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.
Maritime Industry’s Green Future: KR’s latest Magazine reveals Key Decarbonization Insig
BUSAN : KR (Korean Register) has released insightful analysis of Carbon Intensity Indicator (CII) ratings across its fleet in the fall edition of KR Decarbonization Magazine, offering crucial
The Network of the Future: Maersk updates on the UK port of call
COPENHAGEN : Last month, Maersk reached out with an update on the Gemini Cooperation and the Network of the Future to confirm that they expect to phase in
ZIM reports financial results for the third quarter of 2024; raises full year 2024 guidance
HAIFA : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced its consolidated results for the three and nine months ended September 30, 2024. Third
