CONCOR announces Sanjay Swarup as new CMD
NEW DELHI : Shri Sanjay Swarup appointed as the new Chairman and Managing Director of Container Corporation of India (CONCOR). This announcement follows the recent Annual General Meeting
Chinese ports exceed 200 million TEUs in 2023 so far, Shanghai and Ningbo remain on top
BEIJING : Container volume at China ports rose by 4.8% in the January-August period, compared to the same months last year. The container throughput of Chinese ports was
India’s Cabotage Law Reform: A Game-Changer for Container Logistics
HAMBURG : In a groundbreaking and expansive move, India’s decision to relax its Cabotage Law has created significant waves in the nation’s container logistics industry, promising to usher
Construction starts on COSCO’s 2nd 700 TEU electric containership
SHANGHAI : Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) has started the construction of the second 700 TEU electric containership for COSCO Shipping. As informed, the construction ceremony
Govt unlikely to invite EoIs for CONCOR before July as internal processes still pending
NEW DELHI : The Centre is unlikely to invite Expression of Interest (EoIs) in Container Corporation of India (CONCOR) until the next quarter, multiple sources aware of the
Evergreen’s new terminal in Kaohsiung to boost container volumes
KAOHSIUNG : Taiwan International Ports Corporation (TIPC) Chairman Lee Hsien-yi stated on 5 May that the newly built No. 7 terminal in Taiwan’s Kaohisung port is the country’s
ZIΜ invests in refrigerated container fleet
HAIFA : ZIM has made an order of 1,000 Star Cool reefers with Sekstant door sensors and a similar volume for retrofitting to its existing Star Cool reefers.
Drewry: World Container Index Up 1% last week, But 77% down on last year
LONDON : Drewry’s composite World Container Index increased by 1% to $1,763.28 per 40ft container this week.
Container shipping under pressure globally due to high interest rates : S&P Global Commodity In
SINGAPORE : Container shipping, globally, will be “under pressure” because of high interest rates and inflationary pressures across developed economies; which in turn brings in “recessionary traits”, says
Samsara Shipping awarded as the “2nd Best Shipping Agent” for the year 2022-23 by Paradip Port A
PARADIP : Samsara Group are delighted to share that Samsara Shipping Pvt. Ltd. has been awarded as the “2nd Best Shipping Agent” for the year 2022-23 by Paradip