DP World has announced a significant restructuring of its executive leadership. On Friday, February 13, the port and logistics giant confirmed the immediate resignation of its long-time Chairman and CEO,…
The Government of India has officially approved a ₹364 crore plan to modernize the country’s fishing fleet. Under the Vessel Communication and Support System (VCSS), 100,000 mechanised and motorized fishing…
Maersk confirmed on Thursday that it will lay off 1,000 corporate employees. The move is a direct response to deteriorating freight rates and the “gradual reopening” of Red Sea routes,…
Operations at Bangladesh’s main maritime gateway, Chattogram Port, remained paralyzed yesterday. The ongoing work stoppage has brought movement to a crawl, and the export sector is taking the hardest hit.…
A.P. Moller – Maersk has appointed Company Stalwart Charles van der Steene as its new Regional Managing Director for the Indian Subcontinent, Middle East & Africa (IMEA), effective 1 January…
Kiyaan Singh