Container carrier profits soar on record volumes, higher ratesFortunes in the industry, which transports 80% of global merchandise trade, boomed during the pandemic amid strong consumer demand and Covi...
02 Sep, 2024, 09.57 AM IST
Trade strains boost cargo rates at pace recalling Covid ‘chaos’Global goods trade is rebounding, boosting shipping rates and triggering memories of past disruptions for supply-chain managers.
28 May, 2024, 09.38 AM IST
Maersk veteran builds $220 million bet backed by super-richThe Copenhagen-based venture firm has already secured about half that amount from major family offices as well as institutional investors a...
26 Mar, 2024, 09.47 AM IST
Shipping shifts from jackpot to job cuts after $364 billion boomOver the past 10 days, Maersk, Hapag-Lloyd and closely held CMA CGM SA of France — all top-five players that together control about one-thi...
14 Nov, 2023, 10.34 AM IST
Billionaire Maersk family forms green methanol firm for shippingThere is a green methanol production capacity of 153,000 tons in operation at the moment around the world, which also includes demonstratio...
15 Sep, 2023, 09.55 AM IST
Shipping companies are on a spending spreeMajor shipping firms are spending record profits on new models mostly from shipyards of Korea and China.
01 Aug, 2023, 09.37 AM IST
Maersk replaces CEO to steer shipping firm through turbulent watersCompany veteran Clerc, who currently heads the company's Ocean & Logistics business, is taking the helm at a time of slowing demand for tra...
13 Dec, 2022, 10.24 AM IST
India Inc is doubling down on senior hires in compliance, risk & legal to stay on top of rulebooksCompanies across the banking, financial services and insurance, and fintech sectors are ramping up their risk and compliance functions with...
11 Dec, 2022, 08.44 AM IST
Weaker demand for goods from Asia marks end of shipping bonanzaIn what’s typically the peak season for seaborne trade, global demand for Chinese goods is waning instead as consumers cut back spending be...
26 Sep, 2022, 09.06 AM IST
Container lines are set to smash year-old profit record by 73%Two years of economic disruptions have transformed an industry that carries about 80% of global merchandise trade from a perennial money lo...
10 Aug, 2022, 09.40 AM IST
Bucking the pandemic: India's on its way to become the world's pharmaceutical hubConsequently, the Centre's new-found vision amid the Covid-19 pandemic for a self-reliant India -- 'Aatmairbhar Bharat' -- if accomplished ...
30 Mar, 2021, 06.21 PM IST
Bottlenecks wear down world economy’s fleet of container shipsThe world’s top container line, A.P. Moller-Maersk A/S, this month called the challenges “the most dramatic stress test of the past 75 year...
23 Dec, 2020, 09.56 AM IST
Beating biases for diversity at the workplaceEquiv.in addresses issues of workplace diversity with emphasis on inclusiveness, and offers a hiring platform for Fortune 500 firms.
24 Jul, 2019, 09.46 AM IST
40 Tata firms to seek nod for enlisting specialist directorsIndependent directors who have completed two terms are expected to make way for new faces after having served on the board of Tata Group co...
11 Jun, 2019, 10.22 AM IST
Trust, in the time of BlockchainSometimes what is old can become radically new again. Trust is one of those concepts. As we embed trust into blockchain transactions, new t...
08 Feb, 2018, 02.36 PM IST