HAMBURG : On Thursday, August 1 2024, 66 young men and women are starting their training at Hapag-Lloyd in Hamburg. Some of the apprentices will learn traditional maritime professions, including 14 ship mechanics and
COPENHAGEN : Based on preliminary figures, A.P. Møller – Mærsk A/S (APMM) reports an unaudited revenue of USD 12.8bn, underlying EBITDA of USD 2.1bn and underlying EBIT of USD 756m (reported EBIT of USD
TOKYO : Kuehne+Nagel, a leading global logistics company, has appointed Yutaka Matsuyoshi as Managing Director for Japan as of August 1, 2024. His predecessor Cedric Dulong now focuses on the company´s Japan Development Program
LONDON : Mr. Kevin King has been confirmed as Chief Executive Officer of the specialist transport and logistics insurer TT Club, completing a planned move announced last year. Acting as Deputy CEO to Charles
COPENHAGEN : In Issue 675 of the Sea-Intelligence Sunday Spotlight, the Danish shipping data analysis firm examined whether the turmoil of the last four years has led to the largest carriers growing in dominance versus the mid-tiered
DUBAI : Due to a late surge in entries, The Maritime Standard has decided to extend the deadline for this year’s TMS Awards to allow those who wish to enter to do so. The
OSLO : The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term rates begin to soften. The Xeneta
TEHERAN : Union Minister Shri Nitin Gadkari attended swearing-in ceremony of Iranian president Masoud Pezeshkian in Iran. “We look forward to continued collaboration and mutual growth, reaffirming our commitment to furthering India-Iran relations across
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity disruptions, according to a market analysis.
GENEVA : In June, global schedule reliability dropped by 1.2 percentage points, compared with the previous month, to 54.4%, according to the latest Sea-Intelligence Global Liner Performance (GLP) report. This is keeping in line