TT warns container seals are being ignored to the detriment of cargo security
LONDON : Loss due to theft is among the top three causes of claims received on an annual basis by the international freight and logistics insurance specialist, TT
Fire breaks out on MSC container ship in Colombo
COLOMBO : Firefighters of the Sri Lanka Ports Authority (SLPA) Fire Brigade successfully extinguished the fire that broke around 00,30 hours on Sunday in the container vessel MSC Capetown III at
Even Suez Canal restart is No Silver Bullet for Container Shipping Turbulence, warns Lars Jensen
COPENHAGEN : Shippers should anticipate continued volatility in container shipping freight markets through 2025, with even the re-start of operations through the Suez Canal not guaranteeing immediate respite
Drewry: World Container Index Down 3% Last Week
LONDON : Drewry’s World Container Index decreased 3% to $5,551 per 40ft container last week. Drewry’s detailed assessment for Thursday, 08 August 2024 The latest Drewry WCI composite
CONCOR Q1 Results : Net profit up 6% at ₹259 crore, company declares dividend
NEW DELHI : Container Corporation of India Ltd (CONCOR) on Thursday (August 8) reported a 5.8% year-on-year (YoY) increase in net profit at ₹259.4 crore for the first
No proposal for PLI scheme for manufacturing of shipping containers: Govt
NEW DELHI : The government on Tuesday said that at present, there is no proposal for a Production Linked Incentive (PLI) scheme for the manufacturing of shipping containers
Containership and port operators face a host of issues as peak season arrives
NEW YORK : The first half of 2024 hasn’t been particularly kind to shippers, global containership operators, and U.S ports. They’ve dealt with rebel attacks on ships transiting
Drewry: World Container Index Down 1% Last Week
LONDON : Drewry’s World Container Index decreased 1% to $5,736 per 40ft container last week. Detailed assessment for Thursday, 01 August 2024
Container transport operators at Nhava Sheva to suspend operations from August 20
MUMBAI : Container transport operators at Nhava Sheva in Maharashtra have announced a voluntary suspension of vehicle operations from August 20, 2024, in response to ongoing issues faced
Ocean container shipping market reaches a tipping point: Xeneta Analysis
OSLO : The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term