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Fueling a greener future: DB Schenker and CMA CGM offer regular emission-free ocean freight
25 Feb 2022 3:52 PM ISTThe cooperation has the potential to reduce greenhouse gas emissions by more than 7,000 tons CO2e well-to-wake, which corresponds with at least 100...
Shiprocket acquires supply chain management platform Glaucus Supply Chain Solutions
16 Feb 2022 3:27 PM ISTWorking as a single entity, the two platforms will combine their strengths to take the complexity out of fulfillment challenges faced by traders,...
CMA CGM launches SMART containers for refrigerated goods
16 Feb 2022 12:39 PM ISTBenefits include receiving status and conditions of the container in real time along with location & temperature.
CMA CGM decides not to carry plastic waste on its ships
14 Feb 2022 12:59 PM ISTFrom June 1st, the Group will no longer carry plastic waste on board any of its ships worldwide to help protect the oceans and biodiversity and to...
Hapag 2021 earnings zoom to $12.8 billion on higher freight rates
1 Feb 2022 7:45 PM ISTGerman container carrier Hapag-Lloyd reported an over 300 percent increase (provisional) in earnings before interest, taxes, depreciation and...
Drewry index down 2.9%; Chinese ports container volumes up 7% in 2021
29 Jan 2022 11:24 AM ISTDrewry’s composite World Container Index (WCI) declined 2.9 percent to $9,419.50/40ft container this week.
Carrier reliability drops to 32% in Dec; Maersk still best performer
28 Jan 2022 7:57 AM ISTThe schedule reliability of container carriers dropped 1.2 percentage points month/month to 32 percent in December 2021, the lowest-ever global...
Maersk to share 9 million weather observations to aid climate studies
27 Jan 2022 4:06 PM ISTDanish carrier A.P.Moller–Maersk (Maersk) will release all historical and future ocean weather observations into the public domain for free use by the...
No drop in US consumer demand; 300,000 TEUs more deployed in 2022
27 Jan 2022 12:07 PM ISTContainer capacity deployed in the four-week period in 2022 on the Asia-North America West Coast is 1.29 million TEUs, a massive 300,000 TEU higher...
Freight rates continue to climb, no decline in congestion at ports
21 Jan 2022 12:45 PM IST2022 has been off to an ominous start for shippers - no let-up in climbing freight rates, port congestion globally at higher levels and demand...
100 ships across LA/LB ports, freight rates zoom across intra-Asia trades
20 Jan 2022 11:05 AM ISTWith no signs of easing, total container ships backed up across Los Angeles/Long Beach ports touched 100 on Wednesday, January 19, 2022, according to...