Hapag-Lloyd with a strong start to the year in first quarter
Significant increase in result compared to previous year Transport volume slightly below prior-year level Outlook for 2021 confirmed HAMBURG : Hapag-Lloyd has concluded the first quarter of 2021 with earnings before interest, taxes, depreciation
Ocean Network Express debuts digital booking platform
TOKYO : Ocean Network Express (ONE), the Japanese containerline, is trialling a digital freight booking platform created by Descartes Systems, becoming the latest line to make online box bookings easier. “Shippers today need a
COSCO launches green finance framework
HONGKONG : COSCO Shipping Ports has announced the launch of its green finance framework, which has successfully passed the verification by Hong Kong Quality Assurance Agency (HKQAA). The Hong Kong-listed operator has been upholding
Maersk signals next logistics acquisition will be billion-dollar deal
COPENHAGEN : Maersk on Tuesday suggested it is prepared to spend at least $1 billion on a logistics company takeover as the group progressively focuses on larger acquisitions to build scale in its end-to-end
Another ‘New Normal’ as Container Rollover Rates Increase
PORT KLANG : In the space of a year the box rollover ratio at CMA CGM Australian subsidiary ANL leapt by 30%. At ANL’s parent a remarkable 56% of containers were rolled over last
Maersk App sees record use amid COVID-19
Florham Park, New Jersey : The demand is driven by customers relying on eCommerce to navigate in a business environment which has seen record numbers of employees working from home for safety reasons while
Sanmar Shipping crude tanker quarantined at Vizhinjam after crew tests Covid-19 positive
DURBAN : A crude oil tanker owned by Sanmar Delivery Ltd has been quarantined at Vizhinjam Port for 14 days from Monday after 5 crew members on the ship have been examined Covid-19 optimistic,
Europe presses ahead with marine battery R&D
ROTTERDAM : Current Direct is a new three-year project which has received grant funding from the European Commission’s Horizon 2020 programme. The aim of this research and innovation project is to halve the cost