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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...
Automation can address port congestion, the current headache
22 Nov 2021 12:09 PM ISTChallenges during port automation include resistance from the workforce, especially at the major ports, lack of skilled manpower, issues of...
