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ZIM signs charter deal for three 7,000 TEU carriers for $400mn
18 Jan 2022 9:00 PM ISTNYSE-listed, Israeli ocean carrier ZIM Integrated Shipping Services announced an eight-year charter agreement with a shipping company affiliated with...
Carriers cancel 13% sailings adding to supply chain pressure
17 Jan 2022 11:38 AM ISTAs many as 73 cancelled sailings have been announced out of 553 scheduled sailings across the major trade lanes -Â Transpacific, Transatlantic and...
APM Terminals to bring forward net zero greenhouse gas emission target by a decade
14 Jan 2022 7:40 PM ISTTwo new solar arrays installed in January 2022 at APM Terminals Barcelona are the first of five planned as part of an ambitious project that will...
Singapore remains world’s busiest transhipment port
14 Jan 2022 5:43 PM ISTThe Port of Singapore reported a record high container throughput of 37.5 million twenty-foot equivalent units (TEUs) in 2021. Singapore handled 599...
Higher freight rates push Maersk Q4 profit to $8bn
14 Jan 2022 5:31 PM ISTA.P. Møller-Mærsk (Maersk) has recognised preliminary unaudited financials for the fourth quarter ended December 31, 2021 ahead of the previous...
DHL asks shippers to prefer end-to-end solutions to tackle ocean freight crisis
14 Jan 2022 5:15 PM ISTDHL Global Forwarding, in its Ocean Freight Market Outlook 2022-2024 report, has outlined six measures to design a predictable supply chain:
