HAMBURG : Hapag-Lloyd published its annual report for 2022, the year of its 175th anniversary. According to the report, Hapag-Lloyd’s EBITDA increased to USD 20.5 billion (EUR 19.4 billion). EBIT grew to USD 18.5
RIYADH : A new law aimed at boosting investments and trade in Dubai’s maritime sector has been issued by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE. Under
SINGAPORE : Singapore-based feeder operator Bengal Tiger Line (BTL) launches new India – Saudi Arabia – Iraq (ISI) Shipping Service. The ISI service will link the Dammam-based hub to the Indian port of Mundra
KARACHI : Dalsey, Hillblom and Lynn (DHL), a global logistics company, announced the suspension of some of its operations partially in Pakistan due to the government’s restrictions on outbound remittances. DHL Pakistan has informed
SHANGHAI : COSCO SHIPPING Ports confirmed the completion of the acquisition of 56% of the equity interest in Xiamen Haicang Free Trade Port Zone Company and 30% of the equity interest in Xiamen Ocean
SINGAPORE : With the aim of continually improving its connectivity from Asia and enhancing its coverage of the Middle East, Pacific International Lines (PIL) is pleased to introduce an additional service, known as Gulf
VANCOUVER/ TOKYO : Methanex Corporation (Methanex) and Mitsui O.S.K. Lines, Ltd. (MOL) are pleased to announce the dual-fuel vessel “Cajun Sun” successfully completed the first-ever net-zero voyage fuelled by bio-methanol. The voyage is an
NEW DELHI : Prime Minister Shri Narendra Modi on Wednesday said that well-planned cities will determine the fate of the country, asserting that India’s position in the world would have been completely different if
DIBRUGARH : Ganga and Brahmaputra river channels are ready for large scale movement of goods and services according to Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal. Speaking at the sidelines of a
NEW DELHI : Shri Piyush Goyal, the Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles said that developed and developing countries must have different goals and timelines while