July 5, 2024
March 20, 2026
July 5, 2024
MSC’s market share now at 20% as fleet nears 6 million TEUs
GENEVA : MSC now has a market share of 20%, as its aggressive newbuilding drive and ship purchases placed the largest liner operator’s fleet at just under 6 million TEUs. Alphaliner’s report stated that
July 5, 2024
Road to Revolution: Transforming India’s waterways and infrastructure for growth
KOLKATA : The Government of India has embarked on a transformative journey to revolutionize the nation’s infrastructure, aiming to enhance economic growth, connectivity, and quality of life. With a concentrated effort on modernising transportation
July 5, 2024
PSA International wins recognition at the ESQR Best Quality Leadership Awards
BRUSSELS : PSA International has received the ‘Best Quality Leadership Award’, given out by the European Society for Quality Research (ESQR) on 30 June. The ESQR’s Best Quality Leadership Award recognises companies, organisations, institutions, public administrations
July 5, 2024
CEVA Logistics continues strategic transformation, grows core products by integrating Bolloré Logistics
MARSEILLE : CEVA Logistics, the logistics subsidiary of the CMA CGM Group, announced a new vertical organization aimed at allowing its customers to more easily benefit from its global logistics capabilities across its breadth of
July 5, 2024
US trade deficit jumps in May to highest level since 2022, Gap widens 0.8%
WASHINGTON D.C. : The U.S. International Trade deficit widened 0.8% in May to $75.1 billion, the Commerce Department said Wednesday. It is the largest deficit since October 2022. Economists surveyed by The Wall Street
July 5, 2024
Dry Bulk Market: Freight Rates and Ships’ Prices on the Rise
ATHENS : The dry bulk market is witnessing a “euphoria” phase of past times, with freight rates and asset prices on the rise over the past few weeks. In its latest weekly report, shipbroker
July 5, 2024
DHL Global Forwarding and Shell Eco-marathon extend partnership to empower the changemakers of tomorrow
JAKARTA : DHL Global Forwarding, the freight specialist of DHL Group, has announced its continued partnership as the Official Logistics Partner for the Shell Eco-marathon Asia Pacific and the Middle East competition. Building on
July 5, 2024
Baltic index hits one-week low on weaker vessel rates
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week low on Thursday, dragged by weaker demand across all vessel segments. The
July 5, 2024