CMA CGM is broadening its logistics services in the Democratic Republic of Congo (DRC) by enhancing its feeder system, aiming to bolster inland coverage to Kinshasa through the introduction of the intermodal Kinshasa product. This strategic expansion is a pivotal move by the company to leverage its
The recent arrival of COSCO Shipping’s new liquefied natural gas (LNG) dual-fuel roll-on/roll-off (RoRo) vessel, Min Jiang Kou, at Jebel Ali Port in the United Arab Emirates marks a pivotal moment in sustainable maritime practices. This event represents the first time such an advanced vessel
On August 10, 2024, a significant explosion rattled the Port of Ningbo-Zhoushan in China, casting a spotlight on the critical issue of shipping safety. The incident involved the container ship YM Mobility, operated by Taiwan’s Yang Ming Marine Transport Corp. The explosion, which was felt up to a
The strategic collaboration between Bahri, the National Shipping Company of Saudi Arabia, and Ma’aden, the largest multi-commodity mining and metals company in the Middle East, signifies a transformative step towards localizing maritime industries and supporting the Kingdom's economic
India's logistics sector is witnessing a remarkable growth trajectory, with projections indicating an impressive compound annual growth rate (CAGR) of 11% leading up to FY2027, according to a recent report by Rubix Data Sciences. The report estimates that the sector will burgeon to a staggering USD
The shipping industry, particularly the India-Europe ocean route, is witnessing a significant yet stabilizing change. Over the past month, spot rates for shipments have seen a noticeable decline, reflecting a balanced supply-demand environment. Major carriers such as Maersk have adjusted their
