Hapag-Lloyd deploys extra-loader for easing disruptions in India
HAMBURG: The spike in demand coupled with limited vessel capacity has caused considerable disruption in the Indian market with customers needing dependable services. Hapag-Lloyd has invested in additional services to ease the build-up of
Maersk CEO Søren Skou expects to make first CarbonNeutral ship order in 2023
Logistics giant AP Moller-Maersk, the owner of the largest shipping company in the world, expects to order its first carbon-neutral ship as soon as 2023. The company is likely to order smaller container ships
MOL’s response to an article on the grounding of the vessel Wakashio
MOL takes its obligations in relation to this incident with utmost seriousness’ Through a communiqué, MOL has put out the following clarification. Excerpts: “Forbes.com published an article on January 6 entitled “Explosive Documents Reveal
OOCL presents 2021 Ocean Alliance products
HONG KONG: “We are pleased to present the latest line up of OOCL’s Ocean Alliance products that will commence from April this year. Since the formation of Ocean Alliance in 2017, the enhancements that
Fresh controversy over ports handling rice cargo
A fresh controversy has erupted over the possible diversion of rice cargo, traditionally meant for the anchorage port, to Kakinada Deep Water Port (DWP). AP Maritime Board is proposing to allow handling of surplus
Indian crew members from China reaches Japan; First batch of crew to fly back tonight
MV Jag Anand, the Indian ship which was stranded at Chinese port of Jingtang has reached Japan on 18th January for crew change. Sufferings of 23 Indian crew members stuck on the ship since
Surging shipping rates pose new headwind for the global economy
Just a few weeks ago, the bottlenecks at ports from Singapore to Los Angeles and Rotterdam were looking like short-term headaches and added costs during peak season. Now they’re threatening to act more like
OOCL reports all-round growth for Q4 & calendar year
For the fourth quarter ended December 31, 2020, OOCL’s total volumes were 23.7% up from the same period last year. Total revenues increased by 51.2% to $2,423 million. Loadable capacity increased by 17.5%. The