Maersk to look at DB Schenker acquisition
COPENHAGEN : Maersk could look at a potential acquisition of DB Schenker with greater synergies from such a deal than it believed would be the case in the
Hydrogen revenue jumps for world’s biggest maker of shipping containers
NEW DELHI : The world’s biggest manufacturer of shipping containers sees a surge in revenues from its hydrogen business, in a sign the clean fuel is starting to gain commercial
Maersk pilots Shanghai as new global gateway for LCL shipments
COPENHAGEN : Maersk pilots Shanghai as its new global gateway of Less-than-Container-Load (LCL) shipments. The Danish company described this initiative as a “groundbreaking milestone” in the industry for
COSCO SHIPPING Lines opens new office branch in Morocco
SHANGHAI : COSCO SHIPPING Lines has opened its new branch office, SARL, in Casablanca, Morocco. Diamond Line, a subsidiary of COSCO Shipping Lines (Europe) GmbH, will play an
A.P. Moller-Maersk is the first to secure SBTi validation with new maritime guidance
COPENHAGEN : The greenhouse gas emissions targets set by A.P. Moller-Maersk have received validation from the Science Based Targets initiative (SBTi), aligning them with the 1.5-degree pathway outlined
Red Sea crisis reflects on India Inc’s Q3 show
NEW DELHI : Indian companies are beginning to report early signs of the Israel-Hamas conflict’s impact on business operations, limited to those with exposures to either commodity supplies
Disruptions in Red Sea route likely to raise freight and forwarding cost by 25-30%
NEW DELHI : Sustained disruptions in the Red Sea route is likely to raise the freight and forwarding (F&F) cost by 25-30% for corporates largely dealing in international trade, a
After five months of pause due to the Israel-Gaza war, government hopes to move on the IMEEC
NEW DELHI : After months of a pause on the India-Middle East-Europe Economic Corridor (IMEEC) that was launched during the G-20 summit in September 2023 but stalled due
Maersk partners with PUMA for first semi-automated omnichannel fulfilment distribution centre in Chi
COPENHAGEN : A.P. Moller – Maersk (Maersk) partners with Global Key Partner PUMA to operate the first semi-automated omnichannel fulfilment distribution centre in Santiago de Chile. The warehouse
Amid Red Sea crisis, India gets a specific zone in Duqm Port
NEW DELHI : Oman has allotted a specific zone to India in the strategically located Port of Duqm, less than two months after the visit of Sultan Haitham bin Tariq to New