Indian Transport & Logistics

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Big carriers get significant tonnage tax advantage

15 March 2022 8:41 PM IST
Hapag-Lloyd had a tax benefit of $10.7/TEU, translating to an advantage of $127 million.

Maersk to buy 730,000 tonnes/year green methanol from 6 companies

10 March 2022 8:56 PM IST
The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel.

Capacity increases on Asia-West Coast; reliability drops to 30.9%

9 March 2022 2:01 PM IST
Supply challenges likely to be felt throughout 2022, says Niels Rasmussen, Chief Shipping Analyst, BIMCO.

All major carriers suspend Russia bookings

2 March 2022 8:34 AM IST
Carriers to accept and screen bookings for essential goods such as food, medical equipment and humanitarian goods.

Ukraine Conflict: Employee safety first, says carriers, logistics cos

25 Feb 2022 10:56 AM IST
Russian invasion of Ukraine, which is getting severe, is fraying the already frayed supply chains

Carriers have $130bn cash, shippers expecting more: Drewry

24 Feb 2022 7:09 PM IST
Analysis reinforces view that elevated profits are due to higher freight rates, not higher volumes or more services

Maersk to see next gen leaders, Robert Maersk Uggla to be chairman

15 Feb 2022 2:46 PM IST
Robert has been CEO of A.P. Moller Holding since 2016 where he is leading the group's investments.

Maersk buys US-based Pilot Freight Services for $1.6 billion

9 Feb 2022 4:09 PM IST
Continuing its vertical  integration moves, Danish carrier Maersk plans to acquire US-based Pilot Freight Services for $1.6 billion from ATL Partners,...

Maersk reports 55% increase in 2021 revenue to $61.8 billion

9 Feb 2022 3:12 PM IST
High freight rates and integration into logistics saw Danish carrier A.P.Moller-Maersk report a 55 percent in revenue to $61.8 billion in 2021, EBITDA...

Maersk carrier runs aground off Germany

3 Feb 2022 6:36 PM IST
Danish carrier A.P.Moller-Maersk confirmed that Mumbai Maersk, with a capacity of 19,630 TEUs, ran aground outside Bremerhaven, Germany.

Maersk to expand in Bangladesh with 2 lakh sq ft warehouse at Chattogram

2 Feb 2022 2:43 PM IST
A.P. Moller – Maersk today announced that it is strengthening its operations in Bangladesh by partnering with Ispahani Summit Alliance Terminals...

Cold weather, reefer blues may hit Indian grapes exports 

28 Jan 2022 8:06 AM IST
Reefer equipment situation continues to be tight across India along with North America. Seen in the background of the forthcoming export season for...
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