Brazilian-based logistics company Log-In Logistica Intermodal announced late on Wednesday it had come into a takeover offer from the Swiss-based international shipping line Mediterranean Shipping Company (MSC), which is aiming to secure a controlling stake of up to 67% in the company.
Swiss-based shipping line and the world’s number-two ocean liner, Mediterranean Shipping Company (MSC), has stated publicly for the first time its objective to reach net-zero carbon emissions by 2050.
NTSB’s latest report has revealed that the reason for the infamous capsizing of Golden Ry was due to incorrect stability calculations. the capsizing caused damages worth caused damages worth $200 million
A.P. Moller – Maersk has marked its third acquisition this year within e-commerce logistics with the inclusion of HUUB, a Portuguese-based cloud-based logistics start-up, having expertise in technology solutions for B2C warehousing for the fashion industry.
Today, safety is still a major concern for shipowners and shipping companies, but there are a number of economic factors associated with ship routing. Choosing a route avoiding storms, strong underwater currents, and just downpours and high waves can get the ship to its destination much faster, saving time and fuel.
DP World is investing an amount of $414.9 million in building a fourth berth at the London Gateway, which is located within the wider Port of London.