LONDON : The International Chamber of Shipping (ICS), the global trade association for shipowners and operators, which represents over 80% of the world merchant fleet, launches a set of ‘Industry principles for establishing effective measures
HAMBURG : Hapag-Lloyd is implementing tariff rate adjustments for shipments from the Indian Subcontinent to North Europe. These adjustments will come into effect for sailings commencing on 6 March 2024 and will remain valid
MARSEILLE : French ocean carrier CMA CGM announced that it will implement the following peak season surcharges, effective from 1 March. For dry cargo from North Europe, Scandinavia, Poland, Baltic, East & West Mediterranean,
JEBEL ALI : DP World, one of the world’s largest port operators, has started the construction of its new agri-terminals complex at Jebel Ali Port as part of efforts to bolster the UAE’s food security. The company
MUMBAI : Escalated freight and insurance costs may well be here to stay even as freight forwarders continue to explore alternatives to the crisis-hit Red Sea shipping route, according to TVS Supply Chain Solutions Executive
KOCHI : In a bid to address the mounting challenges of container cargo traffic, Kerala is embarking on a visionary coastal shipping project. This transformative initiative is poised to bring about a paradigm shift
DHAKA : The 28th Dhaka International Trade Fair (DITF) has brought in Taka US $ 35.62 million in export orders, a 17 per cent increase from the previous year, according to the commerce ministry.
COPENHAGEN : Maersk is adjusting Peak Season Surcharge (PSS) rates for selected routes effective March 1 to 31 March 2024, to ensure continued global service provision. The changes in the peak season surcharge rates
HAMILTON CITY: A.P. Moller-Maersk celebrated the opening of its state-of-the-art, integrated cold chain facility at the Ruakura Superhub , solidifying Hamilton as a key touch point within the Golden Triangle for freighting and logistics
MARSEILLE : French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship transited the Red Sea under French naval escort, after suspending crossings for security risks earlier this