The new shipping line service could take Pipavav's monthly container volume run-rate to around 65,000 twenty-foot equivalent units next fiscal from around 55,000 TEUs in the current year
1 min read23 Nov 2017India's trade volume growth in 2017 could fall to 7-8% from 10% in 2016 as the GST tempers domestic consumption and, therefore, imports, says Maersk Line's Franck Dedenis
2 min read20 Jun 2017Maersk Line, the world's biggest container shipper, sent two of its vessels for decommissioning this summer to the Shree Ram yard in Alang on India's west coast
2 min read17 Oct 2016Maersk reveals a new strategy that includes splitting the conglomerate into a transport and an energy company
2 min read23 Sep 2016Maersk, owner of the world's biggest shipping company, will become an integrated transport and logistics company, the Copenhagen-based group said
1 min read23 Sep 2016The announcement by the poster boy of container shipping to use its leverage to create responsible ship recycling options is music to ears of Alang ship breakers
4 min read19 Feb 2016Danish carrier's decision to discontinue the service just a few months after launching it has surprised many in the shipping industry
2 min read10 Sep 2015The veto is all the more significant because both the Federal Maritime Commission of the US and the European Commission had signed off on the tie-up
3 min read26 Jun 2014Maersk Line agrees vessel-sharing alliance with rivals; teams up with MSC Mediterranean Shipping, CMA CGM
2 min read18 Jun 2013Maersk Line to idle 10% of Asia-Europe service
1 min read19 Oct 2010The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared