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CMA CGM Group, Suez sign MoU for biomethane production
22 Oct 2024 10:16 AM GMTAgreement plans for the production of up to 100,000 tonnes of biomethane per year between now and 2030.
Jeena & Company projects up to 20% increase in shipment volume
22 Oct 2024 9:46 AM GMTApproximately 30% of the seasonal workforce will be sourced from Tier 3 cities.
Maersk upgrades full-year 2024 guidance
22 Oct 2024 7:30 AM GMTMaersk now expects underlying EBITDA of $11-11.5 billion and EBIT of $5.2-5.7 billion for 2024.
MSC buys Brazilian port operator Wilson Sons for $783 million
21 Oct 2024 10:00 AM GMTTransaction to complete during H2 2025; MSC to make public offer at same price issued to seller - R$ 17.50/share.
PSA Singapore’s supply chain hub to be ready by 2027
21 Oct 2024 5:30 AM GMTWith more than 2 mn. sq.ft, PSA Supply Chain Hub @ Tuas to be equipped with advanced robotics and automation systems.
Xeneta sees container volumes growth slowing slightly in 2025
19 Oct 2024 7:44 AM GMT2024 has been a year characterised by shippers’ extensive frontloading and ensure enough goods were on inventory.
Los Angeles Port reports record September, all-time best quarter
19 Oct 2024 5:57 AM GMTSeptember 2024 loaded imports landed at 497,803 TEUs, a 26% increase compared to the previous year.
Red Sea disruptions threaten competitiveness of Indian businesses
19 Oct 2024 4:30 AM GMTAs the conflict in the Middle East escalates and widens, the Bab-el-Mandeb Strait has become a perilous maritime chokepoint. With increased attacks on...
Machine learning to now predict ocean freight rate movements: Xeneta
18 Oct 2024 7:15 AM GMTModel leverages 500+ million data points, combined with 20+ parameters such as fleet data & macroeconomic factors.
Port of Long Beach reports strongest September on record
17 Oct 2024 7:30 AM GMTSeptember also marked the Port’s fourth consecutive monthly year-over-year cargo increase.
DP World boosts cargo capacity, acquires 47,000 TEUs
17 Oct 2024 5:41 AM GMTContainers set for long service involving multiple routes and diverse cargo.
DP World Nhava Sheva welcomes inaugural call of M.V. FOLK Jeddah
15 Oct 2024 4:59 PM GMTThe IRS service’s port rotation includes: Nhava Sheva, Mundra, Jeddah, and Salalah.
TVS ILP to invest ₹200 crore to build grade-A logistics park in Indore
22 Oct 2024 11:25 AM GMTCMA CGM Group, Suez sign MoU for biomethane production
22 Oct 2024 10:16 AM GMTJeena & Company projects up to 20% increase in shipment volume
22 Oct 2024 9:46 AM GMTMaersk upgrades full-year 2024 guidance
22 Oct 2024 7:30 AM GMTMahindra Logistics Q2 net loss down to Rs 10.7 crore
22 Oct 2024 6:45 AM GMTGodrej Enterprises enhances warehouse safety with safety training
21 Oct 2024 2:02 PM GMTMSC buys Brazilian port operator Wilson Sons for $783 million
21 Oct 2024 10:00 AM GMT