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March 4, 2023

Maersk drops Doha port call on Arabian Star service

International Shipping, Shipping Line, Trending News
COPENHAGEN : Maersk announced the change of the port rotation of its Arabian Star service by removing the Doha Westbound call. The decision will be effective from the 17th week of the year. The
March 4, 2023

Kuehne+Nagel further strengthens Africa footprint with new West Africa cluster

Logistics, Trending News
DUBAI : Kuehne+Nagel will serve its customers in Africa with an even stronger service: The Group on Friday announced that Alexandre Muratore has been appointed Managing Director of the newly established West Africa Cluster
March 4, 2023

Container lines’ schedule reliability dips slightly at start of 2023

International Shipping, Shipping Line, Trending News
COPENHAGEN : Sea-Intelligence reported that while schedule reliability continued to increase for much of 2022, in January 2023 there has been a month-to-month decline of 3.8%, reaching to 52.6%. Despite this decrease, schedule reliability
March 4, 2023

Shipping Companies Reach $97M California Oil Spill Agreement

International Shipping, Maritime, Shipping Line, Trending News
CALIFORNIA : Shipping companies will pay nearly $97 million to settle a lawsuit with a pipeline operator over a 2021 oil spill off the coast of Southern California, the pipeline company said Wednesday. Amplify Energy, the Houston-based
March 4, 2023

China likely to dominate 2023 oil demand growth: MSI

Tanker, International Shipping, Shipping, Trending News
SHANGHAI : Tanker markets have performed well over the first two months of the year, with sharp increases in spot earnings in both the crude and products sectors, according to Maritime Strategies International (MSI).
March 3, 2023

PM GatiShakti National Master Plan and National Logistics Policy (NLP) together will greatly help both businesses and people : Piyush Goyal

EXPORT, Trending News
NEW DELHI : Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal said that PM GatiShakti National Master Plan and National Logistics Policy (NLP) together will
March 3, 2023

Nitin Gadkari meets Austrian Delegation led by Ambassador of Republic of Austria to India, Ms. Katharina Wieser

Technology, Infrastructure, Transport, Trending News
NEW DELHI : Union Minister for Road transport and Highways  Shri Nitin Gadkari met Austrian Delegation led by Ambassador of Republic of Austria to India, Ms. Katharina Wieser. In the meeting, views were exchanged
March 3, 2023

Hapag-Lloyd CEO says he is optimistic about shipping development in India

International Shipping, Shipping, Shipping Line, Trade, Trending News
FRANKFURT: German container liner Hapag-Lloyd (HLAG.DE) sees great opportunity in India where containerisation levels are still low, Chief Executive Officer, Mr. Rolf Habben Jansen told reporters on Thursday. Having accompanied German Chancellor Olaf Scholz on a
March 3, 2023

Adani Ports announces 10% growth in cargo volumes in February

Ports, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday announced that it handled approximately 26.5 million metric tonne (MMT) of total cargo, implying a year-on-year growth of about 10 percent this
March 3, 2023

DPIIT starting exercise to prepare logistics cost framework

Logistics, Trending News
NEW DELHI : The department for promotion of industry and internal trade (DPIIT) is starting an exercise to prepare a framework for determining logistics cost in the country, an official said on Thursday. For
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