MSC announces new East-West service network adjustments
GENEVA : MSC will adjust its new standalone services, Swan and Britannia aiming to enhance its network.Swan service will become Swan-Sentosa to provide a new corridor for Eastbound
Hapag-Lloyd CEO sees solid shipping demand driving up freight rates
HAMBURG : Solid container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd Chief Executive Mr. Rolf Habben Jansen said in a call with
MSC’s market share now at 20% as fleet nears 6 million TEUs
GENEVA : MSC now has a market share of 20%, as its aggressive newbuilding drive and ship purchases placed the largest liner operator’s fleet at just under 6
Road to Revolution: Transforming India’s waterways and infrastructure for growth
KOLKATA : The Government of India has embarked on a transformative journey to revolutionize the nation’s infrastructure, aiming to enhance economic growth, connectivity, and quality of life. With
PSA International wins recognition at the ESQR Best Quality Leadership Awards
BRUSSELS : PSA International has received the ‘Best Quality Leadership Award’, given out by the European Society for Quality Research (ESQR) on 30 June. The ESQR’s Best Quality Leadership Award
CEVA Logistics continues strategic transformation, grows core products by integrating Bolloré Logis
MARSEILLE : CEVA Logistics, the logistics subsidiary of the CMA CGM Group, announced a new vertical organization aimed at allowing its customers to more easily benefit from its global
US trade deficit jumps in May to highest level since 2022, Gap widens 0.8%
WASHINGTON D.C. : The U.S. International Trade deficit widened 0.8% in May to $75.1 billion, the Commerce Department said Wednesday. It is the largest deficit since October 2022.
Dry Bulk Market: Freight Rates and Ships’ Prices on the Rise
ATHENS : The dry bulk market is witnessing a “euphoria” phase of past times, with freight rates and asset prices on the rise over the past few weeks.
DHL Global Forwarding and Shell Eco-marathon extend partnership to empower the changemakers of tomo
JAKARTA : DHL Global Forwarding, the freight specialist of DHL Group, has announced its continued partnership as the Official Logistics Partner for the Shell Eco-marathon Asia Pacific and
Baltic index hits one-week low on weaker vessel rates
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week low on Thursday, dragged by weaker
