
Maersk service to southern India a success, but freight rates remain high
Last year in August, Maersk launched a weekly eight-vessel string named ME7. This was launched from the Ennore port near Chennai. Each ship carries a capacity of

Last year in August, Maersk launched a weekly eight-vessel string named ME7. This was launched from the Ennore port near Chennai. Each ship carries a capacity of

Value chain disruptions are increasingly blamed for inflationary tendencies, although there are multiple other factors that can drive consumer prices up. Since the summer of

Containership charter rates have stormed to new record highs with analysts warning that the scarce tonnage available could see prices remain at extraordinary levels for

Mitsui OSK Lines (MOL) and Methanex have concluded a previously announced strategic partnership, which includes MOL gaining a 40% stake in Methanex’s Waterfront Shipping (WFS) subsidiary. The

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it will restructure the organization as follows: (Effective April 1, 2022) Establishment

The Union Budget 2022 gives a major thrust to the logistics and supply chain sector. Around 100 cargo terminals will be developed during the next

Major shipping companies are offering workers bonuses worth as much as three years’ salary in an effort to keep talent in an industry that is known for labor

Forwarders are increasingly taking control of their air freight needs through long-term charter deals. Last week, Atlas Air announced that Flexport would take a third

The container throughput at the Port of Colombo hit an all-time high of 7.25 million TEUs recording growth of 5.84 percent in 2021 over the

Last year in August, Maersk launched a weekly eight-vessel string

Value chain disruptions are increasingly blamed for inflationary tendencies, although

Containership charter rates have stormed to new record highs with

Mitsui OSK Lines (MOL) and Methanex have concluded a previously announced strategic

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto)

The Union Budget 2022 gives a major thrust to the

Major shipping companies are offering workers bonuses worth as much

Forwarders are increasingly taking control of their air freight needs

The container throughput at the Port of Colombo hit an