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Patrik Berglund, CEO, Xeneta.

Shipping lines perform ‘delicate balancing act’ to hold long-term freight rates steady: Xeneta

30 July 2020 5:33 PM IST
July 30, 2020: According to the latest XSI Public Indices report from Oslo-based Xeneta, the shipping lines are safeguarding its vital long-term ocean...
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The new rates include the basic ocean freight and the Bunker-related surcharges other than LSS.

CMA CGM increases Freight All Kinds rates from Asia to Mediterranean

30 July 2020 3:15 PM IST
July 30, 2020: CMA CGM announced additional surcharges for Freight All Kinds rates from all out ports in Asia to the Mediterranean regions including...
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PCS lx and MbPT have also deployed a mechanism which will have the functionality to resend messages which may be not transmitted (sent/received) due to network error.

Mumbai Port completes PCS 1x API integration with all 36 messages

29 July 2020 1:29 PM IST
July 29, 2020: With the deployment of AGDORD - Agent Delivery Order message on July 13, 2020, Mumbai Port Trust (MbPT) completed its API integration...
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Ranjit Ray, CEO FTZ, DP World Subcontinent.

DP World’s Ranjit Ray appointed as World FZO’s national contact point in India

27 July 2020 2:41 PM IST
July 27, 2020: Ranjit Ray, heading FTZs for DP World Subcontinent has been appointed as the national contact point (NCP) of the World Free Zones...
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Abu Dhabi%u2019s waterways comprise 45,000 sq km along a 2,400 km stretch of coastline, which hosts 17 ports, 100 facilities, 1,000 companies, and provides for over 40,000 vessels per year.

ADP launches Abu Dhabi Maritime, primary custodian of Abu Dhabi’s Waterways

27 July 2020 1:29 PM IST
July 27, 2020: Abu Dhabi Ports, an ADQ company, has been assigned as the primary custodian of all of Abu Dhabi’s waterways and marine ecosystems,...
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The decision is estimated to increase the inland waterway traffic movement to 110 million metric tonnes (MMT) in 2022-23 from 72MMT in 2019-20.

India waives waterways usage charges to attract cargo into Inland waterways

25 July 2020 10:47 AM IST
July 25, 2020: Ministry of Shipping on Friday has waived the waterway usage charges, initially for three years, with immediate effect to promote...
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%u2018Your cargo has been rolled%u2019 %u2013 for customers, this message only brings disadvantages, such as delayed cargo, more administrative work and additional commercial costs.

Hapag-Lloyd launches ‘Loaded as Booked’ quality promise for customers

24 July 2020 1:05 PM IST
July 24, 2020: Under its Strategy 2023, Hapag Lloyd launched a new quality programme for its customers called Loaded as Booked to load more than 95...
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The company recently terminated its India Gulf Service 2 citing enormously challenging situation.

Hapag Lloyd increases tariff for freight from India to North Europe

24 July 2020 9:24 AM IST
July 24, 2020: The German shipping company Hapag Lloyd announced an increase its ocean tariff for all cargoes from Indian Subcontinent to North Europe...
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In January 2020, APSEZ acquired a controlling stake of 75 percent from the existing shareholders of KPCL for Rs 13,500 crore.

CCI approves Adani’s 13,500 cr acquisition of Krishnapatnam Port

23 July 2020 11:17 AM IST
July 23, 2020: The Indian trade regulator Competition Commission of India (CCI) approved the acquisition of equity shareholding along with management...
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The rotation will be: Port Klang - Singapore - Tanjung Pelepas - Jebel Ali - Dammam %u2013 Doha %u2013 Hazira - Colombo.

Maersk ends Arabian Express; instead launches Arabian Star via Hazira

22 July 2020 6:08 PM IST
July 22, 2020: The global shipping company Maersk introduced a new service called Arabian Star, commencing on August 17, 2020, out of Port Klang,...
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The initiative intends to develop and deliver research, guidance, and implementable roadmaps to enable all businesses to achieve net-zero emissions.

Maersk & Mercedes-Benz among 9 businesses to launch Transform to Net Zero

22 July 2020 1:50 PM IST
July 22, 2020: The Denmark-headquartered integrated container logistics company, A P Moller–Maersk, and German automotive company Mercedes-Benz among...
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Enabling freight forwarders with data direct from the source to enhance their offering to their clients is a key solution of TradeLens.

Shipwaves joins Maersk-IBM developed blockchain platform TradeLens

21 July 2020 1:05 PM IST
July 21, 2020: The Mumbai-based digital freight forwarder Shipwaves has joined TradeLens, the Maersk-IBM developed blockchain-led platform to...
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