Global demand for Ocean Container Shipping hits all-time high
OSLO : Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, according to data released by
Emerging markets power 2024 container trade : Clarksons Report
LONDON : Trade from the Far East to a bloc of developing economies, especially South America, Africa and the Middle East/Indian Subcontinent, has risen dramatically and has emerged
CONCOR Q1 total volumes rise 6% on strong domestic growth
NEW DELHI : State-owned Container Corporation of India Ltd (CONCOR) on Monday (July 8) reported updates for the first quarter of FY25, with total volumes rising by 6%
MSC acquires ships from China, netting $48.5 million profit for BAL!
GENEVA : Mediterranean Shipping Company (MSC) has secured two 14,000 TEU container ships under construction at Jiangnan Shipyard for a total of $333 million. These vessels were originally
SFL secures new 5-year charters for four containerships
HAMILTON,BERMUDA : SFL Corporation Ltd. announced the agreement of new 5-year time charters for four 8,700 TEU container vessels, adding approximately $240 million to the company’s fixed rate
Gujarat Pipavav Port’s total container volume down 17.08% in Q1, dry bulk volumes fall 18%
PIPAVAV : Gujarat Pipavav Port, on Thursday, announced a 17.08% year-on-year (YoY) decline in its container volumes for the first quarter of fiscal 2025 at 1.65 lakh twenty-foot
Shipping delays surge at Singapore Port
SINGAPORE : The number of vessels arriving at the Port of Singapore which was 2,303 last month increased 66 per cent compared to May 2023. Through May, Singapore
90% of container vessels delayed in Singapore amid Red Sea crisis : Chee Hong Tat
SINGAPORE : Singapore’s Transport Minister Chee Hong Tat informed parliament in his recent written response that around 90% of container vessels are arriving off-schedule in Singapore due to
CONCOR commences regular road movement of CTRs in Eco Friendly new 20ft LNG trailers
MUMBAI : MMLP Mihan Nagpur, Container Corporation in India (CONCOR), has commenced regular road movement of CTRS in Eco Friendly Owned & Operated with New 20ft LNG trailers
Hapag-Lloyd CEO sees solid shipping demand driving up freight rates
HAMBURG : Solid container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd Chief Executive Mr. Rolf Habben Jansen said in a call with