Container equipment costs twice the price in the span of one year
Dry freight shipping container prices have skyrocketed in a year to reach record highs, but will decrease in the next years, according to Drewry’s newly released Containers Census & Leasing Annual Review and Forecast
GM soyameal import may be on the cards
NEW DELHI : Is the government getting ready to take a call on import of feed material from a genetically modified (GM) source? Recent inter-ministry communication points to strong indication that a decision is
Covid-19 outbreak on Maersk ship off Tauranga
A Maersk Line’s vessel has been anchored off Tauranga port in New Zealand after 11 of its 21 crew members tested positive for Covid-19. New Zealand’s Health Ministry stated on 9 August that the
Navayuga Engineering-Aurobindo Realty and Infrastructure JV signs Rs2,634.65 crore EPC deal for Ramayapatnam Port
The Ramayapatnam port will be developed in two phases MUMBAI : A joint venture between Navayuga Engineering Co Ltd and Aurobindo Realty and Infrastructure Pvt Ltd have signed a ₹2,634.65-crore engineering, procurement and construction
Thailand mulls launch of national liner operator to tackle soaring freight rates
The government has told Port Authority of Thailand (PAT) to establish a national liner operator by mid-2022 to overcome high freight rates and see more exports transported by local carriers. Transport minister Saksayam Chidchob
Major global shipping lines report record rise in revenues during June quarter
CHENNAI : Riding on the steep hike in sea container freight rates, major global shipping lines — Hapag Lloyd, Ocean Network Express (ONE) and CMA-CGM — reported record increase in their revenues in the
Football tournament organized by Rim Zim and Sponsored by Fleetx.io
Tournament was held on 7th & 8th August under flood lights and it was a knock out one. A total of 10 teams from Kutch Participated in tournament including locals, shipping agents and transporters.
Phthalic Anhydride: Anti-dumping duty on imports from China, Indonesia, Thailand, South Korea
NEW DELHI : The Finance Ministry has imposed definitive anti-dumping duty on Phthalic Anhydride (PAN) imports from China, Indonesia, Thailand and South Korea. This duty, which will be applicable for five years, ranges from