SHANGHAI : Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai Shipping Exchange, the Shanghai Containerized Freight Index (SCFI),
BEIJING : Hundreds of trucks loaded with multi-colored containers queue in front of a 363-meter-long ship docked at a terminal at the Qingdao Port, East China’s Shandong Province, forming a line that stretches for
SINGAPORE : Poseidon Acquisition, a business consortium comprising Ocean Network Express (ONE) and major shareholders Fairfax Financial Holdings, the Washington family, and Atlas Chairman David Sokol, is expected to complete the acquisition of Atlas
NEW YORK : New research released by the Ship It Zero campaign finds that Walmart, Target and Home Depot were the largest ocean import polluters of 2021, as e-commerce demands skyrocketed in the U.S.
NEW DELHI : Welcoming ‘MV Ganga Vilas’, the world’s longest river cruise at its culminating destination in Dibrugarh, Shri Sarbananda Sonowal, Minister of Ports, Shipping and Waterways (MoPSW) hailed it as a historic and path-breaking
CHENNAI : Global Logistics Solutions India is proud to announce the launch of our latest offering – our Feeder Service HOPE SEVEN linking Chennai Port to Pondicherry Port. This latest service will ensure QUICK
AHMEDABAD : With the collaborative efforts of Container Corporation of India Ltd (CONCOR), Transport Corporation of India (TCI), Ahmedabad Customs Brokers’ Association (ACBA) and Chartered Institute of Logistics and Transport (CILT), an event on
PUNE : The logistics sector is a vital component of any country’s economy. In India, the logistics industry plays a critical role in driving the manufacturing sector. However, dealing with numerous compliances has been
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to the newly-launched India-Saudi-Iraq (ISI) shipping service by Singapore-based feeder operator Bengal Tiger Line (BTL). Aimed at empowering importers
MUMBAI : The government will likely come under pressure to “re-look” the process of privatising Shipping Corporation of India Ltd (SCI), the nation’s biggest ocean carrier, as clarity emerge on splitting the core and non-core assets