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May 12, 2023

Maersk injects additional vessels into Asia – Europe services

International Shipping, Shipping Line, Trade, Trending News
COPENHAGEN : Maersk has announced changes to its Asia – Europe network aiming to improve the reliability of its services and enhance their fuel efficiency. As of week 23, Maersk has decided to inject
May 12, 2023

Hapag-Lloyd Q1 2023 : Good resilience in weaker market environment

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd has concluded the first quarter of 2023 with an EBITDA of USD 2.4 billion (EUR 2.2 billion). EBIT decreased to USD 1.9 billion (EUR 1.7 billion) compared to the same quarter
May 12, 2023

DP World’s Jebel Ali Free Zone looks to cut shipping cost between UAE & India

Logistics, Business, Export - Import, International Shipping, Trade, Trending News, warehouse
JEBEL ALI : Dubai-based Logistics firm DP World’s Jebel Ali Free Zone (Jafza) has said it aims to reduce time and cost of shipping goods between India and the UAE under its India-UAE Bridge
May 12, 2023

International shipping to converge in Europe’s maritime capital at Europort 2023

International Shipping, Maritime, Ports, Trade, Trending News
ROTTERDAM : The biennial exhibition and conference at the Rotterdam Ahoy presents a diverse line-up of events and attractions designed to promote collaboration and innovation towards a more sustainable shipping industry. Taking place from
May 12, 2023

MSC to open new office in the US Tempe Arizona

International Shipping, Shipping Line, Trade, Trending News
TEMPE : MSC Mediterranean Shipping Company, a global leader in transportation and logistics, announced plans to open its new MSC Tempe office, expanding the company’s network of locations across the United States. Located on
May 12, 2023

Germany approves COSCO investment in Hamburg container terminal

International Shipping, Foreign Ports, Shipping Line, Trending News
HAMBURG : The German government has finally approved the acquisition of a minority stake in Container Terminal Tollerort (CTT) by COSCO Shipping Ports. The Chinese port operator will buy the 24.9% shareholding in the
May 12, 2023

Brazil’s 2023 maize exports could rise 8%, benefitting shipping : BIMCO

International Shipping, COMMERCE, EXPORT, Trending News
COPENHAGEN : “Brazil remains on track for a record maize harvest this year, and exports could rise 8% in 2023. Brazil could thereby become the world’s largest maize exporter this year, which would partially
May 12, 2023

Supply Chain Professionals sound alarm on Recession, Geopolitical Tensions and Cost Pressures in H2 2023

International Shipping, Logistics, Trade, Trending News
HAMBURG : A survey with 1200 supply chain professionals aimed to understand the biggest challenges they foresee for their business in the second half of the year showed that recession in the US remains
May 11, 2023

JAXPORT welcomes largest container ship ever to call Jacksonville

International Shipping, Foreign Ports, Shipping Line, Trending News
FLORIDA : The Jacksonville Port Authority (JAXPORT) set a new port record with the arrival of ONE Stork, the largest container ship to ever call Jacksonville in Florida, US. Operated by Singapore-headquartered shipping line
May 11, 2023

Leading container lines show improved schedule reliability

International Shipping, Shipping Line, Trending News
COPENHAGEN : Danish maritime data analysis company Sea-Intelligence showed schedule reliability data through March 2023 in its latest report. March 2023 saw a further month-to-month gain in global schedule reliability, this time by 2.4
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