Hapag-Lloyd expects very strong earnings growth in the first quarter of 2021
HAMBURG: Hapag-Lloyd has got the year off to a very good start thanks to exceptionally strong demand for container transports, which has led to a much higher level
ONE Containership Testing Use of Sustainable Marine Biofuel
An Ocean Network Express (ONE) containership is trialing the use of sustainable marine biofuel as industry seeks to make supply chains more sustainable by reducing carbon emissions in
Government set to extend Shipping Corporation’s EoI to March 1
On December 22, DIPAM, the government’s asset sale department, invited expressions of interest to privatise Shipping Corporation by selling the government’s 63.75 per cent stake to a strategic
New app improves safety of vessel inspections
New Vessel Inspection App facilitates safer vessel inspections and improves collaboration between APM Terminals and shipping lines during port calls. Learning from previous incidents, compiling inspection reports and
Shipping industry urged to continually address cyber risks
Shipping has taken important steps in cyber security, but leaders must continually address cyber risks that are unique to their organisations and operating environments. This was a clear
As digitisation improves visibility,LCL is becoming more attractive to shippers : Vanguard Logistics
LONG BEACH: The shortage of containers in major tradelanes is driving demand for less-than-containerload (LCL) solutions. With boxes only available at exorbitant rates, more shippers and forwarders are
Prime Minister to inaugurate Virtual 2nd MARITIME INDIA SUMMIT 2021 on 2nd March
NEW DELHI: Around 20,000 delegates will participate, 24 partner countries will join and more than 400 Projects are set to be showcased in the 2nd edition of Maritime
Shipping Ministry is framing rules for recycling vessels
Shipping Ministry is making rules for the ship recycling industry – which is at present at 4.5 million tonne per annum (mtpa) capacity and is expected to double
Distinctions between ‘traditional’ flags & open registers no longer meaningful, as per late
The International Chamber of Shipping (ICS) has published the latest Flag State Performance Table (2020/2021) which finds that many of the largest flag states – including the Marshall
Container shipping locked in a ‘significant bottleneck’ as demand surges back
The Danish company, seen as a bellwether for global trade, posted quarterly earnings before interest, tax, depreciation and amortization (EBITDA) of $2.71 billion.Maersk CEO Soren Skou told CNBC