MUMBAI : Escalated freight and insurance costs may well be here to stay even as freight forwarders continue to explore alternatives to the crisis-hit Red Sea shipping route, according
COPENHAGEN : Maersk is adjusting Peak Season Surcharge (PSS) rates for selected routes effective March 1 to 31 March 2024, to ensure continued global service provision. The changes
HAMILTON CITY: A.P. Moller-Maersk celebrated the opening of its state-of-the-art, integrated cold chain facility at the Ruakura Superhub , solidifying Hamilton as a key touch point within the
MARSEILLE : French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship transited the Red Sea under French naval escort, after suspending
MUMBAI : Sectors such as capital goods and fertilisers have been the most impacted amid the ongoing crisis around the Red Sea, a Crisil Market Intelligence and Analytics
LONDON : BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the
YEMEN : Yemen’s Houthi militants said on Monday they had attacked the Rubymar Cargo vessel in the Gulf of Aden which was at risk of sinking, raising the
SINGAPORE : HERE Technologies, a major provider of location data and technology solutions, has announced its collaboration with PSA Singapore, the operator of the world’s largest transshipment hub,
ROTTERDAM : Developer of maritime battery systems EST-Floattech receives an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc,
TYNE : NorthStandard confirms strong renewal results across the board, in its first year of operation. NorthStandard reports a rise in premium income with positive market responses to