NEW DELHI : On cumulative basis from April – December 2023, freight loading of 1154.67 MT was achieved against last year loading of 1109.38 MT, an improvement of 45.28 MT over last year’s loading
PHILIPPINES : Twenty-six shipping lines are now signed up with Container Ledger Account (CLA), an online system that aims to simplify and speed up container deposit refund. New entrants are MSC Mediterranean Shipping Company
MARSEILLE : The French carrier, CMA CGM implemented new Freight All Kinds (FAK) rates as follows from 15 January 2024 (date of loading in the origin ports) until further notice: 20′ 40’/40’HC/40’RF WEST MEDITERRANEAN US$3,500
SINGAPORE : Orient Overseas Container Line (OOCL) announced the addition of a new 24,000 TEU mega vessel to its fleet. The newest member of OOCL’s fleet was named OOCL Valencia at the shipyard of Nantong COSCO
CAIRO : AD Ports Group, a leading facilitator of global trade, logistics, and industry today initialled a 15-year concession agreement with the Red Sea Port Authority (RSPA), to operate and manage three cruise terminals
RIYADH : Saudi Red Sea Authority (SRSA), the key enabler and regulator of coastal tourism activities in Saudi’s Red Sea, has begun on ground inspections as a prerequisite for issuing the required licenses to
MUMBAI : After a highly successful and transformative tenure at the Jawaharlal Nehru Port Authority (JNPA), Mr. Sanjay Sethi, IAS, has officially concluded his deputation, marking the end of an era. To honor his
MUMBAI : The Ministry of Ports, Shipping, and Waterways has given the additional charge of Chairman, Jawaharlal Nehru Port Authority, to Mr. Unmesh Sharad Wagh, a 2002 batch Indian Revenue Services (IRS) Officer. The previous Chairman, Sanjay
MUMBAI : Nhava Sheva Port (JNPA) ended 2023 on a strong note, with its annual container throughput reaching a new high. The port saw yearly containerised traffic rise 7% year-over-year to 6.3 million TEUs,
VISAKHAPATNAM : Visakhapatnam Port will emerge as number one port among major ports in the country, said Visakhapatnam Port Authority (VPA) Chairman Mr. M Angamuthu. Speaking to the media here on Wednesday, he said