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Maersk vessel catches fire in Arabian Sea

  The 15,226-TEU Maersk Honam experienced a serious fire in one of its cargo holds Tuesday in the Arabian Sea, One dead, leaving four crew members still missing. Amidst concerns over its Saturday night's loss of 70 or more containers onboard its container ship, Maersk Shanghai, in rough seas caused by stormy weather off North Carolina, the world's largest

Panalpina moves highest volumes in company history

Switzerland-based forwarder and logistics services provider Panalpina ended an eventful year, in which it made some notable acquisitions in the perishables sector, and reported record-breaking volume and profitability. Air freight volume for the full year increased 8.1 percent to a record 995,900 tonnes. While it may be tempting to assume that the figure

China’s February exports surge, trade surplus widens

China’s exports surged in February while its politically sensitive trade surplus widened amid mounting tension with Washington. Exports rose 44.5 percent over a year earlier to $171.6 billion, accelerating from January’s 11.1 percent growth, customs data showed Thursday. Imports rose 6.3 percent to $137.8 billion, down sharply from the previous month’s

Jomo Kenyatta International Airport Named Best Improved Airport in Africa

Nairobi - The Jomo Kenyatta International Airport has been awarded the best-improved airport in Africa by the Airports Council International (ACI). The world Airports body has singled out JKIA's improved customer service based on the responses from passengers captured by the Airport Service Quality (ASQ) survey. Kenya Airports Authority's Managing Director, Jonny

Maersk ship loses dozens of containers off N.C. coast

The container ship MAERSK SHANGHAI lost 70 or more containers in rough seas caused by stormy weather off North Carolina, The 10,081-TEU Maersk Shanghai lost between 70 and 73 cargo containers Saturday night about 17 miles off the coast of Oregon Inlet, N.C., but all crew members are safe and accounted for.   The Maersk Shanghai lost

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