Hapag Lloyd’s China Germany Express Service updates
HAMBURG : Hapag Lloyd announced that from January 2025 the weekly service will have a rotation change with an extended port coverage in Asia and Europe, in the
Sallaum Lines opens doors to Chinese OEMs amid major investments
SHANGHAI/ ROTTERDAM : Imbalanced trades, capacity constraints at sea and in port, and lack of labor have put Europe’s best performing finished vehicle handling ports and shipping companies
Baltic index hits more than two-week low as larger vessel rates dip
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in more than two
Shipping Corporation shares rises up to 6% after Union Govt lists three shipping bills
MUMBAI : The Shipping Corporation of India (SCI) shares in the stock market rose up to 6 per cent to hit an intraday high of Rs 218.85 a
CONCOR looking for global partnerships with shipping lines like Maersk, domestic expansion in the wo
NEW DELHI : CONCOR (Container Corporation of India) is in the process of making partnerships with major shipping lines like-Maersk – to offer end-to-end solutions including their flagship first
EBIT surge 600% YoY for major carriers in Q3 2024
COPENHAGEN : The major carriers have reported a combined Q32024 EBIT of $17.06 billion, which is a 600 percent increase year-on-year. The shipping industry witnessed a remarkable turnaround
Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders
LOS ANGELES : Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising
Maersk transforms a warehouse at its Chennai CFS into an all-women-operated facility
CHENNAI : A.P. Moller – Maersk (Maersk)on Thursday announced the transformation of one of its warehouses at its Container Freight Station (CFS) in Ponneri, Chennai, into a women-operated
MSC launches New Direct Service from Eastern Cape Region to Northern Europe
GENEVA : MSC is pleased to announce the launch of Eastern Cape Express Service, a new weekly service from Gqeberha (Port Elizabeth) and Walvis Bay directly to Northern Europe ports
BDI still down 10% despite recovery in capesize demand : BIMCO
LONDON : “The Baltic Dry Index (BDI) has recovered since the start of November due to stronger capesize freight rates, but the index is still down 10% y/y.