India Inks An MoU To Construct Sri Lanka’s Largest Cold Storage Facility

COLOMBO: India will fund a sum of Rs. 300 million to construct a large cold storage facility at Dambulla near Colombo Port and a Memorandum of Understanding was signed on September 20 at Colombo. The MoU was signed between the Ministry of National Policies and Economic Affairs and the Government of India, under the directions
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LONDON: Greece is still by some way the largest shipowning Country, but the gap is closing as China’s fleet expansion continues at a rapid rate as it overtakes Japan for the number two position. China has just become the world’s second largest shipowning Country and the numerous giant ore carriers, tankers and containerships scheduled for
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FAST-GROWING European logistics operator GBA Services is backing its business confidence with a spend of over £4 million on its largest-ever vehicle pur-chase—driven by continuing growth in demand and a significant new entry into FMCG store delivery work. At the company’s most recent management conference, it set out its “One GBA” vision, which includes doubled
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BT deploys a secure and resilient industrial wireless backbone solution for DP World Antwerp based on Rajant’s Kinetic Mesh® technology BT today has announced the completion of an innovative, secure and resilient wireless backbone network on behalf of DP World Antwerp for its Antwerp Gateway in Belgium, one of Europe’s busiest container terminals. The innovative
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It was a Red-Letter Day for Chennai Port on 31 August 2018, when the port became the first major port to handle a very large crude carrier (VLCC) inside the port’s wharf. Make the day more memorable to the port management, Mr Pon Radhakrishnan, Union Minister of State for Shipping and Finance, was present in
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DUBAI: Global trade enabler, DP World has announced the signing of the acquisition of 100% of the Unifeeder Group ( “Unifeeder” ) for Euro 660 million from Nordic Capital Fund VIII and certain minority shareholders. Based in Aarhus (Denmark), Unifeeder operates the largest and most densely connected common user container feeder and an important and
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Construction of two container ships with the carrying capacity of 22,000 TEUs, which would make them the largest container vessels in the world, began on Thursday, the paper.cn reported. The two are among nine 22,000 TEU vessels deal signed by French container shipping operator CMA CGM and China State Shipbuilding Corporation (CSSC) in September last
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An Aframax tanker is scheduled to deliver the largest shipment of crude oil from Vancouver to China since January 2015 later this month, Thomson Reuters trade flow data show. For years, Canadian officials have pushed for an escalation in crude exports to rapidly growing Asian markets, but companies in oil-rich Alberta have limited capacity to
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Mitsui O.S.K. Lines, Ltd. yesterday announced that 20,000 TEU containership, MOL Truth(Note), one of the world’s largest containerships, has received the “Ship of the Year 2017” award from the Japan Society of Naval Architects and Ocean Engineers (JASNAOE). The award is given for the highest levels of technology, design, and social responsibility among vessels made
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Shri Nitin Gadkari, Hon’ble Minister for Road Transport & Highways, Shipping & Water Resources, to inaugurate facility •             24 MTPA mechanised iron ore handling complex built on the outer harbour of Vizag Port at an investment of Rs 830 crore •             Expansion strengthens nation’s vision of Sagarmala and coastal cargo movement •             Can berth Super
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