Given the current container shipping market, with record-high freight rates, container and vessel capacity shortages, terminal and port congestion, and record-low schedule reliability, it is quite understandable that
he Jawaharlal Nehru Port Trust (JNPT) on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with City and Industrial Development Corporation (CIDCO) for allotment of
NEW YORK: The Organization for Economic Cooperation and Development recently released a blueprint for an internationally-coordinated minimum tax for multinational enterprises, and aims to reach a global agreement
Saudi Ports Authority (Mawani) has announced the launch of a new shipping service from Jeddah Islamic Port, complementing its strategic partnerships with some of the largest shipping companies
GENEVA: MSC has been awarded the Maritime Sustainability Passport certificate and seal by the North American Marine Environment Protection Association (NAMEPA), recognising the company’s responsible business operations and
DB Schenker has named Niklas Wilmking (pictured above) as its new chief executive for the Asia Pacific region. Dr Wilmking was most recently executive vice president of global
HAMBURG: The spike in demand coupled with limited vessel capacity has caused considerable disruption in the Indian market with customers needing dependable services. Hapag-Lloyd has invested in additional
Logistics giant AP Moller-Maersk, the owner of the largest shipping company in the world, expects to order its first carbon-neutral ship as soon as 2023. The company is
MOL takes its obligations in relation to this incident with utmost seriousness’ Through a communiqué, MOL has put out the following clarification. Excerpts: “Forbes.com published an article on
HONG KONG: “We are pleased to present the latest line up of OOCL’s Ocean Alliance products that will commence from April this year. Since the formation of Ocean