HAMBURG : Hapag-Lloyd AG shareholders approved with the required majority all items on the agenda put to the vote at the Annual General Meeting. This included the appropriation of the net profit and thereby
VISAKHAPATNAM : Andhra Pradesh’s effort to strengthen its maritime logistics capability is on course as work gathers pace in the construction of four new ports and a notable increase in shipments from the existing
GENEVA : MSC announced the launch of a new loop shuttle service, linking Asia and the West Coast of Mexico. This new service is expected to enhance MSC’s network by providing increased coverage and
LONDON : A sluggish last two years has been left behind according to consultancy MSI in its monthly liner shipping report for April, but the devil is in the detail as figures for early
GENEVA : World’s largest container line Mediterranean Shipping Company (MSC) has expanded and upgraded its previous cargo protection offering, known as “Peace of Mind” insurance, which is now known as “Cargo Cover Solutions”. Under
NEW YORK : Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tonnes of carbon, making it tougher for companies using ocean freight to
RIYADH : Saudi Ports Authority (Mawani) said in a key milestone the first container shipment was recently transported by rail from Jubail Commercial Port to Riyadh Dry Port, a major step that will help
DUBAI : Yemen’s Houthis said they targeted the MSC Darwin container ship in the Gulf of Aden on Thursday, as the Iran-aligned group resumed attacks on commercial ships in the Red Sea region in
ISLAMABAD : The APM Terminals company sees great potential in the Pakistani market and shows keen interest to enhance its investment and operations to support the country’s trade, affirming confidence in the country’s growth
LONDON : In March, the Drewry Dry Bulk Equity Index declined 3.9% and underperformed the S&P 500, which rose 2.3% during the same time. However, the trend reversed in April and the index jumped