Indian Transport & Logistics

Shipping - Page 103

Earnings of shipping companies likely to fall from 2021 peaks: Moody’s

9 Dec 2021 1:01 PM IST
The outlook for the global shipping industry has changed to stable from positive for the next 12-18 months due to demand slightly outstripping supply,...

Maersk unveils methanol-powered container carrier

9 Dec 2021 12:30 PM IST
Denmark-based A.P. Moller-Maersk unveiled an ocean-going container vessel with a nominal capacity of approximately 16,000 TEUs capable of being...

CMA CGM buys US-based Ingram Micro CLS for $3bn

9 Dec 2021 12:26 PM IST
French carrier CMA CGM has signed a deal with US-based Ingram Micro to buy most of its commerce & lifestyle activities (CLS) for an enterprise value...

DP World connects India, Far East with Feedertech's new weekly service

8 Dec 2021 2:04 PM IST
DP World welcomed a new weekly Straits India Service (SIS) at its port terminals in Nhava Sheva and Mundra.

APM Terminals Pipavav handles the highest parcel size on MECL service

7 Dec 2021 7:22 PM IST
APM Terminals Pipavav, has handled the highest volumes on India- -US East Coast (MECL) service.

94 ships waiting at LA/LB ports, dwell fee delayed again; freight rates steady

7 Dec 2021 3:00 PM IST
Total container ships backed up at the Los Angeles/Long Beach ports were at 94 on Monday, December 6, 2021, two fewer than last Friday, December 3,...

Maersk launches differentiated products for long-term contracts

6 Dec 2021 8:39 AM IST
Denmark-based container carrier A.P.Moller-Maersk is offering six standard products for the 2022 tender season: Flat, Seasonal Preset, Seasonal Sync (...

CMA CGM launches 3 new services to France

1 Dec 2021 7:09 PM IST
French carrier CMA CGM Group has announced three dedicated French services to transport around 30,000 TEUs (twenty-foot equivalent units) of...

PSA Mumbai welcomes new service from Samudera, achieves 3 mn TEU milestone

30 Nov 2021 6:33 PM IST
PSA Mumbai welcomed a new service operated by Samudera Shipping Line when M.V Sinar Sorong did her maiden call to the terminal on November 29, 2021.

Liner schedule reliability improves marginally in Oct, DSV asks customers to plan for more

30 Nov 2021 12:38 PM IST
Even as global shipping lines reported nearly $80 billion earnings for the first three quarters of 2021, schedule reliability recorded only marginal...

LA/LB delay container dwell fee, CMA CGM to incentivise container collection

30 Nov 2021 12:16 PM IST
The Port of Los Angeles and the Port of Long Beach will delay the Container Dwell Fee to December 6 after meetings with U.S. Port Envoy John Porcari,...

2022 to be bigger & better for container carriers as volatility continues

27 Nov 2021 2:27 PM IST
Container market continues to show volatility due to supply chain disruptions caused by port congestion, trucker shortages and changes in demand,...
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