Maersk and CMA CGM apply PSS to Australia
COPENHAGEN : Two of the largest European shipping companies, Maersk and CMA CGM, will introduce new Peak Season Surcharges (PSS) for sailings with destinations to Australia, that will
MOL and DSME succeed in Demonstration test of “Cryo-Powered Regas” System for FSRU- Redu
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL; head office:; President & CEO: Takeshi Hashimoto) and Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME; head office: Geoje, Korea; President
China’s Port Shutdown Raises Fears of Closures Worldwide
LOS ANGELES : A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead
Maersk Tankers’ HR chief: “I think people are more reticent to approach conflicts in a v
Leadership Chats: Annelise Goldstein, Chief Human Resources Officer at Maersk Tankers, has found that her leadership style is suitable for times of major change and uncertainty. The shipping company
CMA CGM applies new reefer surcharges worldwide
MERSEILLES : The French shipping company CMA CGM has published new rate increases for reefer containers across the world. Firstly, CMA CGM has already set a Port Congestion
HMM achieves record profits and increased volumes during 2021 H1
HMM has reported its highest operating profit in its history of US$2.06 billion in the first half of 2021 with a margin of 45.1%, while the company’s revenue
Drewry’s World Container Index gains US$50 this week
Drewry’s composite World Container index increased marginally 0.5% or US$50 to US$9,421.48 per 40ft container on 12 August, 358% higher than the same week in 2020. This is
Covid-19 outbreak on Maersk ship off Tauranga
A Maersk Line’s vessel has been anchored off Tauranga port in New Zealand after 11 of its 21 crew members tested positive for Covid-19. New Zealand’s Health Ministry
Major global shipping lines report record rise in revenues during June quarter
CHENNAI : Riding on the steep hike in sea container freight rates, major global shipping lines — Hapag Lloyd, Ocean Network Express (ONE) and CMA-CGM — reported record
MSC revises Middle East, Indian Subcontinent – USEC network
SINGAPORE : Mediterranean Shipping Company (MSC) has announced the enhancement of its Middle East, Indian Subcontinent & US East Coast network, which now includes three distinct services. The