The new record comes despite the global trade crisis caused by supply chain failures and port congestion created by the pandemic, which have caused shortages in some markets Panama Canal had a record fiscal
CEOs from the world’s biggest shipping companies and government representatives from maritime states will convene in Glasgow at a cross-industry decarbonization conference next month to coincide the United Nations’ COP26 climate change conference. The
Sea-Intelligence has published a Global Liner Performance (GLP) report for schedule reliability, showing moderate results for the majority of the container shipping lines. The report covers schedule reliability across 34 different trade lanes and
All-inclusive container shipping rates from North Asia to North America are increasingly likely to rebound in November as port congestion and supply chain gridlock countered other bearish indicators. The October downturn in trans-Pacific eastbound
NEW DELHI : Logistics space has one more entrant with Smart Express, founded by Blue Dart’s former top official Yogesh Dhingra, commercially launching its services this week, playing on the discount card that will be average 20 per
NEW YORK : Ahead of the United Nations Climate Change Conference in Glasgow, Scotland, the Port Authority of New York and New Jersey (NYNJ) has announced that two critical policies will be presented to
NEW DELHI : New product mix along with focus on emerging market opportunities are required to sustain export growth, India Ratings and Research (Ind-Ra) said recently. Accordingly, the Indian export basket in H1FY22 consisted
KOLKATA : West Bengal is all set to join the long list of maritime states where the Adani Group has a presence. If everything goes to plan, the conglomerate will take over a berth
GENEVA : There are millions of paper bills of lading sent around the world every year. But physically moving these important trade documents between exporters, shipping agents, banks, importers and more is a complex
TOKYO : Japanese ocean carrier Ocean Network Express (ONE) said it now expects a net profit of nearly $12bn for its financial year ending 31 March 2022, following a $3.5bn surplus the year before.