ROTTERDAM : With the official ground breaking Maersk has started the construction works for its new large cold store in Rotterdam (The Netherlands). The specialized warehouse for temperature sensitive or frozen products like pharmaceuticals,
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal on Friday urged ports to make optimal efforts to secure a spot in the top 25 World Port Ranking, emphasizing that
HAMBURG : Hapag-Lloyd has announced rate increases in several routes across the world, which will take effect in December 2023. The German carrier will implement a general rate increase (GRI) from several countries in
GENEVA : MSC continues to monitor and assess the developing situation in Israel to ensure the safety of its personnel and minimize disruption to customer supply chains. As announced in our previous update, MSC
MARSEILLE : CMA CGM, the World’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels threatens to push global shipping to a protracted slump. “New
RIYADH : The Saudi Ports Authority ‘Mawani’ and CMA CGM on Wednesday launched a new logistics park at Jeddah Islamic Port, with a total area exceeding 130,000 square metres and an investment value nearing
FELIXSTOWE : A container ship has set a new record for the deepest draft, or maximum depth of a vessel, to call at the Port of Felixstowe. The Mumbai Maersk entered the port on
GENEVA : MSC and FS Italiane have agreed to form a new company specializing in intermodal transport and logistics, to design, build and operate new cargo terminals at sites controlled by the two groups
AMSTERDAM : Lenten Scheepvaart (the Netherlands) will go down in history as the owner of the world’s first-ever newbuild hydrogen-powered inland shipping barge. With this, the shipping company sets a new standard. An important
BANGKOK : Thailand is proposing a groundbreaking multibillion-dollar initiative aimed at significantly reducing shipping times between the Indian and Pacific oceans by circumventing the Malacca Strait, one of the world’s busiest sea routes. Prime