Carriers spot bargaining room for India-Middle East cargo as Red Sea gains fade
MUMBAI : India-Persian Gulf trades seem to be a glaring exception for container lines, as they are rapidly losing the pricing steam they have had from the Red
Maersk employees innovate a system to deliver fresh water from Maersk’s vessels to Ports
SALALAH : The pioneering project optimises an existing fresh water generation system onboard container vessels to further store and deliver it in tank containers to ports and regions
Maersk enhances ME2 service, expanding operations to North Europe
COPENHAGEN : Maersk has unveiled upgrades to its ME2 service, extending its operations to North Europe. The ME2 service, formerly turning in the Mediterranean (Algeciras and Tangiers), is
Maersk resumes Panama Canal transit service as rainy season approaches
COPENHAGEN : AP Moller-Maersk will resume Panama Canal transits on an east-west service that was suspended because of low water levels. Panama Canal increases transits again as Red
Maersk names second vessel of its large methanol-enabled fleet “Astrid Mærsk” in Yokohama
Yokohama : In a ceremony held in Yokohama, Japan, the world’s second large methanol-enabled container vessel was named “Astrid Mærsk“. Mrs. Liza Uchida, spouse of Nissan CEO Makoto
Crew of container ship MV Dali collided with bridge in Baltimore, U.S. are all Indian
BALTIMORE : The entire 22-member crew of the container ship that struck a major bridge in Baltimore early Tuesday, causing it to snap and plunge into the river,
Maersk will avoid Red Sea despite EU security operation
COPENHAGEN : Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by
Maersk and Hapag-Lloyd Gemini Alliance will seek to reduce costs
HAMBURG : With returns sliding back to pre-Covid levels after the supercharged pandemic period shipping lines are looking to control costs again to keep their heads above water.
Container rates drop to unsustainable levels : Maersk CEO
COPENHAGEN : The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk, CEO Mr. Vincent
Maersk still in the race for DB Schenker’s acquisition : CEO
COPENHAGEN : After DHL withdrew from the race of DB Schenker’s acquisition last week, Danish shipping company DSV appeared to be the sole remaining candidate to proceed with