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Japanese carrier ONE to close year with $12 billion profit

1 Nov 2021 11:30 AM IST

Japanese carrier Ocean Network Express (ONE) is all set to report a net profit of $11.8 billion for the full year ending March 31, 2022, compared to...

Container prices decline, other worries unabated

19 Oct 2021 5:55 PM IST

There are over 70 container ships around the US west coast and east coast, according to data from SeaExplorer, a shipping data insight platform of...

JNPT reports 40% container traffic growth in H1 FY22 vs Covid-hit FY21

11 Oct 2021 6:44 PM IST

Jawaharlal Nehru Port Trust (JNPT) handled 2,703,051 TEUs during the first half of FY 2021-22 against 1,925,284 TEUs, which is 40 percent higher than...

Container crisis questioning globalisation, low-freight-cost assumptions: Drewry

28 Sept 2021 6:41 PM IST

The current container crisis is questioning the globalisation and low-freight-cost assumptions on which container shipping growth and shippers’ long...

(Left to right) Shahab Al Jassmi, commercial director of ports and terminals, DP World - UAE Region, Ebtesam Al Kaabi, head of sales %u2013 Jafza. Abdulla Bin Damithan, CEO & managing director, DP World %u2013 UAE Region and Jafza, Christopher Cook, managing director, Maersk UAE, Mads Skov-Hansen, head of ocean customer logistics, Maersk West & Central Asia, Alexander McEllin, head of procurement, Maersk West & Central Asia).

Maersk to set up its first UAE W&D facility at DP World’s Jafza

22 Sept 2021 4:29 PM IST

Maersk Kanoo UAE, an integrator of container logistics, today signed an agreement with DP World’s leading trade and logistics hub, Jebel Ali Free Zone...

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...