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Logistics
Dry Bulk shipping fundamentals seen improving moving forward : BIMCO
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LONDON : We expect the supply/demand balance to strengthen in 2024 and weaken in 2025. Supply is estimated to grow by 2-3% in 2024 and 1.5-2.5% in 2025, while demand is!-->…
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Attacks on Red Sea shipping forces 66% decline in Suez Canal traffic – ONS
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NEW PORT : Shipping traffic through the vital Suez Canal artery in Egypt has plunged by 66% since cargo was forced to divert due to attacks on vessels by Houthis, according!-->…
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Kuehne+Nagel expands spare parts logistics for the automotive industry
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BREMEN : As one of the leading logistics providers for the automotive industry, Kuehne+Nagel now manages a 170,000m² spare parts fulfilment and delivery centre in!-->…
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DP World delivers its global beyond boundaries initiative to Africa
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JOHANNESBURG : DP World, a global leader in smart end-to-end supply chain logistics, is proud to bring its Beyond Boundaries Initiative to the African continent for the!-->…
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Hapag-Lloyd one step closer to 100% eBL adoption
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HAMBURG : German container shipping giant Hapag-Lloyd has decided to adopt IQAX eBL to issue electronic bills of lading (eBL) over Global Shipping Business Network’s (GSBN)!-->…
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MSC strengthens UK West Coast – East Med Service
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GENEVA : Swiss/Italian box carrier MSC has extended its UK west coast – East Mediterranean service to the port of Greenock in Scotland.
The service connecting Turkey!-->…
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DP World and Sabah Ports to bolster handling capacity at Sapangar Bay Container Port in East…
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SABAH : DP World and Malaysia’s Sabah Ports Sdn. Bhd established a partnership to manage Sapangar Bay Container Port (SBCP) to cement SBCP’s position as the premier!-->…
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Centre allows export of 2,000 tonnes of onions via three ports
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NEW DELHI : In a surprise move, the Union government on Thursday partially relaxed the indefinite ban on onion exports again, paving the way for the “immediate” export of!-->…
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DSV reports US$5.5 billion revenue in 2024 first quarter
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COPENHAGEN : DSV kicked off 2024 on a high note, securing increased market share across all divisions. The first-quarter results are as expected and signify the!-->…
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DP World promotes transparent sustainable infrastructure development
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DUBAI : DP World has published a Sustainable Development Impact Disclosure (SDID), making it the first company globally to adopt and disclose its development impact in!-->…
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