Cabinet clears Malabar port and SEZ draft proposal
NEW DELHI / KANNUR : On Wednesday, the Cabinet approved the draft proposal for the Malabar International Port and Special Economic Zone Limited (MIPSL) project at Azhikkal in
Maersk says global trade ‘Resilient’ amid economic challenges
COPENHAGEN : Maersk’s latest Asia Pacific Market Update paints a picture of resilient global trade despite economic challenges. The report highlights a robust global economy with 2.6% projected GDP growth
MSC’s market share now nearly 20%, Maersk under pressure
GENEVA : MSC now has a market share of nearly 20% in the container the shipping industry, an all-time high for any liner operator. According to Alphaliner, MSC
X-Press Feeders Expands Europe’s First Green Methanol-Powered Feeder Network with the Launch of Gr
ROTTERDAM : X-Press Feeders, the world’s largest independent common carrier, today announced the launch of its second green methanol-powered route, the Green Baltic X-PRESS (GBX). It is part
Wallem Group’s ESG report shows growing commitment to sustainable maritime practices
HONG KONG : Wallem Group, a leading global maritime partner, has released its Environmental, Social and Governance (EGS) report, reinforcing its commitment to safe, sustainable and responsible practices
Maersk opens the doors to its largest Logistics Park at Jeddah Islamic Port in Saudi Arabia
JEDDAH : A.P. Moller – Maersk (Maersk) and the General Ports Authority of Saudi Arabia ‘Mawani’ announced the opening of the largest Logistics Park for Maersk in the
Sinolines introduces new North China-Philippines service
SHANGHAI : Sinotrans Container Lines (Sinolines) is launching a new service between north China and the Philippines The new brand North China – Philippines (NCP) service operate on
MSC restarts Far East-Australasia Service as rates head north
GENEVA : As Far East-Australia rates have been going up, Mediterranean Shipping Company willrelaunch the North Asia-ANZ Wallaby Service. The service connects Hong Kong, Yantian, Xiamen, Shanghai, Ningbo, Sydney, Melbourne,Auckland,
ZIM reports improved revenues of $1.93 billion in Q2 2024
HAIFA : ZIM Integrated Shipping Services Ltd. (ZIM) has reported its consolidated results for the three and six months of the year. In the second quarter, net income
DP World Cochin sustains strong momentum with 73,636 TEUs handled in July 2024
KOCHI : DP World, a leading global provider of smart end-to-end supply chain solutions, on Monday announced that its International Container Transshipment Terminal (ICTT) at Cochin delivered a