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Maersk boosts outlook on stronger-than-expected container demandGlobal shipping giant Maersk expects the container market to remain strong throughout 2024, with container volumes now projected to grow by...- British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
- Strait of Hormuz traffic sees sharp uptick but not back to normalStrait of Hormuz traffic has increased sharply, but remains at roughly half its peacetime level, officials said on Thursday as stranded sai...
- 'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
- Compliance complexity is the defining challenge amid tariff uncertainties: Maersk Asia Pacific surveyVietnam, Thailand, and India emerge as key multi-country hubs. AI adoption is high, but integration with compliance platforms is crucial fo...
- Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
- Maersk launches FI2 ocean service to strengthen India-China trade connectivityLeveraging Pipavav port and the Dedicated Freight Corridor, Maersk offers integrated logistics, significantly cutting transit times to key ...
- PM Modi strengthens India-Nordic ties with focus on clean energy, trade, digitalization focus at 3rd summitAhead of the 3rd India-Nordic Summit, Narendra Modi held key meetings with leaders from Iceland, Finland, and Denmark to strengthen coopera...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- Pharmaceutical exporters to benefit from Maersk’s first dedicated reefer rail service from Hyderabad to MumbaiA weekly cold-chain rail corridor from the pharmaceutical hub of Hyderabad to the Nhava Sheva Port will deliver predictable logistics while...
- Maersk CEO sees passing higher oil shock costs to customersA.P. Moller-Maersk CEO Vincent Clerc stated the Iran war is increasing costs by $500 million monthly. These expenses will be passed to cust...
- US-Iran ceasefire: Uneasy calm after West Asia truce breachThe violence erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neut...
- Oil Price Today (May 5): Crude oil falls but holds above $110 as Iran war tensions persist. What are experts saying?Oil prices dipped Tuesday after a significant surge, as the U.S. Navy initiated operations to reopen the Strait of Hormuz. A U.S.-flagged v...
- Gold steady as investors weigh Middle East risks, stalled US–Iran peace talksGold prices remained largely steady as escalating Middle East tensions and stalled U.S.-Iran peace talks kept investors on edge. Despite re...
- Oil eases on signs US is loosening Iranian closure of Strait of HormuzOil prices saw a dip on Tuesday. This followed a significant rise after the U.S. Navy began operations to reopen the Strait of Hormuz. A U....
- Amazon opens up logistics network to other businesses in challenge to UPS, FedExAmazon is now offering its vast logistics network to other companies. Businesses can use Amazon's services for moving, storing, and deliver...
- US stocks today: Amazon opens up logistics network to other businesses in challenge to UPS, FedExAmazon is entering the logistics market. It will now offer its vast network for businesses to store and ship goods. This move directly chal...
- World’s largest container carrier plans route avoiding HormuzThe world’s largest container shipping company, MSC Mediterranean Shipping Company, is launching a new Europe–Middle East service that avoi...
- The stunning way China is using America's own playbook to hit the US where it hurts most, and Washington has no idea how to respondChina Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...
- Maersk sells last major energy asset as it focuses on logisticsMaersk has been close to selling the Maersk Supply Service before. In 2018 it expected to complete a divestment, citing valuation estimates...
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