November 3, 2023
March 20, 2026
November 3, 2023
Maersk charters more tonnage to catch up with MSC
COPENHAGEN : Maersk Line has been actively chartering vessels in the last fortnight, as the Danish giant tries to close the gap with its rival Mediterranean Shipping Company (MSC), which displaced the former at
November 3, 2023
Hapag-Lloyd increases rates from Indian Subcontinent to US East and West Coasts
HAMBURG : Hapag-Lloyd has announced a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from India, Pakistan, Sri Lanka and Bangladesh to the United States East Coast and West Coast. The rate
November 3, 2023
Shipping industry steers container production away from China
LONDON: The shipping industry is stepping up efforts to build steel containers outside China, lining up the spare capacity needed to shield a key component of global trade from supply chain pressures and geopolitical
November 2, 2023
FFFAI – IPC Shankar Shinde appointed as Vice Chairman of CCTT; emphasises on cross border trade facilitation through INSTC route
MUMBAI : The Federation of Freight Forwarders Associations in India (FFFAI) has joined the International Coordination Council on Trans-Eurasian Transportation (CCTT) during the XXXII Plenary Meeting which was recently held in Moscow. This year
November 2, 2023
GMS Inc is looking ship leasing unit from IFSC : CEO Dr Anil Sharma
GANDHINAGAR : Dubai-based Global Marketing Systems Inc (GMS), the world’s largest buyer of ships and offshore assets for recycling, is “looking” at opening a ship leasing unit from the International Financial Services Centre (IFSC)
November 2, 2023
ONE announces China India Pakistan Service upgrade
SINGAPORE : Ocean Network Express (ONE) will upgrade its China India Pakistan (CIP) Service, starting from the cycle of westbound ETA at Shanghai on 31 October. The updated service rotation of the CIP service
November 2, 2023
ONE forecasts 94% plunge in full year profit
SINGAPORE : Ocean Network Express (ONE) has forecast a profit of $851 million for the year ended 31 March 2024, down some $14.1 billion on the previous year. Singapore-headquartered ONE reported a FY2023 Q2
November 2, 2023
PSA Singapore and Pacific International Lines expand Collaboration on Sustainability Solutions to Decarbonise Global Supply Chain
SINGAPORE : In a collective journey towards achieving net zero greenhouse gases (GHG) emissions, PSA Singapore (PSA) and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions
November 2, 2023