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India to set up two mega shipbuilding parks by 2030India plans to establish two operational Mega shipbuilding parks by 2030, aiming for a share of the $100 bn global market. The parks will b...
Major fire on merchant navy ship off Karnataka coast doused: Coast GuardOn July 19, MV Maersk Frankfurt, carrying dangerous cargo from Mundra to Colombo, caught fire off the Karwar coast and is now 13 nautical m...
Indian coast guard ships battle fire aboard vessel in Arabian seaThree Indian Coast Guard ships responded to a distress call from the cargo vessel MV Maersk Frankfurt, which reported explosions on its fro...
DHL asks clients to tweak inventory plans as trade groups see limited Red Sea falloutDHL Group does not operate ships but it uses them to transport containers. The German company offers planes, trains and trucks to move good...
Shipping firms take first steps towards Red Sea returnThe world's top shipping companies, including Maersk and Hapag-Lloyd, stopped using Red Sea routes after Yemen's Houthi militant group bega...
No more smooth sailing as shipping giant sees 'difficult waters' aheadResults were boosted by an average rate for 20-foot containers that was $2,938 during the nine-month period, compared with $1,818 a year ea...
Hapag-Lloyd sees no let-up in tight shipping capacityWhile supply chain strains bolstered shipping rates and earnings they are expected to weigh on volumes, with the group expecting an increas...