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Carriers cancel 13% sailings adding to supply chain pressure
17 Jan 2022 11:38 AM ISTAs many as 73 cancelled sailings have been announced out of 553 scheduled sailings across the major trade lanes -Â Transpacific, Transatlantic and...
va-Q-tec opens subsidiary in India to expand international capacities
17 Jan 2022 11:32 AM ISTva-Q-tec is further expanding its global presence by opening an Indian subsidiary in Mumbai. As a result, the company is supplementing its...
APM Terminals to bring forward net zero greenhouse gas emission target by a decade
14 Jan 2022 7:40 PM ISTTwo new solar arrays installed in January 2022 at APM Terminals Barcelona are the first of five planned as part of an ambitious project that will...
Singapore remains world’s busiest transhipment port
14 Jan 2022 5:43 PM ISTThe Port of Singapore reported a record high container throughput of 37.5 million twenty-foot equivalent units (TEUs) in 2021. Singapore handled 599...
Higher freight rates push Maersk Q4 profit to $8bn
14 Jan 2022 5:31 PM ISTA.P. Møller-Mærsk (Maersk) has recognised preliminary unaudited financials for the fourth quarter ended December 31, 2021 ahead of the previous...
DHL asks shippers to prefer end-to-end solutions to tackle ocean freight crisis
14 Jan 2022 5:15 PM ISTDHL Global Forwarding, in its Ocean Freight Market Outlook 2022-2024 report, has outlined six measures to design a predictable supply chain:
Los Angeles port extends container dwell fee to April, over 100 ships waiting across LA/LB ports
14 Jan 2022 1:50 PM ISTThe Los Angeles port has extended the Container Excess Dwell Fee programme directed at ocean carriers till April 29, 2022.
VesselsValue acquires Norwegian shipping advisory firm ViaMar
14 Jan 2022 12:46 PM ISTVesselsValue, a leading online valuation and market intelligence provider for the aviation and maritime industries, has acquired Norwegian shipping...
air cargo India at Grand Hyatt, Mumbai postponed due to Covid concerns
14 Jan 2022 12:07 PM ISTMesse Muenchen India, the organisers of air cargo India have announced the postponement of the biennial trade show and conference for the air cargo...
Swiggy, TVS Motor sign MoU to deploy EVs in food, on-demand delivery
13 Jan 2022 3:52 PM ISTTVS Motor Company, the manufacturer of two-wheelers and three-wheelers globally, announced a partnership with Swiggy, India’s leading on-demand...
Collaboration key for decarbonisation, says MSC's Toft
13 Jan 2022 12:07 PM ISTIt is critical that priority this year is not only to respond to the huge demand being experienced in the very complex, congested markets that emerged...
No relief in sight for shippers in 2022, freight rates continue to be elevated
13 Jan 2022 11:53 AM ISTThe new year has not brought relief to the container shipping market, especially on the main fronthaul trades, says Xeneta in its latest market...













