing to focus on the growing market in East Africa. With annual growth rates of approximately six percent, the region tops the list on the African continent. Kenya, in particular, is developing with significantly rising import and export figures as well as massive …

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US Soybean Cargo Docks in Chinese Port, Finally

Chennai: Port Wings News Network: A ship carrying soybeans from the United States docked in the port of Dalian on Saturday, 11th August,   more than a month after it arrived off China’s coast just as hefty tariffs were imposed on U.S. goods, according to Thomson Reuters Eikon shipping data. The …

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German Shipping Company Hapag-Lloyd Reports $80 Million Loss

 Chennai: Port Wings News Network :  German shipping company Hapag Lloyd said it accelerated cost cuts in the first half of 2018 to offset higher operating costs from fuel costs, charter rates and a slow recovery in freight rates. The Company said that they have implemented additional measures to recover …

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Maersk, IBM Introduce TradeLens Blockchain Shipping Solution

Chennai: Port Wings News Network: In a follow up to their January announcement, A.P. Moller – Maersk (MAERSKb.CO) and IBM (NYSE: IBM) on 9 August announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the world’s global supply chain. TradeLens is the result of …

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2-Day DOSTAS International Maritime Seminar Kicks Off in Kochi

Kochi: Port Wings News Network: Department of Ship Technology Alumni Society (DOSTAS), a registered alumni association of Department of Ship Technology, Cochin University of Science & Technology (CUSAT) is hosting its first edition of DOSTAS International Maritime Seminar (DIMS-2018) on 3 and 4 August 2018 at Hotel Crowne Plaza, Kochi. …

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Survey Launched on Welfare Needs of Superyacht Crew

Chennai: Port Wings News Network: The International Seafarers’ Welfare and Assistance Network (ISWAN) is partnering with MHG Insurance Brokers to launch a survey of seafarers who work on superyachts to investigate welfare issues specific to the sector. Questions will be asked on food, cabins and communications, as well as the …

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JMVP Creates Access to Markets Through Water Transport

New Delhi: Port Wings News Network The Inland Waterways Authority of India (IWAI)  has set out on a massive public outreach initiative along river Ganga on National Waterway-1 to help push rural economy to connect with waterways. As part of a month long dialogue series extending from Varanasi to Haldia …

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