GENEVA : Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest
COPENHAGEN : AP Moller-Maersk has been recognized as a Leader in the 2024 Gartner Magic Quadrant™ for Third-Party Logistics (3PL) report. It’s the third consecutive year that Maersk has been named a Leader. According to Gartner, Leaders
NEW DELHI : Indian Naval Ship Kiltan visited Muara, Brunei as part of Operational Deployment of the Indian Navy’s Eastern Fleet to South China Sea. The visit demonstrated India’s commitment to further deepen relations between both
SINGAPORE : PSA Singapore (PSA) and Pacific International Lines (PIL) announced the completion of their first trial of low-carbon green shipments, in a joint effort to build a more sustainable end-to-end supply chain ecosystem. This pilot
GENEVA : MSC Air Cargo has partnered with WebCargo by Freightos, with a plan to add its airfreight capacity to the digital firm’s booking platform. The carrier said in a LinkedIn post that the
ABU DHABI : A site for the storage and export of green methanol for the maritime industry is to be built in Egypt under a new Memorandum of Understanding (MoU). Engineering and construction firm
LONDON : IMO is advancing concrete measures to decarbonize shipping, while aiming to shield small island developing states and least developed countries from any potential negative impacts to their economies. At the world’s first
TYNE : NorthStandard’s annual review highlights positive progress across key performance indicators. The global marine insurer recorded increases in premium income, investment returns, and free reserves for the 2023/24 policy year. The combined net
LIMASSOL : Tototheo Maritime, a group of companies at the forefront of maritime satellite communication technologies, proudly announces its strategic rebranding to Tototheo Global. This significant milestone marks Tototheo’s evolution to a global leader in
LUDHIANA : Finance Minister Smt. Nirmala Sitharaman suggested that the government is open to reconsidering the existing 45-day payment rule to (MSMEs) micro, small and medium enterprises, if the industry desires it. Sitharaman highlighted
