HAMBURG : Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container shipments across the world’s oceans has risen significantly in recent weeks but the upswing may be short-lived. The CEO
JEDDAH : The logistics landscape in the Middle East is undergoing a transformative shift with the recent commencement of a $250 million logistics park at Jeddah Islamic Port. The state-of-the-art facility, a joint venture between DP
BALTIMORE : On March 26, 2024, when container ship Dali crashed into Francis Scott Key Bridge in Baltimore, United States, leaving at least six persons dead and property worth millions of dollars destroyed, the
BALTIMORE : The Port of Baltimore experienced its worst month in more than 20 years, according to my analysis of tonnage data for April released this week by the U.S. Census Bureau, its sixth
NEW DELHI : India is the perfect country for a national High-Speed Rail (HSR) system. The most obvious reasons are India’s high population density, the geographic proximity of its megacities (some of which are
LONDON : The Federal Maritime Commission has opened a 12-day comment period allowing interested members of the public to respond to Maersk and Hapag Lloyd’s newly filed vessel sharing agreement, the Gemini Cooperation Agreement.
COPENHAGEN/DUBAI : Danish Shipping and The Emirates Shipping Association have signed a Memorandum of Understanding (MoU) outlining intentions for closer future cooperation in the field of maritime transport. Denmark and the United Arab Emirates
WASHINGTON : The U.S. trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday. The
Cairo : The British security firm Ambrey said on Sunday an Antigua and Barbuda-flagged general cargo ship was struck by a missile 83 nautical miles southeast of Yemen’s Aden and caught fire before it was
YEMEN : The United States and United Kingdom have carried out six air strikes against targets in Yemen, a Houthi-run television station reports, as the Yemeni group targets shipping lanes in the Red Sea.
