Freight rates elevated more than 90% in one year
Xeneta Shipping Index (XSI) has revealed another monthly hike in long-term ocean freight rates, with global container prices rising by 3.2% in September, followed by a 2.2% increase
Hanjin Heavy wins order for boxship quartet
Hanjin Heavy Industries & Construction Co., a mid-sized shipbuilder in South Korea, has secured a KRW 310.5 billion (about $261.8 million) order for the construction of four containerships.
Union Shipping Minister compliments SCI for contributing to Prime Minister’s vision of Transformat
MUMBAI : Being the biggest transporter of the sea, The Shipping Corporation of India has contributed significantly to fulfilling Prime Minister’s vision of Transformation through Transportation. This was
Exports continue on path of high growth trajectory on the back of buoyant order booking : President,
NEW DELHI : Reacting to the monthly trade data for September, 2021, which has continued on the path of higher growth trajectory, FIEO President, Dr A Sakthivel said
Adani Ports cargo volume rise 24%, handled 23.08 MMT in Sept 2021
AHMEDABAD : Adani Ports and Special Economic Zone Limited (APSEZ) has announced the operational performance for September 2021 as under: APSEZ’s portfolio of ports during September 2021, handled cargo
CMA CGM announced new service to link Greece, Egypt and Turkey
MARSEILLES : CMA CGM ,the French carrier has announced the launch of its Short Sea weekly service, which will connect North Greece with Egypt and South Turkey. The
NITIE”s Centre of Excellence in Logistics and Supply Chain Management to Buttress India”s Vision
MUMBAI : National Institute of Industrial Engineering (NITIE) has achieved another milestone in its resolve for excellence with the inauguration of the Centre of Excellence in Logistics and
Gangavaram Port primed for Container boxes
VISAKHAPATNAM : Adani Ports and Special Economic Zone (APSEZ) commences work on opening a container terminal at Gangavaram port, days after it acquired the port in a ₹6,200
Adani – SLPA signs US$700 million deal for new container terminal in Colombo, but transhipment
COLOMBO : Adani Ports and Special Economic Zone Limited (APSEZ) and The Sri Lanka Ports Authority (SLPA) have signed a 35-year agreement to jointly develop the Colombo West International
Concor cuts rates for Nepal-bound import boxes by 35%
NEW DELHI : Container Corporation of India Ltd (Concor) has cut rates by some 35 percent for hauling import containers landing at Visakhapatnam, Haldia and Kolkata ports and