HAMBURG: There is no specific timeline for when the shipping industry will resume sailing through the Suez Canal, but any return would be gradual, the Chief Executive of Hapag-Lloyd, the world’s fifth-largest container company,
OSLO: Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of
HOUSTON: Rates for shipping containers from east Asia and China to the US were mixed this week as import demand remains soft, capacity ample, but some rate hikes have gained traction. Rates from supply
NEW DELHI: The Ministry of Ports, Shipping and Waterways (MoPSW) convened a crucial stakeholder consultation meeting on Friday, 5th December, 2025 in New Delhi, led by Shri Vijay Kumar (IAS), Secretary, MoPSW, to advance
HAMBURG: Hapag-Lloyd, the German shipping company traded in Frankfurt with a market value of 20 billion euros, is interested in acquiring ZIM. However, ZIM’s workers’ committee opposes the move, citing security concerns. They argue
RUNGIS: SIIM ((Société Internationale d’Importation de Fruits et Légumes) and CMA CGM have signed a strategic agreement for 2026 covering the weekly transport of more than 70 refrigerated containers of pineapples and bananas from
ABU DHABI: Under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region; in the presence of Sheikh Rashid bin Hamdan bin Zayed Al Nahyan and
LONDON: The Drewry World Container Index (WCI) rose 7% to $1,927 per 40ft container after three weeks of decline, mainly due to rate hikes on Transpacific and Asia–Europe trade routes. Following three weeks of
THIRUVANANTHPURAM: Vizhinjam International Seaport, developed and operated by Adani Ports and Special Economic Zone Ltd. (APSEZ) in partnership with the Government of Kerala, has completed its first year of commercial operations on 3rd December,
MUMBAI: Gujarat Pipavav Port Ltd. (GPPL), marketed as APM Terminals Pipavav, has entered into a non-binding Memorandum of Understanding (MoU) with NYK India to significantly expand its Roll-on/Roll-off (RoRo) infrastructure, in a move aimed