Indian Transport & Logistics

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Maersk Q4FY2023 loss at $442mn

8 Feb 2024 8:31 AM GMT
For the full year 2023, Maersk reported a profit of $3.9bn as against $29.7bn in 2022 - a drop of 87%

2023 schedule reliability up 19.5ppts; Drewry WCI down 4%

4 Feb 2024 5:30 AM GMT
Drewry World Container Index (WCI) declined four percent to $3,824 per 40ft container to the week of February 1, 2024

Maersk names first large methanol-enabled vessel Ane Maersk

26 Jan 2024 11:21 AM GMT
Ane Mærsk is the first of Maersk’s 18 large methanol-enabled vessels that will be delivered between 2024 and 2025

Houthis attack 2 Maersk vessels in Red Sea

25 Jan 2024 10:01 AM GMT
Following escalation of risk, US subsidiary of Maersk is suspending transits in the region until further notice

Maersk to build new cold storage facility in Gujarat

18 Jan 2024 11:08 AM GMT
260,000 sq. ft. temperature-controlled facility at Mehsana for HyFun Foods will attract over Rs 113 crore investment

Gemini Cooperation: Hapag, Maersk plan partnership from February 2025

17 Jan 2024 9:32 AM GMT
Gemini Cooperation will cover seven global trades and offer 26 mainline services

Denmark announces alliance for green fuels in India

8 Jan 2024 11:47 AM GMT
Maersk, one of the founding members of Green Fuels Alliance India, will represent the maritime industry

Red Sea attacks continue, no damages reported

8 Jan 2024 9:33 AM GMT
Six small craft approach merchant vessel within 1NM; Maersk announces peak season surcharge

Maersk, TN Govt sign MoU for logistics hubs

8 Jan 2024 5:51 AM GMT
Maersk to also explore investment opportunities in warehousing, deployment of electric trucks for distribution network

Drewry index up 61%, Maersk to divert all vessels

5 Jan 2024 10:21 AM GMT
Maersk decides to divert all vessels around Cape of Good Hope for foreseeable future.

U.S., allies warn Houthis, call for immediate end to Red Sea attacks

4 Jan 2024 11:32 AM GMT
Freight rates nearly double but carriers have capacity to address diversions & longer voyages compared to pandemic yrs

Maersk pauses all Red Sea transits

3 Jan 2024 7:53 AM GMT
Maersk Hangzhou was attacked multiple times by Houthis in the Red Sea last week
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