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June 25, 2024

Analysts bullish on logistics but with a caveat

Logistics, Economy, Finance, Trade, Trending News
NEW DELHI : Stocks from the logistics segment may well have seen a slowdown of sorts in the last couple of years, but a large section of market participants believe that the time has
June 25, 2024

Hapag-Lloyd announces TPI Service with US East Coast calls

International Shipping, Shipping Line, Trending News
HAMBURG : Hapag-Lloyd has updated its TPI (INDAMEX) Service rotation w.e.f August 8, 2024 to include stops at Savannah and Charleston, U.S. “As part of these changes, the current INDAMEX 2 (IN2) service will
June 25, 2024

HMM takes delivery of LNG-ready HMM Ruby

International Shipping, LNG, Ship Building, Shipping Line, Trending News
SEOUL : South Korean shipbuilder Hanwha Ocean has handed over a newbuild LNG-ready 13,000 TEU containership, HMM Ruby, to compatriot shipping company HMM. HMM revealed the ship’s delivery via social media update on June
June 25, 2024

Fship plans major expansion: Hiring 100+ professionals to fuel 30% month on month shipment growth

Logistics, COMMERCE, Economy, Trending News
NEW DELHI : Fship, a Delhi/NCR-based, technology-driven shipping aggregator and end-to-end logistics solution provider, is gearing up for a major expansion. The company has announced plans to recruit over 100 new employees by the
June 25, 2024

Dali cargo ship leaves for Virginia, nearly three months after bridge collapse

International Shipping, Foreign Ports, Maritime, Shipping Line, Trending News
BALTIMORE : On March 26, the cargo ship Dali lost power and crashed into one of the Francis Scott Key bridge’s supporting columns and caused the bridge to collapse. The ship headed out of
June 25, 2024

MSC Dhalia Service connecting Asia and Mexico

International Shipping, Shipping Line, Trending News
GENEVA : Mediterranean Shipping Company (MSC) has announced the new Dhalia Service connecting Asia with the west coast of Mexico.The service will feature a rotation that will serve the trade between southern China and
June 25, 2024

Operations in Port of Antwerp resume after container fire

International Shipping, Foreign Ports, Maritime, Trending News
ANTWERP : Operations in Port of Antwerp-Bruges resume after container fire after container fire breaks out, Port of Antwerp-Bruges reported a container fire incident at MSC PSA European Terminal (MPET), quay 1742. On 24 June
June 25, 2024

Port of Melbourne container throughput increases in May

International Shipping, Foreign Ports, Trending News
MELBOURNE : The Port of Melbourne has announced its May trade figures, which indicate a considerable year-on-year (YoY) rise in container throughput to 281,000 TEU. In May 2024, full container import volumes (excluding Bass
June 25, 2024

FMC says D&D cases trebled since pandemic, set to reach historical highs

Container, Export - Import, International Shipping, Maritime, Shipping Line, Trade, Trending News
WASHINGTON DC : Detention and demurrage (D&D) cases handled by the Federal Maritime Commission (FMC) in the United States have trebled since the pandemic and are set to reach historical highs by the end
June 25, 2024

S&P retains India’s FY25 GDP forecast at 6.8%; lower than RBI’s estimate

Trade, COMMERCE, Economy, Finance, Trending News
NEW DELHI : S&P Global Ratings on Monday retained India’s GDP growth forecast for the current financial year at 6.8 per cent and said high interest rates and lower fiscal spur would temper demand.
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