You Searched For "Shipping"

Overall in Q1, EBITDA increased to $4 billion from $1.5 billion year on year and EBIT to $3.1 billion from $552 million compared to same quarter last year.

Maersk reports 166% EBITDA, 30% revenue YoY growth in Q1 2021

5 May 2021 6:06 PM IST

May 5, 2021: A.P. Moller - Maersk reported strong earnings and growth momentum across all its businesses in ocean, port services and logistics in the...

Formed in the year 1993, Swift Cargo is a freight forwarder/NVOCC of repute with an annual transacted volume in excess of 75,000 TEUs.

Swift Cargo signs up for TradeLens eBL to speed up bill of lading

29 April 2021 3:36 PM IST

April 29, 2021: The Indian NVOCC (Non-Vessel Owning Common Carrier), Swift Cargo announced joining the TradeLens platform— a blockchain-enabled...

The service links Port Pipavav through port calls in Chinese ports of Shanghai, Ningbo, Shekou, Nansha as well as port of Singapore, Port Klang of Malaysia and Nhava Sheva.

COSCO/OOCL’s CI1 service to make port call at APM Terminals Pipavav

28 April 2021 1:35 PM IST

April 28, 2021: APM Terminals Pipavav announced that it has secured CI1 (China-India Express) service operated by COSCO/OOCL.

Consignees/forwarders/agents will be charged $12/TEU or $ 16/FFE for the service

APM Terminals Pipavav launches rail-out by bill of lading service

24 April 2021 12:13 PM IST

April 24, 2021: APM Terminals Pipavav launched the rail-out by bill of lading service that allows consignees to get their containers railed out on the...

The Port of Singapore has faced an uptick in vessel berthing times over the past 10 days %u2013 with vessels now spending 51 hours on average outside the port, compared to 42 hours two weeks ago.

Rotterdam, Singapore to face highest congestion due to Suez incident

24 April 2021 11:58 AM IST

April 24, 2021: Major container gateways in Europe and Southeast Asia have started to experience congestion issues, with Rotterdam and Singapore...

The clients benefit from up to 100 percent compensation for minor damages (not compensated by their insurer) and a door-to-door guarantee for the full transportation phase.

CMA CGM unveils guarantee solution with upto 100% compensation

19 April 2021 8:21 PM IST

April 19, 2021: The shipping giant CMA CGM today announced SERENITY deductible guarantee, a solution for the group’s clients that can be combined with...