Indian Transport & Logistics

Shipping - Page 102

Freight rates continue to climb, no decline in congestion at ports

21 Jan 2022 12:45 PM IST
2022 has been off to an ominous start for shippers - no let-up in climbing freight rates, port congestion globally at higher levels and demand...

APM Pipavav achieves highest berth productivity on Thailand-India-Pakistan service

20 Jan 2022 6:26 PM IST
APM Terminals Pipavav, achieved the highest berth productivity of 157.6 moves per hour during ‘MOL Gateway’ vessel of Thailand-India-Pakistan (TIP)...

Kuehne+Nagel launches Seaexplorer disruption indicator

20 Jan 2022 2:51 PM IST
Kuehne+Nagel is launching the Seaexplorer disruption indicator to measure the efficiency of the world container shipping networks.

Port of Long Beach sets annual record with 9.38 million TEUs

20 Jan 2022 12:38 PM IST
The significant increase in cargo was driven by evolving consumer spending habits during the Covid-19 pandemic, when demand for vacations, dining out...

100 ships across LA/LB ports, freight rates zoom across intra-Asia trades

20 Jan 2022 11:05 AM IST
With no signs of easing, total container ships backed up across Los Angeles/Long Beach ports touched 100 on Wednesday, January 19, 2022, according to...

Danaos announces $1bn in incremental contracted revenue, sale proceeds

19 Jan 2022 11:51 AM IST
NYSE-listed Danaos Corporation has signed new charter arrangements for 11 vessels ranging between 2,500 and 10,000 TEUs with major liner companies.

ZIM signs charter deal for three 7,000 TEU carriers for $400mn

18 Jan 2022 9:00 PM IST
NYSE-listed, Israeli ocean carrier ZIM Integrated Shipping Services announced an eight-year charter agreement with a shipping company affiliated with...

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...
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