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CO2 emissions optimizes CMA CGM premium service

Of the CMA CGM Environmental Policy, providing eco-services is a key strategic axis. An Eco Calculator or personalised carbon reports: “My Carbon Footprint”, CMA CGM has developed different eco-services since 2010. CMA CGM provides a unique and premium service to customers with My Carbon Footprint; including a door-to-door multimodal dimension based upon case studies allowing […]

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COSCO Shipping’s

EC approves COSCO Shipping’s purchase of OOIL

Without conditions, it is learnt that the European Commission (EC) has approved COSCO Shipping’s purchase of Orient Overseas Container Lines’ (OOCL) parent company, Orient Overseas International Ltd (OOIL). On the Northern Europe to North America trade routes, although the deal would have “very significant” effects between COSCO and OOCL the EC concluded it led to […]

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Mercosul Line

Maersk Line completes divestment of Mercosul Line

On June 13, 2017, CMA CGM and Maersk Line had announced a binding agreement whereby Mercosul Line CMA CGM would acquire. in Brazil’s domestic container shipping market Mercosul is a leading player with a fleet of four container vessels and around 290 people employed. The Mercosul executed contract was subject to Brazil regulatory approval and […]

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In Container Handling JNPT Records 5.76 Pc Growths

The country’s largest container port is the Jawaharlal Nehru Port Trust (JNPT), handled 3.9 lakh TEUs in November 2017 and for the April-November 2017 period recording a growth of 5.76 percent in container handling when compared to the same period last year. JNPCT handled 1.18 lakh TEUs, among the four terminals at JNPT, in November […]

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IPA Conducts Workshop

On Ease Of Doing Business IPA Conducts Workshop

Under the Ministry of Shipping Indian Ports Association (IPA), which is the apex body for Major Ports in India on December 6 and 7, 2017 organized a workshop to demonstrate and give hands-on experience to the port users on Electronic Delivery Order (e-Do) module and Gate Module of Port Community System (PCS) at Chennai Port […]

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Finance Minister

To Reduce Corporate Tax To 25 Pc To Create Jobs: IMC Asks Finance Minister

During the IMC Chamber of Commerce and Industry’s pre-Budget presentation/suggestions before the Finance Minister on the forthcoming Union Budget, Dr Lalit Kanodia, President, IMC, advised the Minister that he had continuously emphasised the need for a stable tax regime and had committed to reducing corporate tax to 25 %. IMC expected that the Finance Minister […]

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