Maersk Asia Pacific Market Update – May 2025
COPENHAGEN : As we move further into 2025, the Asia Pacific logistics landscape continues to be shaped by geopolitical developments, evolving trade policies, and shifting demand patterns. While
Container shipping firms cut Asia-US Service as Trump tariffs collapse trade
LOS ANGELES : Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump‘s punishing tariffs on
SHIPPING: Asia-US container rates flat to higher as capacity reduction offers support
LONDON : Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid efforts to stop the
World’s First Biomethanol-powered Crew Transfer Vessels delivered
TOKYO : Northern Offshore Services (N-O-S), a subsidiary of Northern Offshore Group (NOG), an NYK Group company that operates crew transfer vessels in the global offshore wind industry,
Fast-growing MYCRANE wins Startup of the Year at Construction Technology Awards
DUBAI : MYCRANE, the first global platform for online crane rental, has been named Startup of the Year at the Construction Technology Awards, held on May 1 in
Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade at Northwestern U
PANAMA CITY : The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture, this week, in which he laid out
Breakbulk cargo finds a place on container ships
GOTHENBURG : Even though container ships are primarily designed to transport standard containers, they can also accommodate breakbulk cargo, items that exceed the limitations of container dimensions. This
32 airports closed, security heightened as India-Pak tension escalates
NEW DELHI : The Airports Authority of India (AAI) and relevant aviation authorities have issued a series of notices to Airmen (NOTAMs) announcing the temporary closure of 32
Ind–Pak crisis disrupts freight traffic in South Asia
KOLKATA : India bans the import of goods from Pakistan and the handling of Pakistani cargo in its harbours. Pakistan stops border trade and closes airspace. Shipping companies
First round of India–New Zealand FTA negotiations concludes
NEW DELHI : In a major step towards expanding bilateral trade and investment engagement, the first round of negotiations for the India–New Zealand Free Trade Agreement (FTA) concluded