Obscure law may force cargo owners to share ship salvaging cost in Baltimore Bridge accident

BALTIMORE : The maritime accident on March 26 in which the container vessel Dali collided with and brought down Baltimore’s Francis Scott Key Bridge could see the resurrection of an obscure 1851 maritime law on limited liability, coupled with the General Average declaration, to limit the claims by cargo owners and others on the liner and its owners. The law was first invoked by the owner of the Titanic after it sank in 1912, to limit its…
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Source: https://indiashippingnews.com/obscure-law-may-force-cargo-owners-to-share-ship-salvaging-cost-in-baltimore-bridge-accident/

Unlocking Growth Opportunities with 3PL Logistics Solutions

Table of Contents Introduction The Evolution of Logistics: A Brief Overview Understanding the Role of 3PL in Modern Supply Chains Why TSP Fulfilment Stands Out in the 3PL Landscape Future Outlook: Navigating Opportunities and Challenges in 3PL Key Takeaways: Maximising Growth Potential with 3PL Strategies Introduction In today’s competitive business landscape, the ability to optimise supply chain operations is essential for driving growth and staying ahead of the curve. As companies…
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Source: https://marketbusinessnews.com/unlocking-growth-opportunities-with-3pl-logistics-solutions/378935/amp/

Blackstone Logistics Arm To Set Up Facility In Chakan

Pune: Horizon Industrial Parks, a logistics platform owned and operated by real estate conglomerate Blackstone, will invest Rs 1,000 crore for setting up a industrial and warehousing logistics park in Chakan. The facility is spread over 100 acre and will provide logistical solutions to e-commerce and industrial firms in the area. The investment is expected to generate up to 4,000 jobs, a company spokesperson said. This is the company’s second park in Chakan as the company recently…
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Source: https://timesofindia.indiatimes.com/city/pune/blackstone-logistics-arm-to-set-up-facility-in-chakan/amp_articleshow/109637219.cms

APSEZ’s Vizhinjam Port gets nod to run as India’s first transshipment hub | Company News

In December 2015, Adani Ports and Special Economic Zone Limited (APSEZ) initiated the international transshipment project in Vizhinjam, KeralaRimjhim Singh New Delhi The Centre has given sanction to Adani’s Vizhinjam Port in Kerala to operate as a transshipment port — a first for the country. A transshipment port is a crucial hub where cargo is transferred from one big vessel to several smaller ones before they reach the final port of discharge. It will now help India in its ambition…
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Source: https://www.business-standard.com/amp/companies/news/apsez-s-vizhinjam-port-gets-nod-to-run-as-india-s-first-transshipment-hub-124042600860_1.html

After BJP MLA’s ‘arm-twisting’, Birlas shift Goa ops to M’rashtra | Goa News

Panaji: Political interference at the Mormugao Port by local BJP MLA Sankalp Amonkar has claimed the first casualty with Aditya Birla group deciding to shift its bauxite handling operations to the JSW Jaigarh port in Maharashtra. Aditya Birla group’s decision to divert its latest consignment of nearly 1.7 lakh tonnes of bauxite has not only hurt Mormugao Port Authority’s revenues but also led to losses for Goa’s local businesses including barge owners.“Bauxite has been diverted (to…
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Source: https://timesofindia.indiatimes.com/city/goa/after-bjp-mlas-arm-twisting-birlas-shift-goa-ops-to-mrashtra/amp_articleshow/109633358.cms

Why ‘Made in America’ Meds Won’t Cure Chronic Drug Shortages

Tags: Health Care Logistics

By Allen Jacques, VP, Industry Thought Leader at Kinaxis

Supply chain resiliency can rescue the United States from the never-ending drug shortage crisis.

America has a drug problem. It needs more. 
More for chemotherapy, more for ADHD, more for diabetes, and…
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Source: https://www.inboundlogistics.com/articles/why-made-in-america-meds-wont-cure-chronic-drug-shortages/

CBSE to conduct two board exams from 2025, govt asks board to work out logistics

The Education Ministry has asked the Central Board of Secondary Education (CBSE) to work out logistics for conducting board examinations twice a year from the next academic year, i.e. 2025-26, news agency PTI reported Friday, citing sources.

The move aims to make the board exams stress-free and provide…
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Source: https://www.livemint.com/education/news/cbse-to-conduct-two-board-exams-from-2025-govt-asks-board-to-work-out-logistics/amp-11714139548343.html

India receives oil cargo in Russian SCF tanker after brief halt, sources say

NEW DELHI/MOSCOW/ LONDON: A ship controlled by US-sanctioned Russian shipping giant Sovcomflot (SCF) discharged fuel oil at a western Indian port on Friday, two sources familiar with the matter said, indicating a resumption in the use of SCF vessels to supply Moscow’s key market after a brief halt. The SCF Baltica, carrying 90,000 metric tons of fuel oil for Reliance Industries, operator of the world’s biggest refining complex at Jamnagar in Gujarat state, was expected to leave the port…
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Source: https://timesofindia.indiatimes.com/business/india-business/india-receives-oil-cargo-in-russian-scf-tanker-after-brief-halt-sources-say/amp_articleshow/109627678.cms

Mr Joy’s round-up – make your play in the Game of Logistics

ID 82938355 © creativecommonsstockphotos | Dreamstime.com

Ding Ding!
Back to your corners.
The first quarter has been played in the 2024 Game of Logistics.
Here are some key talking points which will shape how you play the rest of the match.
In random order, if you don’t mind, let’s get going with…
…offence or defence?
OK, the first quarter’s gone and the first month of Q2 24 is ending already.
For one thing, all…
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Source: https://theloadstar.com/mr-joys-round-up-make-your-play-in-the-game-of-logistics/