Maersk Pakistan took the bold decision to invest in an Integrated Logistics Park that would act as a warehouse, including a consolidation & fulfilment centre and cold storage, at Port Qasim.
Accommodating 60 POB and 100 POB respectively, these designs are the future enablers to their owner, Shanghai Electric, providing high-efficient, robust, and state-of-the-art O&M service to the end customers.
The vision for ABS Wavesight is to provide their clients with unmatched value through a suite of products that offer integrated solutions vs. fragmented vendor offerings, open APIs vs. closed systems that don’t share data.
Out of fear that he’d eventually be caught for stealing gas oil from his shipping company, a 52-year-old ship’s captain steered the vessel out of Singapore’s waters and reached Indonesia, where he remained for six long years.
Ships transiting the country’s major ports have reportedly been delayed close to Istanbul, where cargoes need to be checked by teams from Turkey, Ukraine, Russia, and the UN — the parties that are part of the Black Sea Grain Initiative.
Archaeologists who are surveying the bottom of Norway’s biggest lake believe that they have successfully discovered the remains of a 700-year-old vessel, the Norwegian Defence Research Establishment declared in a statement.
The UN warned, on Tuesday, that carbon emissions resulting from shipping activities were on the rise, urging the industry to scrap old and polluting vessels and upgrade their infrastructure to expedite the green transition.
The shipping sector is working on attracting women and younger talent while trying to combat the stigma associated with a working industry often referred to as “outdated” and “old-fashion”.
Long-term ocean freight rates suffered a steep month-on-month decline in November as subdued spot prices, weak demand, and ongoing economic uncertainty caught up with contracted container agreements.