Hapag Lloyd hikes dry cargo rates from Canada to India and Middle East
HAMBURG : Hapag Lloyd has announced a general rate increase (GRI) from Canada West Coast to Middle East and the Indian subcontinent for dry cargo transported in 20TEU and 40 TEU containers, beginning 1
CMA CGM adjusts NEMO service due to Red Sea crisis
MARSEILLE : Due to recent attacks on commercial vessels in the Red Sea Region, CMA CGM Group is introducing precautionary measures for the safety of its vessels and crew members. As a result, the
Red Sea ‘scary’ for ships’ crews, says captain
LONDON : “The situation is quite scary. It’s dangerous actually,” Captain Chirag tells the BBC from on board his ship. Along with his crew, he’s worried about the ongoing attacks on commercial ships in the Red
Wan Hai could replace Hapag-Lloyd in THE Alliance: Yang Ming ex-boss
SINGAPORE : Yang Ming Marine Transport’s Ex-Chairman Bronson Hsieh suggested to Taiwanese media that Wan Hai Lines could be a suitable substitute for Hapag-Lloyd in THE Alliance. Wan Hai, which operates solo Transpacific routes,
“Mawani” confirms its International Leadership with the “Best Contributor to Economic Infrastructure Development” Award”
RIYADH : Saudi Ports Authority “Mawani” has been recognized with the “Best Contributor to Economic Infrastructure Development” award at the International Finance Financial Awards ceremony in Dubai. The award acknowledges Mawani’s efforts in continuously
Red Sea crisis likely to dent India’s growth forecast, says BMI a unit of Fitch Group
NEW YORK : Amid rising hostilities in the Red Sea due to Houthi attacks, Fitch Group said South Asian economies would be most affected. They will experience the largest relative increase in maritime trade
Tiger Logistics announced the signing of a MOU with PowerPac Holdings
NEW DELHI : Tiger Logistics (India) Ltd has signed a memorandum of understanding (MoU) with PowerPac Holdings Ltd, a concern of the Sikder Group, Bangladesh, to establish a joint venture (JV) in the logistics sector
Dubai and Pakistan sign agreements to enhance marine and logistics relations
DAVOS : The Governments of Dubai and Pakistan have signed two inter-governmental framework agreements to strengthen their relations in the marine and logistics sectors, including the potential establishment of a Dedicated Freight Corridor and