8 Ultramaxes in the Bag for AVIC International

AVIC International Leasing has been tied to an order comprising eight Ultramax bulk carriers at freshly restructured Dayang Shipbuilding based in Yangzhou, China. The ships range in size from 61,000 dwt to 63,500 dwt, according to the data from Asiasis. Details on the delivery and ship prices were not disclosed. After declaring bankruptcy in 2017,
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SHENZHEN, CHINA: Higher interoperability among marine terminals, carriers, logistics providers, and customs authorities is needed to create a web of systems — or “Internet of Logistics” — that helps shippers manage the inherent complexities in container movements, PSA International Group CEO Tan Chong Meng said. Shippers also need to engage more technologically with container terminal
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NEW DELHI : Rupee depreciation does not benefit exporters, instead, a stable currency is needed for long term sustainable growth of India’s international trade, industry body CII said recently. In the present globalised environment, majority of costs like raw material, shipping charges, warehousing and other related services are denominated in foreign currency or at import
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Glander International Bunkering, a leading marine fuel and lubricant trading firm, has now opened in Valencia, Spain. The Valencia office will be the company’s seventh office globally and third service point in Europe, serving clients in the Mediterranean and Spanish-speaking regions. As the new Managing Director of the Spain office, Hernan B. Ortiz has officially
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There would be tremendous boost to Exim trade between India and West Asia and European countries using INSTC route in the days to come, Dr. Anup Wadhawan, Commerce Secretry, Government of India, has said. Speaking at a conference on International North South Transport Corridor (INSTC) on 25 September in New Delhi, Anup Wadhawan said, “We
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GENEVA :ICC has welcomed a statement from G20 Ministers recognizing the need to step up efforts to mitigate risks and enhance confidence in international trade at what they describe as ‘a critical juncture for international trade and investment cooperation.’ Supporting the Ministers’ calls for G20 leaders to continue working collaboratively with other interested parties to
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NEW DELHI: FFFAI jointly with Ministry of Commerce & Industry is organising conference on International North South Transport Corridor (INSTC) on Tuesday, 25th September, 2018 from 2:00 pm to 05:00 pm at Pullman Hotel Aerocity, New Delhi, coinciding with FIATA WORLD CONGRESS 2018.The FWC-2018 will be formally inaugurated on September 26, at 9 am by
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Hutchison Ports Harwich International has become a new base for the British Antarctic Survey’s two ice-strengthened Royal Research Ships, the RRS James Clark Ross and the RRS Ernest Shackleton. The two ships are making their inaugural calls at the port in September before deploying to the Antarctic, where they will remain until summer 2019. Commenting
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G20 international merchandise trade, seasonally adjusted and expressed in current US dollars, contracted in the second quarter of 2018 following eight consecutive quarters of growth. G20 exports declined by 0.6% and imports by 0.9%. In the second quarter of 2018, exports grew in Saudi Arabia (9.7%), India (5.7%), the United States (4.4%), Canada (4.4%), Russia
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G20 international merchandise trade, seasonally adjusted and expressed in current US dollars, contracted in the second quarter of 2018 following eight consecutive quarters of growth. G20 exports declined by 0.6% and imports by 0.9%. In the second quarter of 2018, exports grew in Saudi Arabia (9.7%), India (5.7%), the United States (4.4%), Canada (4.4%), Russia
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