Egypt’s NREA signs full renewable deal with SCCT terminal
Kiyaan Singh
Suez Canal Container Terminal will source all of its electricity from solar and wind under a power purchase agreement signed with Egypt’s New and Renewable Energy Authority, making one of…
Egypt’s NREA signs full renewable deal with SCCT terminal
Suez Canal Container Terminal will source all of its electricity from solar and wind under a power purchase agreement signed with Egypt’s New and Renewable Energy Authority, making one of…
CMA CGM Nears $1.4B Deal for FedEx Supply Chain
CMA CGM is close to buying FedEx Supply Chain, FedEx’s third-party logistics arm, for $1.4 billion in cash, citing people familiar with the talks. A deal could land the same…
MSC Invests $1.4bn for 49% of Adani’s Vizhinjam Port
Terminal Investment Limited, MSC’s terminal-operating arm, will pay $1.397 billion for 49% of Adani Vizhinjam Port Private Limited, valuing India’s first deep-draft trans-shipment hub at $2.85 billion. Adani Ports called…
Why the Tanker Market Now Moves on Geopolitics
Ten operators now control 57 percent of the VLCC fleet, up from under half a year ago, and rates sit at their highest since early 2020. Gibson, the shipbroker, calls…
Deendayal Port Authority Breaks India’s 24-Hour Record
Kandla just set a single-day cargo record. Deendayal Port Authority moved 7.78 lakh tonnes of cargo through Kandla on June 26, the highest single-day total any Indian port has recorded.…
India to absorb 90% of MSME CBAM compliance cost
The Centre is working on a scheme to cover 90 per cent of the CBAM compliance bill for India’s small exporters a cost industry pegs at ₹15–20 lakh per unit…
CMA CGM Adds 8th Weekly Block Train to Mundra Port
CMA CGM India has opened a new weekly export block train from the Garhi Harsaru inland container depot in the National Capital Region to Mundra Port, running every Thursday at…
Kongsberg Maritime leads EU wind propulsion project
Kongsberg Maritime will lead AWESOME, a Horizon Europe project bringing 15 European partners together to test wind-assisted propulsion at sea and build the tools shipowners need to price the fuel…
Maersk Eyes India-Made Containers Over China
Maersk says it is exploring sourcing containers from Indian companies a quiet line that lands just as New Delhi commits ₹10,000 crore to building container plants of its own. The…
Mumbai Port unveils ₹5,028 crore, 63-project pipeline
Union shipping minister Sarbananda Sonowal unveiled a ₹5,028.17 crore, 63-project pipeline at Mumbai Port Authority’s 154th Foundation Day on June 25 most of it aimed at waterfront, cruise and energy…