Kuehne+Nagel appoints Yutaka Matsuyoshi as MD for Japan
TOKYO : Kuehne+Nagel, a leading global logistics company, has appointed Yutaka Matsuyoshi as Managing Director for Japan as of August 1, 2024. His predecessor Cedric Dulong now focuses
New Chief Executive at TT Club takes up the reins
LONDON : Mr. Kevin King has been confirmed as Chief Executive Officer of the specialist transport and logistics insurer TT Club, completing a planned move announced last year.
Sea-Intelligence reports no consolidation impact on ocean carrier competition
COPENHAGEN : In Issue 675 of the Sea-Intelligence Sunday Spotlight, the Danish shipping data analysis firm examined whether the turmoil of the last four years has led to the largest carriers
TMS Awards nominations deadline extended
DUBAI : Due to a late surge in entries, The Maritime Standard has decided to extend the deadline for this year’s TMS Awards to allow those who wish
Ocean container shipping market reaches a tipping point: Xeneta Analysis
OSLO : The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term
Nitin Gadkari emphasises importance of Chabahar Port in strengthening bilateral and regional trade d
TEHERAN : Union Minister Shri Nitin Gadkari attended swearing-in ceremony of Iranian president Masoud Pezeshkian in Iran. “We look forward to continued collaboration and mutual growth, reaffirming our
Container rates out of India on major trades see sharp gains amid capacity woes
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity
Hapag-Lloyd tops schedule reliability rankings, MSC suffers largest decline
GENEVA : In June, global schedule reliability dropped by 1.2 percentage points, compared with the previous month, to 54.4%, according to the latest Sea-Intelligence Global Liner Performance (GLP)
Unifeeder overtakes CMA CGM as second largest intra-Europe operator
AARHUS : Unifeeder is now the second-largest intra-Europe player, surpassing French ocean carrier CMA CGM through capacity additions, according to Alphaliner’s Report. The DP World subsidiary now operates
Ocean Network Express released Financial Result for FY2024 1st Quarter
SINGAPORE : Ocean Network Express (ONE) released the financial result for FY2024 1st Quarter (from April 2024 to June 2024). The revenue for FY2024 1st quarter was US$4,211million,