CMA CGM introduces new surcharges in Africa
MERSEILLES : The French carrier CMA CGM has published new surcharges for shipments destined to Africa, applicable from mid-September, aiming to provide its customers with “reliable and efficient services”. In particular, the Marseille-based shipping
Singapore’s PIL meeting demands for sea transportation of goods amidst pandemic and sustainability drive
SINGAPORE : One of Pacific International Lines’ (PIL) magnificent 11,800 TEU P Class, built in 2019 and among the largest vessels in PIL’s fleet, called at Singapore in July 2021, en route to Brazil from
From a factory in China to a supplier in Chicago
Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes, waiting for a ride to the U.S. It’s been on the dock for months, trapped
Hamburg recovers from Covid-19 downturn, marking all-time rail record
The Port of Hamburg has achieved an all-time rail container transport record in the first six months of the year, according to the port’s 2021 first-half report, which shows an overall improved performance in
Container freight rates rise in five-fold in two years on supply shortage
MUMBAI : In a major blow to world trade, global average container freight rates have risen more than five-fold in two years due to a massive supply shortage which emerged partly on account of
Hapag-Lloyd orders another 75,000 TEU standard containers
HAMBURG : To further ease the scarcity of empty containers, Hapag-Lloyd has ordered another 75,000 TEU dry boxes. The containers will be manufactured in China and delivered to Hapag-Lloyd within the fourth quarter of
While India’s exports are doing well, container shortage is cause of concern, says FIEO
Shortage of shipping containers triggered by massive congestion at Chinese ports is beginning to give Indian exporters nightmares. Ajay Sahai of FIEO said the government needs to ensure that not many empty containers are
JNPT to roll out special VRS ahead of privatisation of container terminal
The offer will be open for six months from September 1 MUMBAI : Jawaharlal Nehru Port Trust has secured backing from the government to introduce a special voluntary retirement scheme (SVRS) for employees from