Nico international wins the “outstanding performance award 2018“

In continuing its successful run of offering the best of services worldwide, NICO International wins the prestigious “Outstanding Performance Award 2018” awarded by NIIGATA Power Systems Co. Ltd. at Japan. The award was presented by Mr. Koji Sato – Director of customer service / head of spare parts division – NIIGATA power Systems Co. Ltd.
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Team Tankers International Ltd. (OSE: TEAM) reported EBITDA for the 2nd quarter of $6.7 million, compared with $2.5 million in the 1st quarter of 2018 (Q2’17: $3.1 million). Net income in the 2nd quarter of 2018 was $4.4 million compared with a net loss of $7.3 million in the 1st quarter of 2018 (Q2’17 net
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Kalmar, part of Cargotec, has secured an order to supply 15 units of container handling equipment to Shanghai International Port (Group) Co., Ltd (SIPG). This order, including a total of 4 units of Reachstackers and 11 units of Empty Container Handlers, has been booked into the Cargotec 2018 second quarter order intake. Delivery of the
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COSCO Shipping International saw its turnover from continuing operations jump by 271% in the second quarter of 2018. The logistics management company posted a turnover of SGD 40 million (USD 29 million) for Q2 2018, mainly driven by the turnover of SGD 32.3 million from newly acquired logistics businesses, the 100% acquisition of Cogent Holdings
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The Commerce and Industry and Aviation Minister, Mr Suresh Prabhu, has launched Niryat Mitra – Mobile App promoting India’s international trade. The app, developed by the Federation of Indian Export Organisations (FIEO), is available both on Android and on iOS. It is a unique mobile application providing wide range of information required to undertake international
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An unspecified number of pirates attacked a merchant vessel at 1722 hrs local time off the coast of Baraawe. Further details of the incident were not provided. The vessel was reported safe in the port of Baraawe. PGI Analysis: Recent piracy incidents off the Somali coast have been concentrated in the Gulf of Aden and
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It is estimated that about $ 4 trillion worth of goods are shipped annually across the globe, 80 per cent by ocean freight. The cost of documentation and administration of the freight processes has also equally increased to one-fifth of the physical transportation cost. It is thus vital now to re-evaluate the impact of traditional
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An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed on 19 July between the global trade enabler and the Zhejiang China Commodities City Group, providing further impetus to China’s
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MUMBAI: The International Maritime Organization’s (IMO) governing body, the IMO Council, approved the Women’s International Shipping and Trading Association (WISTA International) application for consultative status on 5 July 2018. “Consultative status gives us the opportunity to promote diversity, inclusion and women’s empowerment, which are our main aims,” said WISTA International President Despina Panayiotou Theodosiou. “We
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DUBAI: An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the global trade enabler and the Zhejiang China Commodities City Group, providing further impetus to China’s Belt and
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