Drewry: World Container Index Down 2% This Week
LONDON : Drewry’s composite World Container Index decreased by 2% to $1,954.64 per 40ft container this week. Our detailed assessment for Thursday, 16 February 2023 The composite index
Nagpur-Bhusawal rail tracks congestion delaying container movements
MUMBAI : The railways is facing an unprecedented congestion on the tracks in the Nagpur-Bhusawal section. This has delayed the movement of export-bound containers and also the inward
Early hints of container demand rebound expectations seen in China
HAMBURG : An increase in port congestion and container pickup charges in China point to a recovery in demand for container transportation. According to date from container logistics
World’s largest container vessel, Ever Ace calls at Felixstowe
The largest container ship, EVER ACE on her maiden voyage, arrived at Felixstowe, Suffolk, UK. The mammoth vessel is 400m long and has the capacity of carrying 23,992 containers, which is
Explained : Why there is a major container shortage, and its impact on international trade
Reduction in the number of shipping vessels operating as a result of the Covid-19 pandemic has led to fewer empty containers being picked up, leaving many containers in
Solution for shipping containers crunch within a week, assures Commerce Secretary Subrahmanyam
NEW DELHI : Commerce Secretary Mr. BVR Subrahmanyam on Thursday assured that the Central Government will come up with a solution to the ongoing shipping container crunch within
Current Logistics situation under COVID-19 in terms of Container Shortage & Survival of NVOCCs
Gone are the days when being a NVOCC or SOC box operator you could buy containers in any region, as per the need of any particular project of
Reefer container freight rates to outgun dry cargo rates in 2022
LONDON : Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch
Container manufacturing yet to catch up with demand
LONDON : When will the container capacity crunch finally ease? For an early indicator, keep an eye on production of the humble 40-foot dry cargo box. If the
The first development of an automatic container seal dispenser
HMM PSA New-port Terminal (HPNT) has developed Korea’s first automatic container seal dispenser. It has succeeded in developing this automatic seal dispenser after a year and a half