PSA Mumbai Welcomes Maersk’s Upsized ME2 Mediterranean Service
MUMBAI : PSA Mumbai welcomed the inaugural call of Maersk Line’s ME2 service with the arrival of the 10,100-TEU “Maersk Gibraltar” on 12th August 2021. The ME2 marks
Hapag-Lloyd’s H1 profit increases almost tenfold
HAMBURG : Hapag-Lloyd has achieved outstanding performance in financial terms during the first half of 2021, as it has benefitted from strong container demand and skyrocketing freight rates, according
MOL to Support Indonesia Towards Coronavirus
TOKYO : Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced that it has decided to procure medical aid supplies and make emergency deliveries in view
K-Line installs carbon capture plant
A joint project, dubbed CC-Ocean (Carbon capture on the ocean), between major shipping players has seen the development and installation of the world’s first carbon dioxide (CO2) capture
History and Transition of Marine Fuel
In the shipping industry, the fuel used by ships is called “bunker”. This comes from the days when ships sailed using coal as fuel, and the term “bunker”
A.P. Moller – Maersk reports record earnings and continued growth momentum in logistics in Q2
COPENHAGEN : In the second quarter of 2021, A.P. Moller – Maersk continued to deliver strong growth and profitability, with record-breaking performance marking the 12th quarter of successive
MSC rejects MCS Industries allegations
GENEVA : Mediterranean Shipping Company (MSC) has announced it is “shocked” to learn of the accusations made and the complaint filed by MCS Industries with the Federal Maritime Commission. MSC said
Major global liners under FMC investigation over congestion surcharges
The U.S. Federal Maritime Commission has sent inquiries to eight major global ocean carriers to provide details about congestion and related surcharges they have implemented or announced. The
“Hapag-Lloyd intends to be the Number One Shipping Company…,” : Dheeraj Bhatia
Within the framework of the opening of its office in Dakar, Hapag-Lloyd granted an exclusive interview to Africa Logistics magazine through Mr. Dheeraj Bhatia. Below is the full
ONE Giant Leap — 1,432% Profit Gain
SINGAPORE : Huge profit gains in ocean shipping have become commonplace this year. But Ocean Network Express’ year-over-year profit increase — 1,432% — is still attention-grabbing. For its