Maersk sees congestion in Asia and Mediterranean ports

05 Jun 2024 CW Team

The Danish shipping company Maersk stated in a statement that it is experiencing severe terminal congestion in ports in Asia and the Mediterranean, which is seriously delaying its vessel timetable. The second-largest container shipping firm in the world will forgo two westbound sailings from China and South Korea that were scheduled to depart in early July due to the congestion, the business stated. Maersk's warning coincides with a rise in expenses and cascading delays in global supply chains brought on by Houthi rebel strikes on commercial boats close to the Suez Canal in Yemen. For safety reasons, major ocean carriers such as Maersk, MSC, and Hapag-Lloyd have relocated their ships to the longer route that circumnavigates Africa. According to Linerlytica, Singapore, which is home to the second-largest container harbour in the world, is the most recent country to experience congestion. Additionally, data from that company indicated port congestion in China, Dubai, Spain, and the US. High winds and adverse weather have impacted cargo movements at Chinese ports, maritime experts told Reuters. According to Lynerlytica, the abrupt increase in cargo demand as well as ongoing interruptions brought on by ships diverting from the Red Sea are the main causes of the growing congestion in Singapore and Dubai's Jebel Ali ports. Containers are being offloaded from ultra-large ships from the Far East at western Mediterranean ports like Barcelona and reloaded onto smaller vessels that are sailing to central and eastern Mediterranean ports, their eventual destinations.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..