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The Malta-flagged vessel %u2018MV. Theoder Oldendroff%u2019 consigned from Indonesia was berthed at the port on April 9.

Tuticorin port breaks own record by unloading 55,105 tonnes of coal in 24 hours

18 April 2020 1:54 PM IST

April 18, 2020: V.O. Chidambaranar Port, Tuticorin, created a new record by unloading 55,105 tonnes of coal in 24 hours at Berth No.9 from the vessel...

As of April 11, 384 sailings are now blanked due to the pandemic.

3 million TEUs to be taken out on Asia-Europe and Transpacific: Sea-Intelligence

14 April 2020 3:46 PM IST

April 14, 2020: The container shipping research agency, Sea-Intelligence has released its report on the impact of Covid-19 pandemic on ocean cargo...

DELAY IN TRANSIT allows them to temporarily store their containers in a dedicated hub until the recipient is ready for them to arrive at the final destination shown on the bill of lading.

CMA CGM launches business continuity solutions to help customers during Covid-19

9 April 2020 5:28 PM IST

April 9, 2020: The shipping and logistics company, CMA CGM Group launched Business Continuity Pack, a range of solutions to adapt and protect the...

The meeting was also attended by the officers of the ministry of shipping and chairpersons of all major ports

Ports raise issues to minister on operation cost, stuck-up cargo and lack of drivers

6 April 2020 1:38 PM IST

In a video conference with Mansukh Mandaviya, minister of shipping, on April 3, stakeholders of seaports including port users, courier and cargo...

Container segment of Indian coastal shipping to bear the brunt of Covid-19: ICRA

1 April 2020 8:21 PM IST

April 1, 2020: According to the credit rating agency, ICRA, the coastal shipping segment of the country, which had witnessed healthy growth in the...

Revenue decreased to $38.9 billion in 2019 from $39.3 billion. Free cash flow was $ 6.8bn, compared to $ 5.1bn last year and CAPEX declined by $ 1.2bn to $ 2bn in 2019.

A.P. Moller - Maersk registers 14% EBITDA increase to $5.7 billion in 2019

20 Feb 2020 4:39 PM IST

February 20, 2020: Despite weaker market conditions and global container growth of only 1.4 percent, A.P. Moller – Maersk's Annual Report 2019 shows...