Maersk sees Red Sea conflict absorbing up to 20% ship capacity
COPENHAGEN : A.P. Moller-Maersk A/S expects that the shipping industry this quarter will spend 15% to 20% of its Asia-to-Europe vessel capacity on sailing south of Africa to
SeaLead appoints Ashok Pillay as Managing Director for North and Southeast Asia
SINGAPORE : SeaLead, a fast-growing global shipping line, announced the appointment of Ashok Pillay as the new Managing Director for North and Southeast Asia. This strategic move encompasses
Milaha reports QR 365 million in net profit for Q1 2024
QATAR : Qatar Navigation Q.P.S.C. (Milaha), has announced recently its financial results for the three months ended March 31, 2024. Key Financial Highlights: Milaha Maritime & Logistics’ net profit decreased by
IRClass Systems and Solutions Pvt Ltd launches a suite of sustainability services
MUMBAI : IRClass Systems and Solutions Pvt Ltd (ISSPL), through its division – Indian Register Quality Systems, a leading provider of management systems certification services, has announced the
India Ratings raises sovereign GDP growth estimate for FY25 to 7.1%
NEW DELHI : India Ratings and Research have revised upward their GDP growth estimate for FY25 to 7.1%, citing strong government expenditure, improved corporate and banking sector balance sheets, and
India allowed the export of non-basmati white rice to Mauritius through National Cooperative Exports
NEW DELHI : The Indian Government has permitted the export of 14,000 tonnes of non-basmati white rice to Mauritius, according to an official notification. The exports are allowed
KSH Logistics expands Multi-Client Warehousing capacity in Chennai
MUMBAI: KSH Logistics, one of India’s leading providers of integrated supply-chain logistics solutions, announces the expansion of its multi-client warehousing facility in Chennai, setting a new standard in
Maximizing Efficiency : A Deep Dive into Automation Advancements in the Logistics Industry
By Mr. Sandeep Bansal, Chief Business Officer, Falcon Autotech In today’s fast-paced world, efficiency is paramount in the logistics industry. As leaders in intra-logistics, we are constantly seeking
The CMA CGM GREENLAND, an LNG-powered container ship, in Marseille to welcome the Olympic flame, wil
MARSEILLE : CMA CGM GREENLAND, a 15,000 TEU (Twenty-Foot Equivalent Unit) container ship powered by liquefied natural gas (LNG), will take part in the grand nautical parade around
Hapag-Lloyd and IKEA collaborate to advance cleaner shipping
HAMBURG : Hapag-Lloyd has entered a cooperation with IKEA Supply Chain Operations to decarbonise the Hapag-Lloyd container shipments originating from Asia, marking an important step towards a more