December 16, 2023
March 19, 2026
December 16, 2023
Continued presence in a complex environment : Maersk
COPENHAGEN : At A.P. Moller – Maersk (Maersk) there is a strong belief that global trade can be a powerful enabler for development when carried out in a responsible and sustainable way. With this
December 16, 2023
PIL to streamline customer data integration process with Youredi partnership
SINGAPORE : Container shipping firm Pacific International Lines (PIL) has partnered with technology company Youredi to strengthen its real-time data sharing capabilities and update its onboarding process for both partners and customers. Youredi will
December 16, 2023
MSC implementes new Asia FAK rates
GENEVA : MSC has announced updated Freight All Kind (FAK) rates from Asia to several destinations around the world. Commencing on 1 January until further notice, a rate adjustment of US$300 per TEU will
December 16, 2023
CMA CGM increases rates from Red Sea to North Europe & West Med
MARSEILLE : French box line CMA CGM has decided to raise its Freight All Kinds (FAK) rates from Red Sea to North Europe and West Mediterranean. The updated rates will go into effect on
December 16, 2023
Maersk tells its container ships to pause Red Sea voyages
COPENHAGEN : Container shipping giant A.P. Moller-Maersk A/S instructed any ships heading for the southern entrance of the Red Sea to halt their voyages following an attack on one of its vessels and spiraling risks to
December 15, 2023
MSC targets oversized Indian freight to use up excess vessel capacity
GENEVA : Container lines — awash with excess capacity amid muted demand conditions — are attempting new strategies to lift headhaul loads. Signalling that trend, Mediterranean Shipping Co. (MSC) recently moved 30 transformers from
December 15, 2023
Lars Sorensen appointed as Senior Managing Director, Region Middle East of Hapag-Lloyd
HAMBURG : From January 1, 2024, Mr. Lars Sorensen will become Senior Managing Director Region Middle East based in Dubai, AE, Hapag-Lloyd. He will be succeeding Mr. Dheeraj Bhatia, who will become a new
December 15, 2023
Effects of COP28 on the shipping industry
DUBAI : In particular, in an article published on LR website, Mr. Hayden Walmsley notes that industry sees the opportunities, not just the challenges as the maritime industry’s outlook has shifted, significantly. The The COP28
December 15, 2023