Gram Car Carriers agrees to $700 Million acquisition by MSC subsidiary
GENEVA : Gram Car Carriers ASA (GCC) has announced the acceptance of a voluntary cash offer from SAS Shipping Agencies Services Sàrl (SAS), a wholly-owned subsidiary of MSC
AP Moller-Maersk recognised as a Leader in the 2024 Gartner Magic Quadrant™ for third year in a ro
COPENHAGEN : AP Moller-Maersk has been recognized as a Leader in the 2024 Gartner Magic Quadrant™ for Third-Party Logistics (3PL) report. It’s the third consecutive year that Maersk has been
PSA Singapore and PIL successfully trial a Low-carbon End-to-End Shipment, furthering Supply Chain D
SINGAPORE : PSA Singapore (PSA) and Pacific International Lines (PIL) announced the completion of their first trial of low-carbon green shipments, in a joint effort to build a more sustainable
Yemen’s Houthis attacked 3 Ships in Red Sea and Indian Ocean
YEMEN : A military spokesman for Yemen’s Houthi Group has announced that the group had launched attacks on three ships in the Red Sea and Indian Ocean. “The
Dry bulk sailing distances jump 31% for routes using the Panama Canal : BIMCO
LONDON : “The limits in daily transits in the Panama Canal have significantly affected the dry bulk market, with transits down 74% y/y between January and April 2024.
DP World Cochin handles largest-ever container vessel MSC MARA
KOCHI : DP World has handled its largest-ever container vessel, MSC MARA at the International Container Transshipment Terminal (ICTT). With a length of 364 metres, a width of
Docking of largest container ship shows Mundra Port’s unmatched capabilities: Karan Adani
AHMEDABAD : The docking of the largest container ship ever at an Indian port highlights Mundra‘s unmatched capabilities and a testimony to the company’s nation building efforts, Mr.
Hapag-Lloyd christens new LNG dual-fuel 23,600 TEU-Damietta Express
HAMBURG : German shipping heavyweight Hapag-Lloyd has held a christening ceremony for its new liquefied natural gas (LNG) dual-fuel 23,600 TEU containership ‘Damietta Express‘. As informed, the ceremony
Yang Ming anticipates for a rare fifth consecutive profitable 2024
TAIWAN : Yang Ming Marine Transport’s management said at the company’s shareholders’ meetingthat the company anticipates 2024 to become a rare fifth straight profitable year. In 1Q 2024,
APSEZ creates history of docking largest container ship at Indian port
MUNDRA : Adani Ports and Special Economic Zone Ltd (APSEZ) on Sunday said its flagship Mundra Port has created yet another record by welcoming the largest container ship