HAMBURG : German container shipping company Hapag-Lloyd reiterated its cautious approach to maritime routes, announcing on Monday that it continues to steer clear of the Red Sea and the Gulf of Aden due to
COPENHAGEN : A.P. Moller-Maersk A/S expects that the shipping industry this quarter will spend 15% to 20% of its Asia-to-Europe vessel capacity on sailing south of Africa to avoid the Red Sea. The effects
SINGAPORE : SeaLead, a fast-growing global shipping line, announced the appointment of Ashok Pillay as the new Managing Director for North and Southeast Asia. This strategic move encompasses responsibilities across a diverse group of
QATAR : Qatar Navigation Q.P.S.C. (Milaha), has announced recently its financial results for the three months ended March 31, 2024. Key Financial Highlights: Milaha Maritime & Logistics’ net profit decreased by QAR 33 million, driven by reduced
MUMBAI : IRClass Systems and Solutions Pvt Ltd (ISSPL), through its division – Indian Register Quality Systems, a leading provider of management systems certification services, has announced the introduction of a pioneering initiative aimed
NEW DELHI : India Ratings and Research have revised upward their GDP growth estimate for FY25 to 7.1%, citing strong government expenditure, improved corporate and banking sector balance sheets, and a budding private corporate capex cycle.
NEW DELHI : The Indian Government has permitted the export of 14,000 tonnes of non-basmati white rice to Mauritius, according to an official notification. The exports are allowed through the National Cooperative Exports Limited,
MUMBAI: KSH Logistics, one of India’s leading providers of integrated supply-chain logistics solutions, announces the expansion of its multi-client warehousing facility in Chennai, setting a new standard in warehousing excellence. The newly expanded warehouse
By Mr. Sandeep Bansal, Chief Business Officer, Falcon Autotech In today’s fast-paced world, efficiency is paramount in the logistics industry. As leaders in intra-logistics, we are constantly seeking innovative ways to streamline operations, reduce
MARSEILLE : CMA CGM GREENLAND, a 15,000 TEU (Twenty-Foot Equivalent Unit) container ship powered by liquefied natural gas (LNG), will take part in the grand nautical parade around the Belem and the arrival of
