FMC issues request for additional information regarding Gemini Agreement
LONDON : A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week because more information is needed by
CMA CGM introduces US$1,000 surcharge from India West Coast to East Africa and Indian Ocean
MARSEILLE : French ocean carrier CMA CGM has notified its customers of an upcoming Peak Season Surcharge. This surcharge will be effective from 1 August 2024 (based on
CSP’s Abu Dhabi Terminal’s cumulative throughput exceeds 5 million TEUs
ABU DHABI : On July 5th, (COSCO SHIPPING Ports)CSP’s Abu Dhabi Terminal surpassed 5 million TEUs in throughput. Since its opening in December 2018, the terminal has launched
OOCL achieves growth in both revenue and volumes
SINGAPORE : Orient Overseas Container Line (OOCL) has announced increased revenues and volumes in the second quarter of the year compared to the same period in 2023. In
Maersk introduces SH3 Ocean Service between China and Bangladesh, adding capacity, flexibility and e
COPENHAGEN : A.P. Moller-Maersk launched a new ocean shipping service between China and Bangladesh to meet the growing trade demand, especially in the retail industry. The new service,
How ‘Make in India’ and NLP Initiatives Strengthen India’s Shipping and Logistics
One of the biggest logistics industries globally, India connects various sectors by offering supply chain, warehousing, and transportation solutions from suppliers to customers. This industry is critical to
Pause in Transpacific rate surge
SHANGHAI : Transpacific freight rates have corrected after rising for more than three months, as capacity additions have begun making an impact. When the Shanghai Containerised Freight Index (SCFI) closed
House of Shipping appointed as Strategic Marketing and Communications Advisor for Gulftainer
DUBAI : House of Shipping, a leading provider of business consultancy and advisory services in the maritime, shipping and logistics industries, announced it has signed an agreement with
Baltic index declines as capesize rates fall
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Monday as rates for capesize vessels declined.
PM lays foundation stone and dedicates to nation multiple projects worth more than Rs 29,400 crores
MUMBAI : The Prime Minister Shri Narendra Modi laid the foundation stone and dedicated to the nation multiple projects related to the road, railways and ports sector worth