Global Ports establishes its own container fleet
LONDON : Global Ports Group aims to create its own container fleet, consisting of 4,000 specialised boxes that will be used to transport, store and handle bulk cargo.
PIL successfully handled intermodal service from India to Ethiopia
SINGAPORE : PIL successfully delivered 10 TEUs or five 40’ HC containers of cargo through its intermodal service of ship and trucks, from India to Ethiopia via Djibouti
CONCOR orders 100 LNG trucks at Blue Energy Commercial Vehicles
NEW DELHI : Container Corporation of India Ltd (CONCOR) has placed an order for 100 liquefied natural gas (LNG) trucks at Pune-based Blue Energy Commercial Vehicles Pvt Ltd
CONCOR flagged off Double-stack Container Train through Dedicated Freight Corridor
NEW DELHI : The much-awaited Double-stack Container Train through Dedicated Freight Corridor was flagged off by Container Corporation of India Ltd. (CONCOR) at ICD Dadri on 20.04.2023 in
Container spot rates on a ‘likely recovery path’: HSBC
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted
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
