How Maersk dominates the global shipping industry
COPENHAGEN : With surging consumer demand, bottlenecks at ports and a shortage of containers, it’s a tumultuous time to be an ocean carrier. Maersk, the world’s largest container shipper, announced May 2021 first-quarter revenue
UAE logistics giant Aramex joins DB Schenker to expand in the Middle East, Africa
DUBAI : Aramex, a leading logistics and transportation solution, and the DB’s DB Schenker will explore opportunities in supply chain solutions in Abu Dhabi and the wider MEA region. The partnership aims to promote
Qatar, India and Sri Lanka made X-Press Pearl disaster inevitable
THAILAND : Russian national newspaper Novaya Gazeta published a report, an investigation into X-Press Pearl fire and disaster, based on available documents and reports, and interviews with seamen involved in the disaster. Of 25 crew of
Safexpress launches its 62nd ultra-modern logistics park in Navi Mumbai
MUMBAI : Safexpress has launched its ultra-modern logistics park in Navi Mumbai. This state-of-the-art facility is strategically located near to Mumbai Goa National Highway 66. Senior dignitaries from Safexpress included SK Jain, VP; B
IoT-enabled logistics will drive business growth in India
In today’s interconnected world, the internet of things (IoT) presents an array of opportunities for various industries. With customers demanding real-time updates on the status of shipments, and businesses looking for assurance that their
India-SL synergies vital to control future volume growth in huge container ships
Synergies between India and Sri Lanka are vital to handle a future growth in Ultra Large Container Ships in the Indian subcontinent, Sri Lanka Ports Authority chairman Capt. Nihal Keppetipola said. This was stated
Seaspan completes upsized US$750 million offering of blue transition bonds
Canadian container ship owner and operator, Seaspan Corporation has successfully closed its previously announced issuance of US$750 million in senior unsecured notes, upsized from the original offering size of US$500 million. The Notes will
Maersk brings direct Europe loop to South India amid transshipment woes
CHENNAI : Southern India shippers have an opportunity to remediate long-running origin-to-destination supply chain shortcomings with Maersk opening a direct North Europe routing out of the region. The shippers have traditionally been dependent on