Container lines are blanking very few sailings in the traditional slack season around Chinese New Year, as they continue to try and cope with unprecedented demand and disruption caused by empty container shortages. Analyst
The willingness of shipping lines to make direct cost outlays and forego revenue to reduce the empty container backlog shows the incredible support being given by ocean carriers to keeping Australia’s supply chain functioning.
PARADIP: Within four days of approval by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, Paradip Por Trust (PPT) issued a “Global Tender” for the project of “Deepening and Optimization
MUMBAI: Mr. Binesh Kumar Tyagi has been named the New Director (liner and passenger services) at Shipping Corporation of India Ltd. Tyagi is currently a General Manager at the state-owned company. Tyagi’s appointment was
Disruptions caused by the COVID-19 pandemic continued to impact cargo movement in India with thermal coal imports at 12 major ports declining 16.43 per cent year-on-year to 55.16 million tonnes in April-December 2020 period,
The Central Board of Indirect Taxation & Customs (CBIC) in order to promote import and export related ease of doing business among MSMEs with respect to their Authorised Economic Operator (AEO) accreditation has eased
Prime Minister Narendra Modi on Thursday inaugurated the 306 km Rewari-Madar section of the Western Dedicated Freight Corridor section and said the modern Dedicated Freight Corridor is a “game changer” for India in the
NEW DELHI: Adapting the ‘new normal’ and strategically implementing Government of India’s vision of Digitizing India, Indian Ports Association (IPA) understood its importance during the unprecedented COVID 19 pandemic. As the foundation of IPA
Container Corporation of India (CONCOR) jumped 4.02% to Rs 432 after the company said it is exploring the possibility of merging its subsidiaries with itself. In a regulatory filing issued after market hours yesterday,
In a “normal” year, carriers would announce several blank sailings in connection with Chinese New Year (CNY), in order to balance supply to the lower container shipping demand, due to factories closing over the
