Indian Transport & Logistics

Shipping

CMA CGM Group, Suez sign MoU for biomethane production

22 Oct 2024 10:16 AM GMT
Agreement 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 GMT
Approximately 30% of the seasonal workforce will be sourced from Tier 3 cities.

Maersk upgrades full-year 2024 guidance

22 Oct 2024 7:30 AM GMT
Maersk 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 GMT
Transaction 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 GMT
With 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 GMT
2024 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 GMT
September 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 GMT
As 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 GMT
Model 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 GMT
September 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 GMT
Containers 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 GMT
The IRS service’s port rotation includes: Nhava Sheva, Mundra, Jeddah, and Salalah.
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