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Maersk unveils methanol-powered container carrier
9 Dec 2021 12:30 PM ISTDenmark-based A.P. Moller-Maersk unveiled an ocean-going container vessel with a nominal capacity of approximately 16,000 TEUs capable of being...
CMA CGM buys US-based Ingram Micro CLS for $3bn
9 Dec 2021 12:26 PM ISTFrench carrier CMA CGM has signed a deal with US-based Ingram Micro to buy most of its commerce & lifestyle activities (CLS) for an enterprise value...
94 ships waiting at LA/LB ports, dwell fee delayed again; freight rates steady
7 Dec 2021 3:00 PM ISTTotal container ships backed up at the Los Angeles/Long Beach ports were at 94 on Monday, December 6, 2021, two fewer than last Friday, December 3,...
Maersk launches differentiated products for long-term contracts
6 Dec 2021 8:39 AM ISTDenmark-based container carrier A.P.Moller-Maersk is offering six standard products for the 2022 tender season: Flat, Seasonal Preset, Seasonal Sync (...
China overtakes Japan to become No 1 ship owning nation
23 Nov 2021 6:56 PM ISTChina has overtaken Japan to become the No. 1 ship owning nation with assets of over $191 billion.
Intense competition: next big thing in Indian ports & terminals industry
22 Nov 2021 12:59 PM ISTThe next 10 years will be very critical for Indian ports and the economy that depends heavily on them. Everybody from port operators to govt, and from...