Shipping - Page 49

Maersk decides to divert all vessels around Cape of Good Hope for foreseeable future.

Freight rates nearly double but carriers have capacity to address diversions & longer voyages compared to pandemic yrs

Gautam Adani has been re-designated as Executive Chairman; board approves appointment of Ashwani Gupta as new CEO

PSA Mumbai is targeting a 50% reduction in its carbon emissions by 2030.

Maersk Hangzhou was attacked multiple times by Houthis in the Red Sea last week

For quarter ended December, APSEZ handled around 109 million tonnes of overall cargo

Iranian-backed Houthi small boats attack merchant vessel and U.S. Navy helicopters in Southern Red Sea

In the dynamic world of global logistics, this December brought an unexpected twist to the traditional narrative of stabilizing freight costs and...

With 70 percent schedule reliability in November 2023, Evergreen was the most reliable top-13 carrier

Maersk’s 16,000 TEU green methanol-powered container vessels will be delivered from 2024

U.S. Navy shot down one drone, one anti-ship missile on Dec 28; MSC, Hapag continue to divert ships

MSC to continue to reroute vessels booked for Suez transit via the Cape of Good Hope