CMA CGM increases FAK rates from Asia
MARSEILLE : CMA CGM has announced new Freight All Kinds (FAK) rates from Asia to North Europe, the Mediterranean and North Africa. The French carrier says its Asia to North Europe/west Mediterranean FAK (freight
Container freight rates fall to 2019 levels while costs remain high : BIMCO
LONDON : Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has grown 5% and 19% compared with 2022 and 2019 respectively. On the other hand,
KPMG in India and Lineaje announce an Alliance to help organisations safeguard against software supply chain attacks with advanced third-party risk management offerings
MUMBAI : KPMG in India and Lineaje Inc, announced an alliance that will provide organisations and clients with offerings, that enable complete visibility and control over their software supply chain. Together both KPMG in
Supply chain diversification could help India and other emerging markets: Fitch Ratings
NEW YORK : Supply chain diversification will help economies like India contribute more to global trade, Fitch Ratings said in a report released Wednesday, as it projected near shoring and friend-shoring to improve prospects
DP World sets target to decarbonise short-sea shipping
DUBAI : The Dubai-based global ports operator DP World has announced that at least 5.0 per cent of its short-sea shipping would be powered by zero-emission fuels by 2030 through hybrid-electric and methanol-enabled vessels.
ZIM vessels divert from Arabian regional waters
HAIFA : Israeli container vessels are avoiding the Red Sea region as the conflict in Gaza and the heightened regional tension have increased the risks for all ships transiting the Suez Canal. Even so,
DP World delves into Air Cargo with launch of its first Air Cargo Logistics Hub
PUNTA CANA : DP World is building its end-to-end supply chain ambitions with the launch of its first air cargo logistics hub. DP World is easing into the air cargo industry with the launch
Gujarat to host pre-vibrant event ‘Leveraging Logistic Strength of Gujarat for Agro & Food Processing Sector’ on Thursday
GANDHINAGAR : As a precursor to the 10th Vibrant Gujarat Global Summit 2024, a pre-Vibrant Seminar on ‘Leveraging Logistic Strength of Gujarat for Agro & Food Processing Sector’ is scheduled to be held on