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The new route aims to offer shippers enhanced connectivity and more efficient cargo movement across the India–East Africa trade lane.

Vadhvan Port will handle 23 million TEUs annually and include nine container terminals.

Ocean Alliance was the next most reliable carrier alliance followed by THE Alliance.

HMM aims to acquire around 70 green vessels by 2030 & establish a carbon-neutral ecosystem across all segments by 2045

ONE, HMM and Yang Ming will continue to cooperate under Premier Alliance, effective for five years from February 2025.

Premier Alliance offers more than 80 direct port calls; announce slot exchange deal with MSC

HMM customers will benefit from advanced functionalities of CargoX platform

HMM's carbon insetting solution enables Hellmann to actively reduce carbon footprint and manage Scope 3 emissions

Talks fail on rights to manage HMM, three-year lock-up demand for consortium partner JKL Partners

Average P/B multiple for peer companies works to be 0.75x; with transaction at 0.48x, Harim ends up with a quality deal

Maersk was the most reliable among the top 13 carriers followed by MSC and CMA CGM

HMM’s score in Q3, however, was actually worse than Q2, jumping 17.4 points on the CEI to 72.7