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...
Trump’s Hormuz blockade has deepened a historic shipping crisisThe Strait of Hormuz has effectively shut to global shipping after the US, led by Donald Trump, imposed a blockade on Iran-linked vessels, ...
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
Maersk to go green early as new fuel options speed up transitionMaersk, the world’s largest shipping line, consumes about 12 million tons of marine oil per year, roughly equal to all the oil produced in ...
Maersk Line to levy $60 surcharge on rising fuel costsThe company's MD for India, Sri Lanka and Bangladesh said the surcharge varies as per geographic corridors in which it operates, but put th...
Maersk Honam fire: Remains of missing 3 found onboardThe fire-fighting efforts on board Maersk Honam are progressing. Specialized firefighting vessels remain engaged, with salvage operations l...
Maersk Line invests heavily to secure its operations from cyber-attacks"We have revised our system architecture to reduce some amount of the risks," Maersk Line India managing director Steve Felder said.
Maersk Line India aims to expand supply chain solutionsA bigger role for Maersk in the supply chain would mean the company’s involvement in the road and railways legs of shipments for importers,...
What India needs now is fewer ports with higher capacity: Franck Dedenis, MD India, Maersk LineMaersk Line, the world's biggest container shipper, controls an 18.9% market share in India. The company shipped 1.7 million TEU (twenty fo...
Keen to expand and invest in India: MaerskThe Maersk Group, said that for the 'Make in India' programme to succeed, the country needs "energetic set of policy mechanism" for the sec...
Maersk says no issue funding Greek operations, paid staff early"We are not facing issues funding local operations. Maersk Line continues to receive incoming payments via bank transfers and cash at count...
- Maersk Line to Merge Safmarine Operations in hope to reduce costs
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...
- No congestion at port, says JNPT
The Jawaharlal Nehru Port Trust authorities have said that there is no congestion at the port (JN Port).
- Maersk Line continues to improve reliability: Drewry
Adverse weather conditions and terminal congestion notwithstanding, Maersk Line was one of only three carriers able to improve schedule rel...
- 20 Americans aboard seized vessel off Somalia: Maersk
A US-flagged vessel belonging to the US subsidiary of Danish shipowner Maersk was seized by pirates off the coast of Somalia on Wednesday w...
- Soomar to head Maersk Line in India, Sri Lanka
Rizwan Soomar has taken over as managing director - India & Sri Lanka for Maersk Line, the container shipping arm of the Denmark based A P ...
- Maersk appoints Carlsberg's Nils Andersen as new chief
AP Moeller-Maersk, the world’s largest shipping company, replaced its chief executive officer with Carlsberg’s Nils Smedegaard Andersen aft...