D P World-run Chennai Container Terminal wins first rate hike in 12 years
D P World-run Chennai Container Terminal Pvt Ltd (CCTPL) has won a paltry 1.13 per cent hike in rates, its first in 12 years, from the rate regulator for major ports. The terminal has
FEDERATION OF INDIAN EXPORT ORGANISATIONS
December exports move toward positive territory as New Year brings ray of hope and optimism with effective vaccines expected to revive life and global economy: Sharad Kumar Saraf, President, FIEO Reacting to December 2020
Israeli cargo shipper ZIM Integrated Shipping Services files for a $100 million US IPO
ZIM Integrated Shipping Services, an Israeli container shipping company with over 320K TEU capacity, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. The company states
Suneet Sharma appointed new Railway Board Chairman and CEO
Former Eastern Railway general manager Suneet Sharma was on Thursday appointed the new Railway Board Chairman and CEO upon the completion of the term of incumbent V K Yadav. Yadav was given an extension
Container shortage led to rise in freight rates: Gujarat exporters
Exporters from Gujarat have made a representation to the Union government regarding the shortage of containers that has led to 20-60 per cent increase in freight rates. “During these Covid months, the export has
Container lines question claims of unreasonable rates, poor service
The World Shipping Council (WSC) has pushed back against allegations by two Federal Maritime Commissioners (FMC) that the container lines are not meeting service obligations — particularly to U.S. agriculture exporters — citing a
Prem Watsa-led Fairfax weighs bid for Shipping Corporation
Indian born, Canadian billionaire Prem Watsa-led Fairfax Financial Holdings Ltd is weighing a bid for Shipping Corporation of India Ltd (SCI), the ‘navratna’ state-owned company which has been put up for privatisation by the