DHL anticipates chaotic start of 2025 for container shipping
NEW JERSEY : DHL Global Forwarding said that stronger than expected demand container shipping is being seen in the final months of 2024. In its Ocean Freight Market Outlook December 2024, the company noted
Gujarat’s Rising Role as India’s Container Manufacturing Hub and Sister-State Ties with New Jersey
BHAVNAGAR / GANDHINAGAR : Union Minister Shri Mansukh Mandaviya on Sunday inaugurated a series of projects totaling Rs 149 crore in Gujarat’s Bhavnagar district. The announcement highlighted both state and Central government efforts to
CONCOR CMD visits Braithwaite & Co. Ltd to bolster collaboration in logistics and manufacturing
NEW DELHI : In a significant step towards enhancing India’s logistics and manufacturing capabilities, the Chairman and Managing Director (CMD) of Container Corporation of India Limited (CONCOR) Sanjay Swarup, visited Braithwaite & Co. Limited
Container ships in Suez Canal decreases
CAIRO : Live traffic of Container Ships through the Suez Canal and reroutings via the Cape of Good Hope shows the split between different vessel segments when it comes to the impact of the
Hapag-Lloyd to increase GRI/GRA from Middle East & the Indian Subcontinent to North America
HAMBURG : Hapag-Lloyd has announced that a General Rate Increase (GRI)/ General Rate Adjustment (GRA) will be levied for shipments from the Indian Subcontinent and Middle East to North America. This rate increase will
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
Experts convene in Rotterdam to explore Pest-Resistant Container design
ROTTERDAM : Pest-resistant container design took centre stage at a meeting between specialists from the global container shipping industry and biosecurity experts, aiming to address the $423 billion global challenge posed by invasive pests
Global Ship Lease buys high-reefer containerships with 10-year financing committed
NEW YORK : New York-listed Global Ship Lease, a containership owner leasing ships to container shipping companies, has contracted to purchase four high-reefer 9,115-teu containerships with an average age of 8.5 years for an