Transpacific shippers preparing to begin annual contract negotiations with container shipping lines have been warned that the market for contract rates could be around 15% overpriced. According to new analysis from SeaIntelligence Consulting, the
India’s merchandise exports in January 2021 were valued at $27.24 billion as compared to $25.85 billion in January 2020, an increase of 5.37%. Exports during April-January 2020-21 were $228.04 billion, as compared to $264.13
Pacific International Lines (PIL) has announced that it has garnered support from a significant majority of its creditors and noteholders for its debt restructuring plan. In the company’s Scheme Meeting held on February 1,
To fulfil its commitment of enabling $10 billion in e-commerce exports from India by 2025, Amazon has partnered with Startup India, Sequoia Capital India and Fireside Ventures to launch an accelerator programme to help
As per a Jawaharlal Nehru Port Trust (JNPT) Trade Notice dated February 1, 2021, JNPT has started on site dismantling work of old RMQCs 10, 11 and 12 at Shallow Water Berth (SWB) w.e.f.
TOKYO: Mitsui O.S.K. Lines, Ltd. announced that it will restructure the organization effective April 1, 2021, as follows: Establishment of Environment & Sustainability Strategy Division MOL will establish the Environment & Sustainability Strategy Division
Vadodara: A sharp increase in Ocean Freight and Air Freight bound for world wide destinations put Exporters and Importers to hold their shipments at a toss making huge losses.Currently Exporters are need to wait
AAL Shipping (AAL) is marking the one-year anniversary of its ‘Europe – Middle East / India – Asia Monthly Liner Service’ with a long-term commitment to employing six ‘mega size’ (30,000+ DWT) heavy lift
Adani Ports and Special Economic Zone (APSEZ) added 0.52% to 545.65 after the company’s cargo volume rose 31% year-on-year (YoY) to 26.02 MMT in January 2021. The cargo volume includes volume of 3.87 MMT
MUMBAI: Gateway Rail Freight Ltd. (GatewayRail), a subsidiary of Gateway Distriparks Limited, has undertaken operations of two double stacked trains in a python configuration on the Western DFC. These trains are dedicated services for
