Biden to convene new supply chain council to strengthen US logistics
WASHINGTON : President Joe Biden on Monday will convene the first meeting of his supply chain resilience council, using the event to announce 30 actions to improve access
Wan Hai splashes out US$37 million on new containers
TAIWAN : Wan Hai Lines has embarked on new container orders, after a hiatus of about a year. The Taiwanese intra-Asia carrier announced on 23 November that it
DP World cuts carbon emissions in UAE using renewable energy
DUBAI : This year, DP World reduced its carbon footprint in the United Arab Emirates (UAE) by almost 50% by utilising renewable energy from the Dubai Electricity and
Japan-US container exports near 55,000 TEUs in October
TOKYO : Japan’s container exports to the United States reached 54,409 TEUs in October, translating to a 7.9% increase over the same month in 2022. On the other
AD Ports Group expands shipping operations in Kazakhstan with two new oil tankers
ABU DHABI : AD Ports Group a leading facilitator of global trade, logistics, and industry, in collaboration with KazMorTransFlot (KMTF), national shipping company of Kazakhstan, fully-owned by the
Cargo ship ‘Raptor’ sinks off Greek island, 13 crew members missing
ATHENS : A cargo ship carrying salt sank off the Greek island of Lesbos on Sunday, with all but one of its 14-strong crew still missing, the Greek
Second Israeli-owned ship attacked by Iran-backed forces as shadow war intensifies
SINGAPORE : A second Israeli-owned ship is reported to have come under military attack from suspected Iranian-backed forces in the last week. The container ship CMA CGM Symi
Carriers on India-US Trade attempt higher rate hikes for December
MUMBAI : Container carriers serving India-US Trades seem to have regained some strength to attempt higher rate increases amid promising export trade indications. CMA CGM has doubled the
CMA CGM, new Panama surcharges
MERSEILLE : CMA CGM is the first major carrier to announce a new surcharge on shipments going through the Panama Canal. The shipping company has been forced to
Hapag-Lloyd CEO optimistic that shipping markets will rebalance
HAMBURG : Global shipping markets, which are due to add more capacity than anticipated demand will support, have a good chance of rebalancing within two years, said the