FFFAI Recognised with “Eurasian Transportation Excellence Award” at the 33rd CCTT Plenary Meet
LONAVALA : The Federation of Freight Forwarders’ Associations in India (FFFAI) has been awarded the prestigious “Eurasian Transportation Excellence Award” at the 33rd Plenary Meeting of the International Coordinating Council on Trans-Eurasian Transportation (CCTT)
Goods barometer shows moderate trade growth as policy uncertainty looms : WTO
GENEVA : Global goods trade continued to expand at a moderate pace in the fourth quarter of 2024 according to the latest WTO Goods Trade Barometer. However, prospects for trade in 2025 are uncertain
Indian Ports see Jan-July bunker, STS calls up 64% on year, monsoon hits July demand: S&P Global Commodity Insights
BENGALURU : Bunkering activity in India has experienced significant growth during the first seven months of 2024, with the total number of bunkering and ship-to-ship (STS) calls to Indian ports increasing by 64% year
Container xChange Customer Advisory-Essential measures for minimizing disruption amid Ningbo Port closure
BRISBANE : Container xChange, an online container trading and leasing marketplace, is alerting the global container trading and leasing community to the serious repercussions of the recent explosion aboard the Yang Ming vessel YM
Charter owners’ share of fleet has fallen to 40%, lowest since 2002 : BIMCO
LONDON : The charter owners’ container fleet has grown at an average annual rate of 3.2% for the past twelve years and currently stands at 11.7m TEU. The operator owners’ fleet has however grown
Freight rate fall on trades out of India continues as exporters bet on new fiscal year
MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the westbound India-Europe trade, average short-term contract
Stormy weather disrupts Middle East supply chains network
DUBAI : Unusual weather across the Persian Gulf region have sparked serious concerns for ocean and air freight stakeholders, dealing another blow to supply chains already caught up in worsening geopolitical setbacks after the
Red Sea shipping diversions are boosting airfreight volumes and rates
OSLO : Retailers and manufacturers are flying more goods around the shipping crisis in the Red Sea, industry experts say, helping boost international airfreight operators after a long period of sagging cargo volumes. The
