NEW DELHI : In a significant boost to India’s cold chain logistics, the Container Corporation of India (CONCOR), in collaboration with Parekh Marine Services Pvt. Ltd. and Arkasline, flagged off the country’s first Double
SINGAPORE : Wan Hai Lines is expanding its service network by launching a (FM1)Far East to East Mediterranean direct service. The service will be operated by 4,300 ~ 5,000 TEU vessels. Port rotation of
NEW YORK : OrbitMI, a leading provider of maritime SaaS software, announced the appointment of Egil Husby to its Board of Directors. A seasoned shipping strategist and risk management professional, Husby brings more than
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a two-week low on Tuesday due to lower demand for capesize vessels. * The
LONDON : Credits offered by DP World to customers through its world-first Carbon Inset Programme trial will see a fivefold increase, helping businesses reduce their indirect (Scope 3) emissions. Following the programme’s initial success,
HAMBURG : Hanseatic Global Terminals is pleased to announce the appointment of Benoit Klein as its new Managing Director for CNMP Le Havre, France, effective September 1, 2025. With a strong background in operational
LONDON: The British International Freight Association (BIFA) has appointed Jack Rice as its new regional representative for Scotland. With over 15 years of experience in the freight forwarding and customs brokerage industry, Rice currently
MUMBAI : On the eve of India’s 79th Independence Day, the Shipping Corporation of India (SCI) marked a major milestone with the induction of VLGC Sahyadri, a Very Large Gas Carrier measuring 225 metres
HAMBURG : Hapag-Lloyd concluded the first half of 2025 with a Group EBITDA of USD 1.9 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.7 billion (EUR 0.6 billion) and the Group
SEOUL : Hyundai Merchant Marine (HMM) has reported robust earnings for the first half of 2025, posting revenue of KRW 5.48 trillion ($4.12 billion) and a net profit of KRW 1.21 trillion ($910 million).