Indian Transport & Logistics

Shipping - Page 100

Maersk Growth invests in $17 million funding round of 7bridges

17 Jan 2022 6:05 PM IST
Maersk Growth, the venture arm of Danish carrier A.P. Moller-Maersk, announced an investment in 7bridges, an AI-powered logistics platform.

Carriers cancel 13% sailings adding to supply chain pressure

17 Jan 2022 11:38 AM IST
As many as 73 cancelled sailings have been announced out of 553 scheduled sailings across the major trade lanes -  Transpacific, Transatlantic and...

APM Terminals to bring forward net zero greenhouse gas emission target by a decade

14 Jan 2022 7:40 PM IST
Two 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 IST
The 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 IST
A.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 IST
DHL 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 IST
The 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 IST
VesselsValue, a leading online valuation and market intelligence provider for the aviation and maritime industries, has acquired Norwegian shipping...

Collaboration key for decarbonisation, says MSC's Toft

13 Jan 2022 12:07 PM IST
It 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 IST
The new year has not brought relief to the container shipping market, especially on the main fronthaul trades, says Xeneta in its latest market...

Deendayal Port crosses 100 million in cargo handling in FY22

13 Jan 2022 11:23 AM IST
The port’s cargo handling is expected to cross 127 MMT by end of the current fiscal as per current projections.

Maersk to cut decarbonisation target by a decade, to be net zero by 2040

12 Jan 2022 2:47 PM IST
Danish carrier A.P. Moller-Maersk is accelerating its decarbonisation commitment to customers and society with an advanced net zero emission target by...
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