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January 27, 2023

Maersk and MSC dissolve 2M Alliance

International Shipping, Shipping, Shipping Line, Trending News
The two major container liners have agreed to terminate their current partnership effective January 2025 COPENHAGEN/GENEVA : Maersk and MSC have agreed to terminate the 2M alliance from January 2025. Markets have changed substantially
January 27, 2023

Hapag-Lloyd acquires share in J M Baxi Ports & Logistics Limited

Maritime, Logistics, Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd signed a binding agreement under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate. Additionally, Hapag-Lloyd AG signed
January 27, 2023

Port of Deendayal: New berthing policy

Ports, Trending News
GANDHIDHAM : With effect from 26 January, if a tanker vessel fails to commence cargo operations at the Port of Deendayal, within 4 hours from the time of ‘all fast’, it will be liable
January 27, 2023

JNPA celebrates Republic Day with patriotic fervour

Ports, Trending News
MUMBAI : Jawaharlal Nehru Port Authority (JNPA), India’s premier container port, celebrated India’s 74th Republic Day with patriotic fervour. This year’s celebration was even more special as India is observing its 75th year of
January 27, 2023

How will Maersk-MSC split redraw container shipping landscape?

International Shipping, Trending News
FRANCE : The decision by MSC and Maersk — the world’s two largest container lines — to terminate the 2M vessel-sharing alliance was predictable. The bigger surprise will be what happens next. Will both
January 27, 2023

Experts suggest measures to improve Interest Equalisation Scheme for MSME exports in Budget 2023

EXPORT, Trending News
NEW DELHI : In order to boost exports from the micro, small and medium enterprise (MSME) sector, which constitutes nearly 50 per cent of the country’s exports, experts have called for enhanced measures in
January 27, 2023

MSC CEO Soren Toft will take the stage at TPM23 

International Shipping, Trending News
GENEVA : MSC Mediterranean Shipping Company is eager to participate once again at TPM23 in Long Beach, California. TPM is often regarded as the largest and most important annual conference for the global container
January 27, 2023

Hong Kong flagged cargo ship JIN TIAN sinks off Nagasaki Japan, rescue operation on

Shipping, Trending News
TOKYO : In the freezing cold and windy atmosphere coast guard vessels  of two countries Japan and South Korea were battling in the Pacific ocean, in severe weather conditions, to rescue crew members of
January 27, 2023

AD Ports Group Signs MoU with Tosyalı, one of Turkey’s Largest Private Steel Producers

Foreign Ports, Trending News
ABU DHABI : AD Ports Group  the leading facilitator of global trade, logistics, and industry, has signed a Memorandum of Understanding (MoU) with Tosyalı, one of Turkey’s largest private steel producers, which has operations
January 27, 2023

Baltic Dry Index slides as iron ore shipments kick off 2023 with 13.1% drop

Shipping, Trending News
DENMARK : Despite hopes that a quick economic recovery in China would boost iron ore demand, 2023 has so far been a disappointment for the dry bulk shipping sector. During the first three weeks
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