Shipping
Goa to be developed as cargo and cruise hub
03 Dec 2024
The central government is investing Rs101.72 crore for developing international and domestic cruise terminals, besides a ferry terminal at Goa’s Mormugao Port
CMA CGM seeks data compliance under EU’s new import control system
14 Nov 2024
Shipping giant CMA CGM has asked its customers to be ready with the additional mandatory data required to be provided under the European Unions’ Import Control System 2 (ICS2) regulations
CMA CGM hikes freight rates from Asia; slaps container surcharge in the Americas
01 Nov 2024
Shipping giant CMA CGM has announced a hike in freight rates of all kinds (FAK) beginning 15 November 2024
Maersk signs long-term methanol deal for fuelling its container fleet
01 Nov 2024
Danish shipping giant Maersk, part of the AP Moller-Maersk Group, has signed a long-term agreement with LONGi Green Energy Technology Co Ltd
US port workers call off strike after tentative wage deal with employers
04 Oct 2024
US port workers across the East Coast and the Gulf of Mexico called off their three-day strike on Thursday, following a tentative deal with the employers group
East Coast dockworkers’ strike halts half of US port operations
02 Oct 2024
Dockworkers across 36 ports in the US East Coast and the Gulf of Mexico struck work on Tuesday over dispute with employers over wages and other issues
Govt launches `Cruise Bharat Mission’ to boost cruise tourism in India
01 Oct 2024
The central government has added ‘Cruise Bharat Mission’ to the long list of mission mode schemes that aim at revitalising various sectors of the economy.
CMA CGM acquires 48% stake in Brazil port terminal operator Santos Brasil
23 Sep 2024
French shipping giant CMA CGM has acquired 48 per cent stake in Brazilian port terminal operator Santos Brasil Participacoes, for about $1.15bn
CMA CGM launches new service connecting Indian subcontinent and US East Coast
18 Jun 2024
French shipping and logistics company CMA CGM on Monday announced the launch Indamex, a renewed shipping service to cater to the rising demand between Indian subcontinent and the US East Coast.
CMA CGM to invest $1.6 bn in energy transition fund
26 Feb 2024
Shipping giant CMA CGM has proposed to invest $1.6 billion (Euro 1.5 billion) over five years to create an energy fund to support its planned transition to a zero emission company.