August 30 - “K” Line has established a cargo handling service provider in India, Nitto Baxi, through a joint venture with its group company Nitto Total Logistics and business partner J.M. Baxi.
Nitto Baxi initially plans to offer stevedoring and handling services for vehicles shipped on car carriers, but intends to extend its services to cover other types of vessel as well, informed "K" Line.
Nitto Baxi will be based in Mumbai.
India-based project logistics specialist J M Baxi Heavy has transported and loaded out a 5,320-tonne jacket.
In the words of a recent report published by the World Refining Association: “The downstream energy industry finds itself at the nexus of transformation, propelled by a mosaic of innovations, challenges and aspirations.” For heavy lift and project freight forwarding companies, one resulting challenge is to assess which sectors are likely to offer the best future business opportunities − and when.
Antonov Airlines and First Class Freight (FCF) transported oversized equipment, including an Azipod thruster, from Hong Kong to Houston, USA.
The carbon capture, utilisation and storage (CCUS) sector is on the radar of many project logisticians and multipurpose carriers. This nascent market is facing headwinds, however, with many CCUS projects deemed too expensive to work on a commercial basis. Still, some firms are pressing ahead, despite technical and financial pressures.
The International Longshoreman’s Association (ILA) said that negotiations with United States Maritime Alliance (USMX) have broken down, opening up the possibility of more industrial action at US ports.
Silk Way Group will develop a new airport and cargo village in the Alat Free Economic Zone, Azerbaijan.
