Enormously challenging situation, Hapag Lloyd ends India Gulf Service 2

In a recent advisory, the German shipping line Hapag Lloyd announced the termination of its India Gulf Service 2 (IG2). “The current situation in India is still enormously challenging, also for logistics companies like ours. This is why we, unfortunately, have to terminate our established India Gulf Service 2 (IG2). Nevertheless, we will be able.

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Hyundai Glovis seals five-year transportation contract with Volkswagen

Hyundai Glovis, the auto shipping unit of South Korea’s Hyundai Motor Group, has signed a five-year maritime transport contract with Volkswagen Group. The contract is the company’s largest ever from a global automaker, and will see the company handle all sea transportation for finished cars exported from Europe to China by Volkswagen, Audi, Porsche, and Bentley..

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Customs Department may take at least a week to clear pile-up of Chinese cargo

Pending cargo imports from China — textiles, pharmaceuticals, electronics, embellishments or engineering goods — are now being cleared by the Customs department across ports without 100 per cent physical examination. However, it may take about a week for the consignments stuck at various ports to be cleared, a government official has said. “As consignments were.

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Orient Express Lines rebrands as Strait Orient Lines

Singapore’s intra-Asia boxship operator Orient Express Lines has rebranded as Straits Orient Lines Singapore (SOL), effective today. The company said the new name affirms the company’s regional focus as SOL honours the Straits of Singapore and Malacca as their principal channel of trade and defines their focus in their core competency regions of the Bay.

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Afghanistan transits 76-TEU cargo to India through Chabahar

Afghanistan has sent 39 containers with a total capacity of 76 twenty-foot equivalent unit (TEU) to India through Iran’s southeastern Chabahar port, IRIB reported, quoting Behrouz Aghaei, the director general of Sistan-Baluchestan Ports and Maritime Department. According to Aghaei, 30 refrigerated containers and nine conventional ones (a total of 76 TEUs) were shipped from Chabahar.

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ZIM and Maersk Container Industry grow their business collaboration

ZIM Integrated Shipping Services has expanded its reefer fleet with an additional 500 Star Cool reefers, this time upgraded with Controlled Atmosphere (CA), supporting ZIM’s growth in new markets for perishable cargo. This is the fourth consecutive order from ZIM for Maersk Container Industry and it showcases the ongoing collaboration and partnership between the two.

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DGFT to release brand new electronic system for shipping of companies

The trade administrative agency’s overseas profession upper arm DGFT is actually releasing an electronic system for shipping of companies like publication of Import-Export Code (IEC), a technique targeted at marketing convenience of representing investors. The system will certainly be actually turned out in periods as well as the initial period is actually planned to go.

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