Saudi Ports log 21.14% growth in March container numbers
RIYADH : The Saudi Ports Authority (Mawani) has revealed that its trade hubs have recorded a 21.14% rise in container volumes last month, handling 693,523 TEUs as opposed
Global Container Market Forecaster – April 2023 : Container xChange
HAMBURG : The supply chain industryis hopeful of a better peak season this year and expects freight demand recovery in the Q2 of 2023, according to the recently
COSCO Shipping Development sees fluctuating box market as sales, leasing revenue down
BEIJING : COSCO Shipping Development (CSD), the holding company for Dong Fang International Container, the world’s second-largest container manufacturer, said that net profit fell 35% year-on-year to US$568.57
China-Russia vs US-EU: How global shipping is slowly splitting in two
NEW YORK : Another meeting between a House speaker and Taiwan’s president, another spike in tensions in the Taiwan Strait. Last summer’s meeting between Taiwan President Tsai Ing-wen
Meratus introduces new SMARCO-Smart Container solution
SURABAYA : Indonesian shipping company Meratus has unveiled a new container solution, called SMARCO-Smart Container, aiming to increase the efficiency and security in box transportation. Meratus said that
Russia-bound Jindal Stainless containers stuck at port of Antwerp
NEW DELHI : Five Russia-bound containers from India’s Jindal Stainless Ltd (JSL) have been stuck at the Belgian Port of Antwerp for around a year, unable to enter the European Union, the company
DP World launches it’s first “Rail Linked Container Freight Station” at Hazira, Gujarat
SURAT : Dubai-based logistics firm DP World on Thursday announced the launch of a new rail-linked container freight station (CFS) at Hazira, in Gujarat. The facility is capable
Bangladesh starts exporting fruits using reefer containers
DHAKA : Bangladesh has started exporting fruits using reefer containers for the first time in the country’s history. Earlier, only potatoes were exported by seaways packed into containers. Usually,
Container movement to fall in 2023 : Mizuho Bank
TOKYO : Mizuho Bank‘s industry research division predicts that demand for maritime container transport will fall in 2023 in a study on current supply and demand trends and
CFS’s businesses hit by Customs order to route all factory sealed export boxes via parking pla
MUMBAI : Some 33 Container Freight Stations (CFS) servicing Jawaharlal Nehru Port, India’s second busiest container gateway, are potentially losing more than 20,000 twenty-foot equivalent units (TEUs) a month