DHAKA : While outbound laden containers are piling up in depots, Chittagong port yards are full of boxes. At the same time, the vessels in Chittagong are experiencing severe berthing delays raising shippers and
LONDON : Surging container shipping cargo demand in the wake of the pandemic has resulted in a significant improvement in the global terminal capacity outlook, but this may not be sufficient to support forecast
TIANJIN : Tianjin port section C intelligent container terminal is a new version automatic container terminal constructed by Tianjin Port, which will be put into operation at the end of this year. To achieve zero
GERMANY : MAN Energy Solutions has won the order to supply the world’s first, low-speed, dual-fuel engine to run on methanol within the container segment. Hyundai (HMD) will construct the 2,100-TEU vessel in Korea for A.P.
LONDON : Reporting indicates that the Liberian flagged MT MERCER STREET (IMO 9539585) has been attacked approximately 152nm NE Al Duqm, Oman. Reports by UKMTO indicated an initial attack against an unnamed vessel occurring
JOHANNESBURG : Transnet, South Africa’s main port operator, has got operations back up after being struck by a cyber attack last week. “Transnet Port Terminals, in collaboration with the shipping lines is facilitating the evacuation
LONDON : When will the container capacity crunch finally ease? For an early indicator, keep an eye on production of the humble 40-foot dry cargo box. If the volume and cost of new containers
NEW DELHI : The Inland Vessels Bill 2021 was passed in Lok Sabha on Thursday, 29th July 2021 . It was introduced in the House by Union Minister for Ports, Shipping and Waterways Shri
GENEVA : The latest decision of CMB Financial Leasing (CMBFL) to buy two 16,000TEU vessels from Guangzhou Shipyard International (GSI) for long-term lease to Mediterranean Shipping Company (MSC) once again got the market buzzing
NEW DELHI : State-owned Container Corporation of India Ltd (Concor) on Thursday reported 409.67 per cent surge in consolidated net profit to Rs 251.22 crore for the first quarter ended June 30. The company
