49 killed, over 450 injured in Chittagong container depot fire
CHATTOGRAM : At least 49 people have been killed and over 450 injured in a fire caused by an explosion at a private Inland Container Depot (ICD) in
Allcargo Logistics Mundra CFS celebrates 15 years of excellence and growth
MUNDRA : The Container Freight Station (CFS) of Allcargo Logistics Ltd. at AP&SEZ (Mundra) has celebrated 15 years of service to the EXIM trade. To commemorate the glorious
CONCOR is planning to enter into bulk handling
MUMBAI : CONCOR is planning to enter into bulk handling and movement of cement/ fly ash as per industry requirement. In this regard, discussions have been initiated with
Drewry: World Container Index 60.3% higher than last year, down 0.9% on the week
Drewry’s composite World Container Index decreased by 0.9% to $7,874.43 per 40ft container this week. Our detailed assessment for Thursday, 21 April 2022The composite index decreased by 0.9%
World’s largest container vessel, Ever Ace calls at Felixstowe
The largest container ship, EVER ACE on her maiden voyage, arrived at Felixstowe, Suffolk, UK. The mammoth vessel is 400m long and has the capacity of carrying 23,992 containers, which is
Explained : Why there is a major container shortage, and its impact on international trade
Reduction in the number of shipping vessels operating as a result of the Covid-19 pandemic has led to fewer empty containers being picked up, leaving many containers in
Solution for shipping containers crunch within a week, assures Commerce Secretary Subrahmanyam
NEW DELHI : Commerce Secretary Mr. BVR Subrahmanyam on Thursday assured that the Central Government will come up with a solution to the ongoing shipping container crunch within
Current Logistics situation under COVID-19 in terms of Container Shortage & Survival of NVOCCs
Gone are the days when being a NVOCC or SOC box operator you could buy containers in any region, as per the need of any particular project of
Reefer container freight rates to outgun dry cargo rates in 2022
LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch
Container manufacturing yet to catch up with demand
LONDON : When will the container capacity crunch finally ease? For an early indicator, keep an eye on production of the humble 40-foot dry cargo box. If the
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