Indian Transport & Logistics

Shipping - Page 90

Maersk carrier runs aground off Germany

3 Feb 2022 6:36 PM IST
Danish carrier A.P.Moller-Maersk confirmed that Mumbai Maersk, with a capacity of 19,630 TEUs, ran aground outside Bremerhaven, Germany.

Kale Logistics’ port community system goes live at Port of Rembang, Indonesia

3 Feb 2022 2:39 PM IST
Kale Logistics Solutions (Kale), trusted IT solutions provider for the global logistics industry, has implemented its CODEX Port Community System...

Freight rates down marginally but CNY “clearly different”

2 Feb 2022 1:51 PM IST
The Shanghai-Los Angeles short-term freight rates for 40' standard dry container dropped slightly ($8,044–$8,035) in the first two weeks of January...

Hapag 2021 earnings zoom to $12.8 billion on higher freight rates

1 Feb 2022 7:45 PM IST
German container carrier Hapag-Lloyd reported an over 300 percent increase (provisional) in earnings before interest, taxes, depreciation and...

Maersk to share 9 million weather observations to aid climate studies

27 Jan 2022 4:06 PM IST
Danish carrier A.P.Moller–Maersk (Maersk) will release all historical and future ocean weather observations into the public domain for free use by the...

DP World partners with Maersk Mc-Kinney Moller Center for zero-carbon shipping

27 Jan 2022 11:13 AM IST
DP World has entered a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, reinforcing its commitment to...

OOCL doubles 2021 revenue to $15.7 billion on higher freight rates

25 Jan 2022 1:30 PM IST
Hong Kong-listed Orient Overseas Container Line (OOCL) more than doubled revenue (unaudited) to $15.7 billion for the year ended December 31, 2021...

Ocean carriers likely to see $200 billion profits in 2022

24 Jan 2022 7:11 PM IST
Ocean carriers are likely to report a combined profit of $200 billion (at a margin of 37 percent) in 2022 against the revised estimate of $190 billion...

LA/LB ports delay dwell fee till Jan 28; Los Angeles port handled record 10.7mn TEUs in 2021

23 Jan 2022 6:19 PM IST
The ports of Los Angeles and Long Beach will delay consideration of the container dwell fee until January 28. Since the programme was announced on...

Oman’s SOHAR Port joins FICCI to offer insights to metal industry

21 Jan 2022 4:41 PM IST
Oman’s SOHAR Port and Freezone with the Federation of Indian Chambers of Commerce & Industry (FICCI), initiates the third of the five-part webinar...

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)...
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