Blogs

Taiwan-Based Yang Ming Marine Transport Launches A New Subsidiary Along With The NAXCO Group In France Over the years, the Yang Ming Marine Transport Corporation has carved out its own special niche in the world of maritime shipping as a top-notch ocean shipping company with its headquarters in Taiwan. In fact, Yang Ming has earned the reputation of being the ninth largest containerline (when it comes to capacity) in the world with an existing fleet of 90 vessels. The organization excels at providing both domestic and foreign maritime services that are focused on the smooth transaction of shipment. In the recent news, Yang Ming Marine Transport has been successful in setting up a new subsidiary in France after collaborating with the renowned NAXCO Group, which is an integrated shipping and logistics provider. Yang Ming has launched a series of weekly services on the popular trading routes like Trans-Atlantic, Intra Europe, Asia-Mediterranean, and Asia-Europe. The new subsidiary will prove to be beneficial in expanding the local trading markets as well as increase Yang Ming’s market value across the Europe-Mediterranean areas. Three India-Based PSA International Terminals Handles Record Volumes In December There is no denying the fact that the Coronavirus pandemic has severely affected the business scenario across the globe and that includes the maritime industry, as well. However, the trade volumes are gradually picking up as the shipping organizations are finally able to surpass the challenges posed by the global calamity. Singapore’s PSA International Terminals has been successful in turning over the fate of their trade volumes as the three India-based container terminals (namely Bharat Mumbai Container Terminals, Chennai International Terminals and SPM Port Trust in Kolkata) have handled no less than 257, 347 teus in the month of December, 2020. The unwavering dedication displayed by the staff, stakeholders and contractors at the terminals has been successful in handling both scheduled and unscheduled vessel calls in spite of the ongoing pandemic crisis. South Central Railway Zone’s Vijayawada Shipped 2,700 Tons Of Soybean Crude Oil From Kakinada To Haldia The Vijayawada division in the South Central Railway Zone has achieved a milestone by supervising the hassle-free shipping of 2,700 tons of soybean crude oil all the way from Kakinada (located in the East Godavari district) to Haldia (located in West Bengal). This achievement definitely highlights the strong marketing strategies implemented by the South Central Railway Zone in effortlessly converting road freight into railway freight without any difficulty. According to the reports, an approximate of 49 BTPN tank wagons have been loaded with soybean crude oil and have been shipped from the Kakinada New Goods Complex to the Haldia Dock Complex. Chennai Container Terminal Has Developed A Brand-New China-East India Service To Boost Connectivity In China And Southeast Asia The Chennai Container Terminal (more commonly referred to as CCT) has recently launched a new China-East India service called the “CI5 service” to improve connectivity to regions in China and Southeast Asia and the service consists of five vessel operators - Goldstar Lines, Wan Hai Lines, BTL, Interasia Lines and KMTC. The CI5 happens to be the first service that aims to establish a direct connection to Kaohsiung in Taiwan and Pasir Gudang in Malaysia. Iranian Vessel Has Anchored At La Guaira Port In Venezuela Confirming The Commercial Alliance Between The Two Nations An Iran-based ship has announced its arrival at the La Guaira Port in Venezuela and this further re-established the strong commercial connection between Iran and Venezuela as targeted by U.S. sanctions. Iran has been consistent in providing a good supply of gasoline to counter the fuel issues as prevalent in Venezuela. Iran has also offered support through food to reach the government’s aid in Venezuela. Sources: https://splash247.com/yang-ming-sets-up-in-france/ https://www.maritimegateway.com/indian-terminals-of-psa-post-record-volumes/ https://www.maritimegateway.com/scr-ships-degummed-soya-from-kakinada-to-haldia/ https://www.maritimegateway.com/dp-world-chennai-develops-direct-connectivity-to-china-south-east-asia/ https://www.marinelink.com/news/iranian-ship-arrives-venezuelan-port-484371