NITI Aayog plans to boost Rail Container Freight Movement
NEW DELHI : NITI Aayog, India’s top policy think tank, has announced a bold plan to shift more freight from roads to railways, focusing on container cargo. The goal is to make India’s freight
Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week
LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index increased 10% to $2,508 per 40ft container this week. Drewry’s detailed assessment
ICG along with Indian Navy rescues all 24 crew members as Liberian container Vessel with hazardous cargo sinks off Kerala Coast
KOCHI : A Liberian container vessel MSC ELSA 3 (IMO NO. 9123221) sank off the Kochi coast at around 0750 hrs today on May 25, 2025, due to flooding. All 24 crew members on
Escalating Port Congestion strains Container Shipping Flows : Drewry
LONDON : Port congestion across key Northern European hubs is intensifying, with Bremerhaven particularly affected by labour shortages during the recent holiday period. Compounding the situation, low water levels on the Rhine are limiting
SHIPPING: Asia-US container rates rise; carriers bring back capacity amid tariff pause
LONDON : Asia-US rates for shipping containers rose this week, leading ocean carriers to rush to ramp up capacity to handle an expected surge in bookings. Rates from online freight shipping marketplace and platform
US Port fees on foreign ships to shake up trade flows, freight markets
NEW YORK : The US Trade Representative (USTR) has announced additional port fees on foreign vessels and marine equipment that mainly target Chinese shipping, which are set to alter trade flows and freight market
XENETA Weekly Ocean Container Shipping Market Update – 23.5.25
OSLO : “Fear and uncertainty is a powerful force in global supply chains and we are seeing this clearly as shippers fight to get their goods moving after the temporary lowering of US-China tariffs
How high will Ocean Freight Rates go after Us and China Lower Tariffs for 90 Days? : XENETA
OSLO : 10 days ago on 11 May, businesses were caught in a tariff limbo amid dramatic decreases in container shipping demand on the major trade from China to the US. The fact there