CMA CGM updates FAK rates from Asia to North Europe
MARSEILLE : French container carrier CMA CGM has unveiled updated Freight All Kinds (FAK) rates, effective from 15 April (loading date), until further notice from Asia to North
Maersk announces new surcharges from Indonesia, Malaysia and Singapore to Africa
COPENHAGEN : Maersk has announced updated and new peak season surcharges from Indonesia, Malaysia and Singapore to several African destinations. Maersk will increase its Peak Season Surcharge (PSS)
Hapag-Lloyd containership receives largest STS LBM Delivery to Date
ROTTERDAM : STX Group, a global leader in environmental commodities trading and climate solutions, and Titan Clean Fuels, a leading supplier of liquefied natural gas (LNG) and liquefied
India secures second overseas port: Sittwe agreement approved by MEA
NEW DELHI : After Chabahar, India has gained the rights to operate a second overseas port, Sittwe, in Myanmar. The Ministry of External Affairs (MEA) has approved a
Jeena & Company merges with JBS Group
With an eye on further strengthening its cargo reach, the company anticipates 100% growth MUMBAI / AHMEDABAD : Jeena & Company, a global leader in freight forwarding and
India-Peru Trade Agreement : Seventh round of talks kick-start
NEW DELHI : Taking a step forward in India-Peru trade relations, the seventh round of India-Peru Trade Agreement negotiations have kick started. As reported earlier by Financial Express Online,
Evergreen suspends Haiti calls amid security concerns
TAIPEI : Due to the escalating security concerns in Port-au-Prince in Haiti and the heightened levels of street violence, Evergreen has decided to suspend all calls at the
MSC faces financial penalty of over US$63 million relating to reefer overcharges
GENEVA : Mediterranean Shipping Company (MSC) is facing a fine of at least US$63 million after the US Federal Maritime Commission (FMC) accused the world’s largest liner operator
King Abdul Aziz Port handled 289,787 TEUs in March
DAMMAM : Remarkably, King Abdul Aziz Port in Dammam of Saudi Port Authority (Mawani) has achieved record-breaking monthly throughput during 2023 and at the start of 2024. It
Nepal proposes Customs pact with India to curb border trade offences
KATHMANDU : Nepal has proposed a Customs agreement with India that will enable exchange of information which could help in preventing and reducing customs related offences across the