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MAERSK CARGO BOOKINGS
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...- Global shipping player Maersk to levy emergency bunker surcharge amid West Asia crisisMaersk will introduce a temporary emergency bunker surcharge on new cargo bookings from March 25. This move aims to ensure the movement of ...
- Indian fruit, vegetable exporters a worried lot as Iran war upsets all calculationsIran war: Demand typically rises during Ramzan-Easter. Several exporters even source seeds and cultivate produce specifically for Europe, w...
- Maersk suspends select cargo bookings between India, neighbouring countries and Upper Gulf markets amid Middle East tensionsIn light of recent developments, the shipping titan Maersk has temporarily halted specific cargo bookings in West Asia. The acceptance of r...
- Iran-Israel-US war: Ships asked to bypass West Asia portsIndian ships are told to avoid West Asian ports and the Strait of Hormuz. Major shipping companies have suspended bookings and rerouted ves...
- Falling ocean shipping rates put carrier profits at risk, analysts sayOcean container rates have plummeted to their lowest since January 2024, falling below major carriers' break-even points due to decreased d...
- Maersk tankers and competitors bet billions on ammonia fuel carriersSeveral shipping companies, such as Maersk Tankers, Mitsui OSK Lines, Trafigura, and Gunvor Group, are investing in ammonia tankers for 202...
- Maersk introduces a new digital solution to simplify air freight booking experience for customersThe new online solution offers customers an option to book their air cargo requirements through a simple online tool with instant prices fo...
- Maersk, MSC to end shipping alliance as strategies divergeIn recent years, both Maersk and MSC have pursued growth in land-based transport and air freight where profit margins for end-to-end servic...
- Old is gold: sky-high cost of ageing ships sounds inflation SOSGreek firm Euroseas bought it in 2019 for $10 million when it was already a decade old. As world trade spiralled into chaos last year, it r...
- War shocks ripple across one of the world’s busiest trade lanesMediterranean Shipping Co. and A.P. Moller-Maersk A/S, the world’s biggest container carriers, on Tuesday halted bookings for Russian freig...
- Shippers stop booking cargo for Russia, UkraineRussia is the topmost destination for India's engineering exports in the Commonwealth of Independent States (CIS) region.
- Tech-logistics company Freightwalla joins hands with Maersk to provide spot rates on its platformMaersk introduced spot rates to reduce overbooking cycles while also providing a price and cargo loading assurance.
- Blockchain is about to revolutionise the shipping industryA P Moeller-Maersk A/S and other container shipping lines have teamed up with technology companies to upgrade the world’s most complex logi...
- Cost reimbursed by Indian agents for utilizing global telecommunication facility not taxable: SCSupreme Court held that payments received by taxpayer towards reimbursement of costs could not be termed as fees for technical services
- Minor ports sail ahead on better infrastructureIndia’s 12 major ports which handled more than 90% of the cargo until a decade ago are facing stiff challenge from minor ports.
- Gujarat Pipavav debuts at 22% premium on both BSE, NSEGujarat Pipavav Port, which made a stellar listing on the bourses, said it expects to clock around a 65% growth in container trade in the c...
- GPPL likely to set IPO issue price at Rs 46 per shareGujarat Pipavav Port Ltd (GPPL), which got a robust response from investors to its Rs 500 crore IPO, is likely to fix the issue price at Rs...
- Gujarat Pipavav Port IPO of Rs 500 cr to hit cap market soonGujarat Pipavav Port Ltd (GPPL) today said its proposed Rs 500-crore initial public offer (IPO) is likely to hit the capital market soon.
- Gujarat Pipavav Port plans raising Rs 500cr via IPO;files DRHPPrivate port developer and operator Gujarat Pipavav Port Ltd (GPPL) plans to raise nearly Rs 500 crore through an initial public offer (IPO...
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