Exporters in China are raising prices by 10% or more, adding to inflation risk on top of the existin…
Chinese exports are getting pricier on the back of higher input prices in China amid the shipping crisis. Demand is surging in the developed world as economies recover from the COVID-19 pandemic. Chinese exporters are hiking prices,
Outstanding transport of Hydro-electric equipment in West Africa
Teams of Bolloré Transport & Logistics Guinea, Senegal, Gambia and Ivory Coast, with the support of the Africa Industrial Projects department, have completed the shipment of transformers and inductors for important hydro-electric installations developed
Middlemen worried as box lines, terminal operators offer door-to-door service
Global terminal operators and container shipping lines are exploring end-to-end freight management, a move that will drastically curtail the role of freight forwarders. Recently, Dubai-based DP World launched CARGOES Logistics, a new digital logistics
Port Sudan terminals halt operations – MSC stops voyages at King Abdullah Port
The terminals at Port Sudan have ceased operations, according to MSC’s announcement, creating uncertainty on the berthing prospects of the company’s vessels and causing important delays. “This unfortunate situation makes it unreasonable to continue
Container shipping rates entering extended period of volatility: Lars Jensen
The global container shipping industry is entering a period of volatility that will extend long after the current peak shipping season, with a return to pre-pandemic market conditions almost certainly out of reach, according
Singapore opens Tuas Port storage space, hires 2,500 workers to help ease global supply chain crisis
SINGAPORE – The not-yet-operational Tuas Port is already being used to store containers, as Singapore ports, operating round the clock, ramp up resources and capacity to help tackle the global supply chain disruption. The logistical nightmare has
Kutch trade body urges Centre to set up national shipping line carrier
RAJKOT : With the container shortage crisis crippling the exim trade, the Federation of Kutch Industries Association (FOKIA) has sought urgent intervention of the central government in regulating the exorbitant freight rates by setting
Sweet, garment export orders pushed up by Diwali and Christmas demands
NEW DELHI : Export orders for food, handicraft and readymade garments have risen at least 15% year-on-year owing to the upcoming festival season in the United States and a higher demand for Indian sweets