COPENHAGEN : Due to increased waiting times and congestion at terminals in South East Asia, Maersk has decided to implement seasonal schedules to mitigate delays and improve schedule integrity. Maersk’s SAFINA service will move
SEOUL : HMM, South Korea’s major container line has posted significant gains in first-half revenue and profits. In particular, HMM reported a year-on-year 18.6% growth in its H1 revenue, reaching US$3.64 billion, an 88%
YEMEN : Two crude oil tanker ships reported coming under attack in the Red Sea off the coast of Yemen on Tuesday, although neither reported damage, maritime security agencies said. The attempted assaults on
DUBAI : A Liberian-flagged oil tanker in the Red Sea came under attack three times on Tuesday, including in an assault using a bomb-carrying drone boat, likely the latest in a campaign by Yemen’s
LONDON : Loss due to theft is among the top three causes of claims received on an annual basis by the international freight and logistics insurance specialist, TT Club. Identification of trends, spikes and
BRISBANE : Container xChange, an online container trading and leasing marketplace, is alerting the global container trading and leasing community to the serious repercussions of the recent explosion aboard the Yang Ming vessel YM
HONG KONG : Wallem Group, a leading ship management company, has announced the appointment of Mr. Luis Benito as its new Group Business Development & Marketing Director, effective 19 August 2024. Luis will report directly
HONG KONG : As part of CMB.TECH, Windcat, Europe’s leading offshore personnel transfer company, has ordered six Elevation Series CSOVs in partnership with Damen Shipyards. Windcat will now partner with Anglo-Eastern for the technical
NEW DELHI : In an endeavour to take PM GatiShakti (PMGS) to the district/local level, the Department for Promotion of Industry and Internal Trade (DPIIT) with the technical support of BISAG-N is organising a
NEW DELHI : Shri Ashwini Vaishnaw, Hon’ble Minister for Railways, Information & Broadcasting, Electronics and Information Technology, briefed the media about the new Ajanta Caves Rail Connectivity project. This ambitious initiative aims to enhance