January 31, 2024
March 15, 2026
January 31, 2024
UNCTAD : Red Sea conflict adds insult to global trade’s injuries
LONDON : UNCTAD has raised profound concerns over escalating disruptions to global trade. The Intergovernmental Body noted that recent attacks on ships in the Red Sea, combined with geopolitical tensions affecting shipping in the Black
January 31, 2024
Hapag-Lloyd sees financial figures decline amid slight box volume increase
HAMBURG : German ocean carrier Hapag-Lloyd reported a significant decrease in earnings in the 2023 financial year, while its container volumes saw a slight uptick. According to preliminary and unaudited figures, the Hamburg-based company’s
January 31, 2024
Box lines launch Red Sea services despite Houthi risks
SINGAPORE : Mainline operators which are still offering Red Sea services are configuring their routes to transit the troubled region. Hapag-Lloyd has launched an ad hoc Jeddah Express (JDX) service calling at Tanger Med,
January 31, 2024
Contrasting schedule reliability in Taiwan’s container lines, Evergreen tops in December 2023
COPENHAGEN : Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and covering schedule reliability across 34 different trade lanes
January 31, 2024
INS Sumitra Carries out 2nd Successful Anti Piracy Ops – Rescuing 19 Crew members and Vessel from Somali Pirates
NEW DELHI : Indian Naval Ship Sumitra, having thwarted the Piracy attempt on FV Iman, has carried out yet another successful anti-piracy operation off the East Coast of Somalia, rescuing Fishing Vessel Al Naeemi and
January 31, 2024
ClassNK grants Innovation Endorsement for Products & Solutions to Cydome Everlight
TOKYO : ClassNK has granted its Innovation Endorsement*1 for Products & Solutions to a cyber security solution “Cydome Everlight” developed by Cydome Security LTD. Cydome Everlight is a solution to support ship’s full-scope cybersecurity management
January 31, 2024
Logistics startups slash jobs as freight volumes drop
SAN FRANCISCO : Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the industry, according to a report on
January 31, 2024
KEZAD Group announces AED 621m investment for New Warehousing Capacity
ABU DHABI : Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones, today announced that it has commenced the development of warehousing capacity of more than
January 31, 2024