Dubai cargo disrupted after flash floods
DUBAI : Cargo operations in Dubai continue to face disruption following flash flooding that temporarily closed Dubai International (DXB) Airport. The UAE on Tuesday recorded its heaviest rainfall
Stormy weather disrupts Middle East supply chains network
DUBAI : Unusual weather across the Persian Gulf region have sparked serious concerns for ocean and air freight stakeholders, dealing another blow to supply chains already caught up
Jawaharlal Nehru Port Authority takes strides towards green future with Zero Emission Trucking initi
MUMBAI : The Jawaharlal Nehru Port Authority (JNPA), a leading container handling Port in India, marked a significant milestone in its journey towards sustainability with the announcement of
PIL posts US$277.6 million earnings for FY2023, expects to stay profitable in FY2024
SINGAPORE : Container carrier Pacific International Lines (PIL) posted US$277.6 million in net profit for FY2023 – about 10 per cent of its FY2022 earnings of US$3 billion
Maersk enhances ME2 Service between India and North Europe
MUMBAI : Maersk announces a significant upgrade to its ME2 Ocean Service. As of third week of April, the ME2 service will include port calls to key destinations
PIL enhances presence in East Coast South America with two revamped direct services- East Coast Serv
SINGAPORE : With the aim of improving and enhancing our presence in East Coast South America, Pacific International Lines (PIL) is pleased to introduce two revamped weekly direct
India delivers 1st batch of BrahMos supersonic cruise missiles to Philippines
NEW DELHI : India on Friday delivered the first batch of BrahMos supersonic cruise missiles and launchers to the Philippines, two years after the two countries signed a
Iran-Israel clash may further disrupt the shipping industry
LONDON : The ongoing conflict between Iran and Israel has the potential to further disrupt the shipping industry, raising global concerns about maritime security and increasing the war-risk
Russia builds new Asia trade routes to weaken sanctions over war
MOSCOW : Russia is pressing ahead with the construction of two new transport corridors linking Asia and Europe, seeking to weaken sanctions over its war in Ukraine at
Red Sea disruption pushing up container values and rates
Container values have risen significantly across almost all sectors and age categories since the start of the year. Following an extended period of declines, where values fell steadily