CMA CGM updates rates from Middle East Gulf to North Europe, Med and North Africa
MARSEILLE : CMA CGM announced new Freight All Kinds (FAK) rates effective from 12 July (loading date at origin ports) until further notice. These new FAK rates apply
Singapore Port congestion shows global impact of Red Sea attacks
SINGAPORE : Congestion at Singapore’s container port is at its worst since the Covid-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has
Kuehne+Nagel establishes network of cross dock warehouses in support of healthcare market in U.S.
NEW JERSEY CITY : With this solution, Kuehne+Nagel addresses the growing need of the healthcare market for more sustainable and cost-optimized supply chains, in an industry where precise
Shipping companies review schedules as another strike paralyzes the terminal in Wilhelmshaven
WILHELMSHAVEN : Maersk is reviewing vessel line-ups and schedules at the Wilhemshaven Terminal in Germany after Trade Union ver.di initiated another round of warning strikes. And a date has
Container prices double, leasing rates triple in China
BEIJING : The average container prices in China have reached their highest in two years, at US$3,600 this week for 40 ft high cube cargo-worthy containers in China.These
National Logistics Day – June 28
As there are a “National Day” for about everything under the sun and that is ok because who doesn’t love celebrating key dates in history, industries and holidays.
MoPSW may back green transition of inland vessels, tugboats with ₹15,000 cr VGF
NEW DELHI : The Shipping Ministry is preparing a ₹15,000-crore viability gap funding (VGF) plan for companies to shift to greener vessels for inland water transport over the next
PM Gati Shakti scheme is transforming India’s infrastructure: Morgan Stanley
NEW DELHI : In a recent report American multi-national investment bank and financial company Morgan Stanley has all praise for PM Gati Shakti Scheme. The report says India
Work on India-UAE leg of $20b trade corridor set to kick off
NEW DELHI : Work on the India-UAE leg of the $20 billion transcontinental India-Middle East Europe Economic Corridor (IMEC), widely viewed as a counter to China’s intercontinental Belt
Govt imposes anti-dumping duties on 3 Chinese products
NEW DELHI : Indian Government imposed anti-dumping duties on three Chinese products including hydraulic rock breakers to protect domestic players from cheap imports. These duties were imposed following