Hapag-Lloyd increases prices to Australia
HAMBURG : Hapag Lloyd has announced new rates for Australian destinations that will take effect in the next months. Firstly, the German carrier will implement a peak season surcharge (PSS) of US$500 for 20′
Yard density and container delays force Antwerp terminal to set cargo opening rule
Port of Antwerp’s MSC PSA European Terminal (MPET) has decided to implement a Yard Opening Time (YOT) scheme for all containers delivered at Q1718 and Q1742. With this action, the Belgian container terminal aims
Supply-Chain Backlogs Turn Chicago Into New Chokepoint
CHICAGO : Some railroads have restricted container shipments into the key Midwestern freight hub as bottlenecks from a flood of container imports stretch inland from the West Coast Chicago is emerging as a new
DCT Gdańsk to boost container capacity by 1.5 million TEU
The tender committee of the Port of Gdańsk Authority has announced that the lease for a new port area has been awarded to DCT Gdańsk S.A. On 18 September 2020, the Port of Gdańsk
SCI sees all-time high bulk trade; expects strong FY22 for all liner shipping cos
NEW DELHI : The Shipping Corporation of India is in the process of adding two LPG carriers to its existing fleet of 59 vessels. In an interview with, Mrs. Harjeet Kaur Joshi, CMD of
Wan Hai approves US$1 billion budget for more vessel acquisitions
TAIWAN : Wan Hai Lines’ chairman has authorised a US$1 billion budget for “asset acquisition and disposal”, as the Taiwanese liner operator appears to prepare for fleet expansion. The budget authorisation was announced at
DP World and Russia to Pilot Container Shipping Via the Arctic Route
DUBAI : Russia continues to develop shipping through the Arctic promoting it as a faster route that is an alternative to the Suez Canal. In the latest development, ROSATOM, the Russian nuclear energy company
India, Maldives sign MOU to expedite Customs clearance
NEW DELHI : The Maldives and India have signed a Memorandum of Understanding on the exchange of pre-arrival information for trade facilitation and control of customs. The MoU will facilitate faster clearance of goods
35 MMLPs to be developed under PPP
NEW DELHI : The Cabinet Committee on Economic Affairs (CCEA) had mandated the Ministry of Road Transport and Highways (MoRTH) to develop 35 Multi-Modal Logistics Parks (MMLP) across the country. As part of it,
CONCOR moved 1st ever Oxygen Express to Bangladesh
TATANAGAR : Container Corporation of India Ltd. ( CONCOR) on Saturday, 24th July moved 1st ever Oxygen Express LMO with 200 MT to Bangladesh from Tatanagar with help of Indian Railways, reaching its destination