India seizes Karachi-bound ship carrying nuclear cargo
MUMBAI : The Karachi-bound ship seized by Indian agencies in Mumbai was “carrying commercial” goods and not machines for a nuclear programme, Pakistan claimed on Sunday, a day after Indian
Maersk issues warning on prolonged Red Sea disruptions, supply chain challenges
COPENHAGEN : Maersk, a key player in the global shipping industry, has issued a cautionary note, indicating that disruptions to container shipping through the Red Sea may extend
Bahri wins Guinness World Record for largest mobile desalination plant
RIYADH : Bahri Desalination, a specialized business unit of the National Shipping Company of Saudi Arabia (Bahri), the global shipping and logistics leader, has established a new milestone
PSA International welcomes new Group CEO, Ong Kim Pong
SINGAPORE : Mr Kim Pong ONG has assumed the position of PSA International Group CEO on 1 March, and is a member of its Board. PSA is a
Hapag-Lloyd increases rates from North Europe and Mediterranean
HAMBURG : Hapag-Lloyd has unveiled new ocean tariff rates for shipments from North Europe to destinations including India, Pakistan, the Red Sea, and the Arabian Gulf. The updated
Emirates Shipping Line strengthens its Far East/Middle East service network
DUBAI : Emirates Shipping Line (ESL) has announced the introduction of its new COSMOS (CMX) service and the enhancement of its existing GALEX (GLX) service aiming to optimize
Empty container movements surge by 20% : Sea Intelligence
COPENHAGEN : Utilizing data from Container Trade Statistics (CTS) on the movement of full containers between regions, Sea-Intelligence estimated the corresponding trends in empty container movements. Empty container
Red Sea crisis puts Transpacific contract negotiations in the balance
OSLO : Container rate negotiations on the Transpacific are about to begin in earnest, but Xenata believes shippers and carriers both have strong hands and that will make
CMA CGM Group finalise Bolloré Logistics takeover
SWEDEN : The Bolloré Group and the CMA CGM Group announce the completion of the sale of 100 % of Bolloré Logistics to CMA CGM, it being specified
CMA CGM announces to resume Red Sea transits on ‘case-by-case’ basis
MARSEILLE : French shipping company CMA CGM Group has announced it will resume Red Sea transits on a case-by-case basis. The Marseille-based carrier said, “We have reevaluated the