China Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...

The Strait of Hormuz has effectively shut to global shipping after the US, led by Donald Trump, imposed a blockade on Iran-linked vessels, ...

India's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...

As the winds of global trade shift, Indian exporters are grappling with soaring shipping expenses. The cost of container transport is skyro...

Mumbai-based MatchLog Solutions is aiming to create a sustainable ecosystem in the shipping industry through its container reuse platform.

Maersk, a global shipping giant, is exploring shipbuilding and repair opportunities in India, expressing confidence in the nation's growing...

Maersk had already raised its 2024 profit forecast in May, June and August, as the Red Sea conflict was having a larger than previously exp...

Global trade has been buffeted by major disruptions in recent years, as the pandemic and the war in Ukraine brought chaos to shipping route...

In recent years, both Maersk and MSC have pursued growth in land-based transport and air freight where profit margins for end-to-end servic...

Maersk, the world’s largest shipping line, consumes about 12 million tons of marine oil per year, roughly equal to all the oil produced in ...

The fire-fighting efforts on board Maersk Honam are progressing. Specialized firefighting vessels remain engaged, with salvage operations l...

Maersk Line, the world's biggest container shipper, controls an 18.9% market share in India. The company shipped 1.7 million TEU (twenty fo...

"We are not facing issues funding local operations. Maersk Line continues to receive incoming payments via bank transfers and cash at count...

Container ships can't go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit.

The Safmarine brand name will stay, and more than 1,000 personnel in sales and marketing positions around the world will be able to keep th...

State-owned Shipping Corp, AP Moller Maersk, the world’s largest container line, and Bharati Shipyard are accelerating their moves to cut c...

Rizwan Soomar has taken over as managing director - India & Sri Lanka for Maersk Line, the container shipping arm of the Denmark based A P ...