May 24, 2024
May 9, 2026
May 24, 2024
DHL’s new EV Center of Excellence in Shanghai to help companies in the electric vehicle ecosystem with their international expansion ambitions
SHANGHAI : DHL, the leading global brand in the logistics sector, has opened its latest electric vehicle (EV) Center of Excellence in Shanghai, China to support EV companies and its related sectors to grow
May 24, 2024
Drewry’s World Container Index increased 16% to $4,072 per 40ft container this week
Spot freight rates by major route Our assessment across eight major East-West trades: Ocean spot market freight rates against 790 global port pairs
May 24, 2024
Foreship appoints Business Development Director to grow commercial shipping opportunities
FINLAND : Foreship has recruited Mr. Jonny Berglund as its Business Development Director, in a new role to focus the Helsinki-based group’s efforts in growing its presence in commercial shipping. With a career-long commitment
May 24, 2024
Peak in China’s coal demand in sight as renewables jump 12% : BIMCO
LONDON : Between January and April 2024, China’s electricity generation from renewables surged 12% y/y, significantly outpacing the 6% growth in generation from fossil fuels. While steam coal shipments to China rose 29% y/y,
May 23, 2024
Container lines make $5.4bn profit amid Red Sea disruption
SINGAPORE : After six consecutive quarters of falling profits, container lines rebounded in the first quarter 2024 with rate support from geopolitical disruption. Container line earnings have been on a downward trajectory since the
May 23, 2024
Allianz Commercial: Shipping losses hit all-time low despite increasing risks for the whole sector
SINGAPORE : Given as much as 90% of international trade is transported across oceans, maritime safety is critical. Thirty years ago, the global shipping fleet lost around 200 large vessels a year. This total
May 22, 2024
Indian crew world’s most abandoned seafarers, union figures show
LONDON : Indians are the most abandoned nationality of seafarers with 411 already recorded for this year to surpass last year’s 401, a UK-headquartered global union of transport workers has said. The International Transport
May 22, 2024
Kotahi and Maersk enter second decade of committed New Zealand export freight partnership
COPENHAGEN : Kotahi, New Zealand’s largest containerised freight manager and A.P. Moller – Maersk (Maersk), a global integrated logistics company, have signed a second long term freight agreement to December 2034, providing New Zealand
May 22, 2024