Maersk transports 3% of containers using green fuels in 2023
COPENHAGEN : AP Moller Maersk carried over 660,000 teu last year on vessels using green fuels last year. The use of green fuels saving over 683,000 tonnes of greenhouse gases from being emitted into
CMA CGM and GTS Logistic establish JV for decarbonized transportation and logistics services
MARSEILLE : CMA CGM-the French logistics major and GTS General Transport Service, a leading Italian intermodal company, announced the establishment of a joint venture to offer reliable, affordable and decarbonised transportation and logistics services
US East Coast Ports face challenge of diverted Baltimore cargo : Drewry
LONDON : Maritime industry consultancy Drewry flags potential challenges for the US East Coast ports due to the diversion of Baltimore’s container volumes combined with expected market growth in 2024. The Port of Baltimore is the
Vizag Port sets new record by crossing 80 MT mark in cargo handling
VISAKHAPATNAM : The Visakhapatnam Port Authority (VPA) created a new history in Cargo Handling, on March 27, four days prior to the financial year of 2023-24 by handling 80.05 Million tonnes at Visakhapatnam Port.
Logix India 2024: Opens new vistas of opportunities for further enhancement of logistics ecosystem in the country
MUMBAI : The 5th Edition of Logix India, a flagship logistics event organized by the Federation of Indian Export Organisations (FIEO) with the support of Ministry of Commerce & Industry, Government of India concluded
Container lines record combined EBIT loss of US$1.44 billion in 2023 Q4 : Sea-Intelligence
COPENHAGEN : Following Sea-Intelligence‘s previous announcement on 21 March, which provided insights into the fiscal year 2023 results, the data analysis firm now delves into the operating profit specifically for the fourth quarter of
Asia container exports to US surge in February
TOKYO : In February, container exports from 18 Asian countries and regions to the United States experienced a significant rebound compared to the previous year. According to Japan International Freight Forwarders Association, Inc. (JIFFA),
Scan Global Logistics plans for further acquisitions
COPENHAGEN : Fast-growing Scan Global Logistics said it is planning to make more acquisitions with a focus on growing in key markets. Following the announcement of its full-year results, SGL said that its acquisition