SINGAPORE : Container rate levels are seeing the expected levelling out prior to Chinese New Year as the initial shock of the Red Sea crisis wanes and new vessels are deployed to meet the
SINGAPORE : DHL Global Forwarding, the freight specialist of DHL Group, has been certified as Top Employer in Asia Pacific for the fifth year in a row. Eight countries in Asia Pacific, Bangladesh, India,
YEMEN : Two American-flagged ships carrying cargo for the US Defence and state departments came under attack by Yemen’s Houthi rebels on Wednesday, officials said, with the US navy intercepting some of the incoming
ZURICH : ABB announced it has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (hereinafter DTN Shipping), expanding the company’s offering in maritime software. This will
LONDON : Tanker trades are facing continued disruption for some time yet as more owners steer clear of the Red Sea. Ship tracking data suggests tanker traffic has dropped further in the region over
ISTANBUL : Specialized ship manager Chemfleet has confirmed that an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda has yielded fuel savings of around 10%. Trials following the installation of Berg MPC800M
NEW DELHI : Prime Minister Shri Narendra Modi will on Thursday inaugurate the double line, electrified section of the crucial connectivity between the Western and the Eastern Dedicated Freight Corridors from New Rewari Junction
AHMEDABAD : Adani Ports and Special Economic Zone Ltd, India’s largest ports and logistics company, on Monday, said it has received approvals from the National Company Law Tribunal (NCLT) for acquiring the remaining 58.1
GENEVA : In the wake of mounting tensions in the Red Sea, FIATA has released a call to action for strengthened international dialogue and monitoring between governments and industry decision-makers to ensure maritime supply
CAPETOWN : Mediterranean Shipping Company S.A, the world’s largest container shipping line, has suspended two services from India, one destined for the U.S. and the other for the Mediterranean. Concurrently, French carrier CMA CGM