NEW YORK : India, despite a projected slowdown this year, will continue to be the world’s fastest-growing large economy, according to the World Bank‘s latest Global Economic Prospects report. The world’s most populous nation
HAMBURG : Hapag-Lloyd told Reuters that the German shipping company does not expect the Suez Canal to be open again anytime soon, despite a recent ceasefire between Hamas & Israel. The world’s fifth largest
GENEVA : MSC announced the launch of its new service, Britannia, which will enhance port connections via a unique corridor from China and Vietnam to Liverpool, UK. This new loop offers access to the
HAMBURG : Hapag-Lloyd has announced a new service connecting Western Türkiye with the Red Sea, which is expected to start in mid-June. From 15 June 2024, the German ocean carrier will introduce its new
MARSEILLE : CMA CGM Group announces the launch of the FRENCH PEAK SERVICE, an exceptional seasonal service to meet the sudden increase in maritime transport demand between Asia, Northern Europe, and the Mediterranean. Seven
NEW JERSEY : APM Terminals Elizabeth is proud to announce significant progress in its $5 million investment for its Electrification Pilot Project, made possible through a generous $1.4 million Diesel Emissions Reduction Act (DERA)
SHANGHAI : COSCO SHIPPING has launched the Mexico Express Service (WSA5)! Offering 3,000-5,000 TEU slots per voyage, this service connects key Mexican Pacific ports like Ensenada, Manzanillo, and Lázaro Cárdenas with major Far East
COPENHAGEN : The global logistics industry is currently navigating through unprecedented challenges due to the ongoing situation in the Red Sea. The ripple effects are being felt on supply chains globally, including equipment and
RIYADH : Saudi seaports witnessed an annual 8.09 percent increase in the volume of cargo handled during May, reaching over 27.63 million tonnes. Official data released by the Saudi Ports Authority, known as Mawani, revealed
LONDON : Following a successful 6-month pilot, Ocean Network Express (ONE) UK in partnership with Freightliner will extend their commitment to use Hydrotreated Vegetable Oil (HVO)100 fuel for all cargo transportation via rail. A 100% renewable
