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While the demand surge in the second half of year created supply chain bottlenecks, including vessel and container shortages, and led to higher rates that contributed approximately $1.5 billion to results,

Maersk reports 44% EBITDA growth to 8.2 billion in 2020

11 Feb 2021 3:44 PM IST

February 11, 2021: Despite low volumes during most of 2020, A.P. Moller – Maersk’s profitability grew throughout the first nine months and ended the...

Ryan Best will assume responsibility in the leadership team of Maersk West Central Asia starting April 2021.

Maersk appoints new regional head of logistics in West Central Asia

1 Feb 2021 12:52 PM IST

February 1, 2021: Maersk has appointed Ryan Best as new regional head of logistics & services for West Central Asia (WCA) effective April 2021.

The customer from the eastern part of India was facing the lack of adequate availability and connectivity of vessels.

Maersk moves first-ever east-west containerised rail cargo in India

22 Jan 2021 3:57 PM IST

January 22, 2021: Building an end-to-end solution for one of the largest exporters of iron pipes, Maersk moved a Doha-destined cargo on a dedicated...

The partnership will enable Freightwalla's online platform to provide visibility and connectivity for shipper's international shipments.

Freightwalla joins Tradelens for blockchain-based transparent logistics

26 Dec 2020 10:40 AM IST

December 26, 2020: Digital freight forwarding start-up Freightwalla announced joining hands with TradeLens - a blockchain-enabled digital supply chain...

During Q3 of 2020, the Indian containerised trade contracted by about 8 percent as compared to the same period last year. However, comparing to Q2 of 2020, there has been a 31 percent increase in volumes.

14% QoQ growth in containerised export drives India’s recovery: Maersk

11 Dec 2020 1:57 PM IST

December 11, 2020: The global shipping giant Maersk in its India Trade Update Q3, 2020 (July to September) noted that the 14 percent quarter on...

The spot rate integration with Freightwalla will allow shippers to search, secure competitive rates, and book container space instantly online, making it more reliable

Freightwalla joins hands with Maersk to provide accurate spot rates

8 Dec 2020 1:54 PM IST

December 8, 2020: The digital forwarding startup Freightwalla has partnered with the global shipping giant Maersk to offer spot rates on its platform...