MSC in battle with Maersk for Denmark’s largest container port
AARHUS : According to the local media, Maersk-owned APM Terminals seems to be on its way to leave Denmark’s largest container port of Aarhus. MSC is reportedly in negotiations with the Danish port to
MSC CEO Vows to Stand Alone as Global Shipping Rivals Team Up
GENEVA : MSC Mediterranean Shipping Company SA plans to brave volatile shipping markets on its own, ruling out a new alliance just months before its partnership with A.P. Moller-Maersk A/S ends. “We want to be standalone,” Chief
SeaLead expands network with Spain-Türkiye-Morocco service, boosting Europe-Africa connectivity
SINGAPORE : SeaLead, a fast-growing global shipping line, has launched its new Spain Türkiye Morocco (STM) service, further expanding its coverage in the Mediterranean region. The service, starting from 13 September 2024, connects major
Great Eastern Shipping sells oldest suezmax tanker as fleet clear-out extends
MUMBAI : The Great Eastern Shipping Company Limited (GE Shipping) announced that it has contracted to sell its 2005-built Suezmax Crude Tanker, Jag Lalit. The vessel, with a capacity of approximately 158,344 deadweight tonnage (dwt), will
India to protect small retailers from E-commerce : Piyush Goyal
NEW DELHI : Commerce Minister Shri Piyush Goyal on Wednesday said that the government will protect the interest of 100 million small retailers, who are facing competition from major e-commerce players. Last month, the
Growth must go hand-in-hand with sustainability : BVR Subrahmanyam
NEW DELHI : “The growth and rise of India is undeniable but it is happening in times which are very different. This is the first time in the history of mankind that a large
DSV wins bid to acquire DB Schenker
HEDEHUSENE : Danish logistics giant DSV has secured the bid to acquire DB Schenker, the rail logistics division of Deutsche Bahn (DB), for around €14b. According to Reuters, sources within the DB railway sector and
Odisha Cabinet nod to transfer Gopalpur Port’s 95% equity shares to Adani Ports
BHUBANESWAR : The Odisha Cabinet on Thursday proposed to develop Gopalpur Port as an all-weather deep breathing seaport through a Public Private Partnership (PPP) in the Build Own Operate Share Transfer (BOOST) mode. Gopalpur
