EBIT surge 600% YoY for major carriers in Q3 2024
COPENHAGEN : The major carriers have reported a combined Q32024 EBIT of $17.06 billion, which is a 600 percent increase year-on-year. The shipping industry witnessed a remarkable turnaround
Container Shipping Hedges Green Transition With Dual-Fuel Vessel Orders
LOS ANGELES : Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising
Sweden seeks deepened defence ties with Singapore, especially in maritime security
SINGAPORE : Deepening defence ties, especially in terms of maritime security, emerged as one of Sweden’s key priorities during a three-day state visit by the Scandinavian nation’s King
Cultivating Partnerships with the Americas : WCO insights from the Munich Leaders Meeting
RIO DE JANEIRO : On the sidelines of the G20 Leaders Summit, Ian Saunders, the Secretary General of the World Customs Organization (WCO), participated in the Munich Leaders
Piyush Goyal urges industry to strengthen quality standards, appoint representatives
NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal highlighted the need to raise quality standards in India, urging the industry to leverage its technical committees
India looks for equity, balance and fair trade when negotiating a FTA: Piyush Goyal
NEW DELHI : Union Minister of Commerce & Industry Shri Piyush Goyal during his keynote speech at the 27th CITIC CLSA India Forum in Mumbai said that India
Adani Group stock crash sparks concerns over Vizhinjam Seaport’s future
THIRUVANANTHAPURAM : The charges filed against billionaire Gautam Adani and seven others in an alleged multibillion-dollar bribery and fraud scheme in the United States have cast doubt on
Gati Shakti plan initiates Southern India’s rail projects accelerate to connect major ports
NEW DELHI ; The Network Planning Group (NPG) meet on Monday (18 November) to review critical railway infrastructure projects aimed at enhancing freight capacity, connectivity, and regional economic
India sets sights on entering Global Container Shipping Market
NEW DELHI : India is making its first foray into the international container shipping market by engaging top consultants to conduct research and draft a strategic plan. This
Maersk transforms a warehouse at its Chennai CFS into an all-women-operated facility
CHENNAI : A.P. Moller – Maersk (Maersk)on Thursday announced the transformation of one of its warehouses at its Container Freight Station (CFS) in Ponneri, Chennai, into a women-operated
