Maersk and MSC dissolve 2M Alliance
The two major container liners have agreed to terminate their current partnership effective January 2025 COPENHAGEN/GENEVA : Maersk and MSC have agreed to terminate the 2M alliance from
Hapag-Lloyd acquires share in J M Baxi Ports & Logistics Limited
HAMBURG : Hapag-Lloyd signed a binding agreement under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private
Port of Deendayal: New berthing policy
GANDHIDHAM : With effect from 26 January, if a tanker vessel fails to commence cargo operations at the Port of Deendayal, within 4 hours from the time of
JNPA celebrates Republic Day with patriotic fervour
MUMBAI : Jawaharlal Nehru Port Authority (JNPA), India’s premier container port, celebrated India’s 74th Republic Day with patriotic fervour. This year’s celebration was even more special as India
How will Maersk-MSC split redraw container shipping landscape?
FRANCE : The decision by MSC and Maersk — the world’s two largest container lines — to terminate the 2M vessel-sharing alliance was predictable. The bigger surprise will
Experts suggest measures to improve Interest Equalisation Scheme for MSME exports in Budget 2023
NEW DELHI : In order to boost exports from the micro, small and medium enterprise (MSME) sector, which constitutes nearly 50 per cent of the country’s exports, experts
MSC CEO Soren Toft will take the stage at TPM23
GENEVA : MSC Mediterranean Shipping Company is eager to participate once again at TPM23 in Long Beach, California. TPM is often regarded as the largest and most important
Hong Kong flagged cargo ship JIN TIAN sinks off Nagasaki Japan, rescue operation on
TOKYO : In the freezing cold and windy atmosphere coast guard vessels of two countries Japan and South Korea were battling in the Pacific ocean, in severe weather
AD Ports Group Signs MoU with Tosyalı, one of Turkey’s Largest Private Steel Producers
ABU DHABI : AD Ports Group the leading facilitator of global trade, logistics, and industry, has signed a Memorandum of Understanding (MoU) with Tosyalı, one of Turkey’s largest
Baltic Dry Index slides as iron ore shipments kick off 2023 with 13.1% drop
DENMARK : Despite hopes that a quick economic recovery in China would boost iron ore demand, 2023 has so far been a disappointment for the dry bulk shipping