December 9, 2024
March 21, 2026
December 7, 2024
Maersk Asia Pacific Market Update
COPENHAGEN : As we approach the end of 2024, Maersk brings you the latest insights to support your logistics planning through the dynamic peak season. This month, we explore key economic indicators, discuss the
December 7, 2024
Cost-efficient strategies can significantly cut price of FuelEU Maritime compliance, according to DNV
SINGAPORE : According to a new DNV white paper outlining FuelEU Maritime requirements and compliance strategies for shipowners, compliance with the upcoming regulations will be expensive but applying certain strategies can significantly reduce the
December 6, 2024
Modi Govt plans 8 Mega projects to enhance archipelago’s connectivity at Lakshadweep
NEW DELHI : Nearly a year after Prime Minister Shri Narendra Modi visited Lakshadweep and the pictures created a new interest in the archipelago, the Centre is preparing to unveil eight big projects to
December 6, 2024
CMA CGM postpones PSS from Indian Subcontinent, Middle East Gulf, Red Sea & Egypt to the US East Coast & US Gulf
MARSEILLE : CMA CGM postponed PSS charges which was supposed to implement from 15th December 2024 will now be implemented from 1st January 2025. Effective 1st January 2025 PSS of USD 1,500 per unit
December 6, 2024
Global Ship Lease buys high-reefer containerships with 10-year financing committed
NEW YORK : New York-listed Global Ship Lease, a containership owner leasing ships to container shipping companies, has contracted to purchase four high-reefer 9,115-teu containerships with an average age of 8.5 years for an
December 6, 2024
Containership and oil tanker collide off the coast of Algeciras
ALGERICAS : Containership HMM St. Petersburg and oil tanker Gloria Maris collided off the coast of Algeciras, Spain, on 3 December. The incident occurred near the southeastern coast of Algeciras. The HMM St. Petersburg
December 6, 2024
Baltic index extends losses on weaker capesize rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates in capesize vessels. The index, which factors in
December 5, 2024
Piyush Goyal meets René Piil Pedersen, MD of A.P. Moller Maersk Singapore
NEW DELHI : Union Minister of Commerce and Industry, Shri Piyush Goyal, met with Mr. René Piil Pedersen, Managing Director of A.P. Moller Singapore (Maersk Line), to discuss avenues for collaboration in maritime logistics
December 5, 2024