Blogs

Japan-Based Ocean Network Express Launches A New Container Storage Centre At Hamburg Port Along With UCS Hailing from Japan, Ocean Network Express has introduced a new container storage centre at the Port of Hamburg by collaborating with Universal Container Services (UCS). The current manager of inland operations and procurement at Ocean Network Express (more commonly known as the ONE), Johan Pijpers is of the opinion that ONE is always striving at hard to offer top-notch services to its customers while making sure that the organization experiences growth at one of the busiest ports in Europe, the Port of Hamburg. Inland Water Transport In Assam Is Soon To Witness An Increased Cargo Movement Along The Mighty Brahmaputra River The inland water transport in Assam will very soon experience a massive boost when it comes to cargo movement along the famous Brahmaputra river along with the foundation of a brand-new ship repair facility at Pandu. The two Memorandums of Understanding signed under the aegis of the Ministry of Port, Shipping and Waterways will feature an agreement between the Inland Waterways Authority of India (IWAI) and Numaligarh Refinery Limited (NRL) that will allow the smooth transaction of 13 Over Dimensional Cargo or ODC along with the project cargo of NRL via the Indo-Bangladesh Protocol Route, the Dhansiri river route and the Brahmaputra waterways. India Requires A International-Style National Container Line To Free The Exporters From Unfortunate Container Shortages India is currently on the lookout for a national container line that meets global standards and will greatly contribute to rescuing the exporters from the unfortunate container shortages prevalent during these difficult times. The recent space crunch on ships has caused record high freight prices when the exports are doing really well. In fact, the merchandise exports in our country had reached an unbelievable all-time high at $35.17 billion in the month of July. APM Terminal And Navin Jindal Group Have Recently Submitted Final Bids For The Acquisition Of R-Naval APM Terminal has submitted the final bid for acquiring R-Naval along with Navin Jindal Group and these two well-known organizations are among the first three firms to take the first step. As a matter of fact, R-Naval has a pending debt of Rs.11,000 crores and the associated banks have already come forward to pay off 100 percent of the debt, and that too for the past 8 years now. The lead banker of R-Naval is IDBI while the duct will be resolved through the involvement of NARCL AMC. South Korean Organizations POSCO And KSOE Share Plans to Build A Liquified CO2 Carrier Vessel POSCO and KSOE are well-established South Korean companies that are planning to launch a new-age liquefied CO2 carrier vessel that will go-ahead to play an integral role in the global carbon capture and storage procedure to achieve the much-awaited target of decarbonization in the long run. The Korean project is conceptualized an advanced design for an upcoming commercial vessel by 2025 that will be well-equipped to move 20,000 cubic metres of liquefied CO2. Sources: https://splash247.com/one-and-ucs-open-hamburg-container-centre/ https://www.maritimegateway.com/inland-water-transport-in-assam-is-poised-for-a-big-leap/ https://www.maritimegateway.com/india-needs-a-mega-box-carrier/ https://www.maritimegateway.com/apm-terminal-navin-jindal-bid-for-reliance-naval/ https://maritime-executive.com/article/ksoe-and-posco-enter-race-to-design-lco2-carrier