HAMBURG: Hapag-Lloyd has got the year off to a very good start thanks to exceptionally strong demand for container transports, which has led to a much higher level of freight rates. Based on preliminary
Rising diesel prices are driving up costs and this may have a cascading impact on logistics costs. The Kandla Mundra Container Transport Welfare Association (KMCTWA) asked its members to increase the freight rate which
The inauguration is part of the launch of Mahabahu-BrahmaputraThe programme will also include laying the foundation stone of Dhubri Phulbari bridge and perform Bhumi Pujan for construction of Majuli bridge In order to improve
The World Maritime Theme for 2021 is dedicated to seafarers, highlighting their central role in the future of shipping. IMO has chosen to make 2021 a year of action for seafarers, who are facing
A mutually convenient date would be finalised for signing of the agreement, after which it will be implemented. It would be India’s first such trade pact with an African nation. The Union Cabinet on
Cargo traffic at 12 major ports dropped by 7.44% to 542.13 million tonnes (MT) during April-January this fiscal, compared with 585.73 MT in the year-ago period. India’s top-12 ports witnessed a considerable decline in
A.P. Moller – Maersk speeds up on decarbonisation with a methanol-fueled feeder vessel on the water in 2023, piloting a scalable carbon neutral product to customers and offering fuel suppliers incentive to scale production
BCC&I’s 10th edition of Annual Shipping and Logistics Conclave 2020-21 brings together key stakeholders’The Shipping and Logistics Committee of the Bengal Chamber of Commerce & Industry (BCC&I) organised the 10th edition of its Annual
The merchandise trade deficit was $15.3 billion in January 2020Exports in January 2021 were $27.45 billion, as compared to $25.85 billion in January 2020, exhibiting a positive growth of 6.16% India’s trade deficit in
An Ocean Network Express (ONE) containership is trialing the use of sustainable marine biofuel as industry seeks to make supply chains more sustainable by reducing carbon emissions in the container shipping segment. The 4,803