Source: SPLASH247 Splash has been reporting regularly on the increased emissions from the huge diversions shipping has been making over the past six months as the security situation in Middle Eastern waters deteriorated in the wake of Israel’s war in Gaza. The Xeneta and Marine Benchmark Carbon Emissions Index (CEI), which measures carbon emissions per ton of cargo transported across the world’s top 13 trades, hit 107.4 points in Q1 2024 – the highest it has been since the index began in Q1 2018. For containers being shipped via ocean from Asia to the Mediterranean, the CEI reveals carbon emis ..read more

Source: MSN Increased freight charges, doubled turnaround time of cargo and steep hikes in insurance premiums have forced small and medium export oriented units to halve their outputs with most presently operating at around 50% of their respective capacities. Commenting on the challenges which have emerged as a fallout of  the geopolitical and economic turmoil across the globe, Balkrishan Sharma, Business head and Chief Executive of Yarn Business, RSWM Limited, a leading yarn and knitting fabric manufacturer, said, “Due to the ongoing crisis in Middle East and in Europe, exporters are fac ..read more

According to the port authorities, the consignments arrived at Benapole from India’s Petrapole by 16 trucks on the night of Sunday (21 April). But still no initiative has been taken to unload the goods. Due to a long delay, the potatoes have started to rot. Rangpur Integrated Food and Beverage imported the potatoes from the export-oriented institution PepsiCo India Holdings. Masum Billah, representative of Transmarine Logistic Limited, said the potatoes have not been uploaded yet due to lack of necessary documents. Shahadat Hossain, a truck driver said they will take the potatoes to Rangpur af ..read more

KPMG in India, one of India’s leading professional services firms, and Arkieva, a global leader in supply chain planning solutions, today announced a strategic alliance to deliver successful supply chain transformation projects. The alliance will look to help businesses unlock the complete potential of their supply chains and enable smarter, resilient, and future-ready supply chain ecosystems. From planning to delivering, Arkieva’s technology and advanced analytics enabled supply chain planning solutions combined with KPMG in India’s strength in Business Consulting, the alliance will help busi ..read more

Sabah Ports Sdn. Bhd is a wholly owned subsidiary of Malaysian public listed investment holding company, Suria Capital Holdings Bhd. The agreement was signed by Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World and Datuk Ng Kiat Min, Managing Director for Sabah Ports Sdn. Bhd. With this partnership, DP World will support efforts currently underway to increase SBCP’s container handling capacity from 500,000 TEUs to 1.25 million TEUs by 2025[2]. Investments will also be made to optimise terminal workflows, accelerate digitalisation for greater operational efficiency and to increase th ..read more

Source: Container News MSC made the bid through its subsidiary, SAS Shipping Agencies Services. The bid amount, amounting to NOK272.69 (US$24.89) per share, represents a premium of approximately 28% to the closing trading price of Gram’s shares on 23 April, and a premium of around 78% of the average trading price of the company’s shares over the last year. GCC’s directors have unanimously urged shareholders to accept MSC’s offer, calling it financially fair. “Today’s voluntary offer by one of the world’s leading maritime groups is a validation of the unique position GCC has built as a leading ..read more

– supporting container stacking optimization – Responding to rapid increases in the size of container ships and advances in lashing technology, ClassNK released ‘Guidelines for Container Stowage and Securing Arrangements (Edition 3.0)’* last year to enhance the safety and efficiency of marine container transportation. ‘WACDAS’ is a tool that enables the easy calculation of route correction factors necessary for utilizing the approved lashing software compatible with the class notation ‘Container Stowage and Securing Arrangement with Service on Specific Sea Routes (CSSA-RS)’ as per the guidelin ..read more

Source: Mint A high-level delegation led by the Indian minister for shipping will be visiting Iran after India’s general election. The visit, to take place in the second half of 2024, will be see the signing of the contract that will pave the way for full exploitation of this strategic port located in southeastern Iran and developed with Indian aid. The Embassy of Iran in New Delhi confirmed the development. “This contract is in the final stages. We are waiting for the Indian delegation to go to Iran,” a spokesperson for the Iran Embassy said in response to a query from Mint. “This is a very g ..read more

•             Synology proudly introduced the HD6500, the latest flagship storage solution capable of accommodating an impressive 4.8 petabytes of data •             Backed by 20% market growth in 2023, Synology aims for substantial growth in the enterprise segment Synology, a global leader in data management and security solutions, today unveiled their new solutions and products aimed at addressing the growing challenge posed by ransomware attacks in a press briefing in New ..read more

Technology group Wärtsilä announces the opening of its relocated Expertise Centre in Navi Mumbai, India. The Expertise Centre will provide remote support to its Middle East & Asia energy and marine customers while enabling the company’s ability to grow its services business. The Expertise Centre will act as a central operational hub by integrating all available data sources. Wärtsilä is committed to the digital transformation of its operations, leveraging cutting-edge technology to enhance customer experience and optimise asset efficiency. Globally, Wärtsilä operates 10 Expertise Centres c ..read more