High freight rates strain global supply chains, threaten vulnerable economies : UNCTAD
GENEVA : Global shipping costs surged in the first half of 2024, driven by unprecedented disruptions in major maritime routes and rising operational costs. The strain on supply chains and economies is intensifying, with
Drewry: World Container Index Down 4%
LONDON : Drewry’s World Container Index decreased 4% to $3,095 per 40ft container this week. Our detailed assessment for Thursday, 24 October 2024
JNPA implemented SoPs for streamlining operations at empty container yards; Shipping lines to make payment for the empty container yards
MUMBAI : Jawaharlal Nehru Port Authority – India’s Best Performing Port, has taken proactive measures to address the concerns regarding the Empty Containers Yard by implementing Standard Operating Procedures for streamlining operations at the
Drewry: World Container Index down by 4% last week
LONDON : Drewry’s World Container Index decreased 4% to $3,216 per 40ft container last week.
Middle East crisis : Amid supply chain stress, India looks to augment shipping fleet, container manufacturing
DUBAI : The World Bank’s trade watch report, released earlier this week, stated that global supply chain stress remained elevated through September 2024, amid disruptions in West Asia, the Mediterranean, and Asia, as shipping
SeaCube Container Leasing adds to its Board of Directors
WOODCLIFF LAKE : SeaCube Container Leasing, a global leader in intermodal equipment leasing solutions and one of the largest purchasers of refrigerated containers in the world, is pleased to announce the immediate addition of
U.S. East Coast Dockworkers’ Strike – Key Insights for Container Traders and Leasing Companies
NEW YORK : At 12:01 a.m. on October 01, 2024, the International Longshoremen’s Association (ILA) initiated a strike that has led to the closure of U.S. East Coast and Gulf Coast ports, disrupting the
CINS published Crucial Advice on Safe Transport of Charcoal
LONDON : The Cargo Incident Notification System (CINS), a safety initiative representing container shipping lines and maritime insurance interests has launched its latest advisory publication, ‘Guidelines for the Safe Carriage of Charcoal in Containers’.