Drewry: World Container Index Down 1% Last Week
LONDON : Drewry’s World Container Index decreased 1% to $5,736 per 40ft container last week. Detailed assessment for Thursday, 01 August 2024
Container transport operators at Nhava Sheva to suspend operations from August 20
MUMBAI : Container transport operators at Nhava Sheva in Maharashtra have announced a voluntary suspension of vehicle operations from August 20, 2024, in response to ongoing issues faced by members including unfair practices at
Ocean container shipping market reaches a tipping point: Xeneta Analysis
OSLO : The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term rates begin to soften. The Xeneta
Container rates out of India on major trades see sharp gains amid capacity woes
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity disruptions, according to a market analysis.
Sarbananda Sonowal addresses key concerns on Container Shortages and Port Expansion in Parliament
NEW DELHI : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, provided a comprehensive update on significant issues impacting the maritime sector in parliament. His detailed responses address concerns related to
Spike in freight costs to hit exporters : Ind-Ra
MUMBAI : A recent four-fold spike in container freight costs, could hit Indian exporters’ profit margins and enhance their working capital requirements through 2024-25 if there is no respite soon, with smaller players likely to
Exim operations are hampered by heavy rains, and cargo builds up at Gujarat ports
GANDHIDHAM : The current spate of intense rain in Saurashtra and Kutch has severely impacted the export and import activities at Kandla and Mundra Ports. Due to the heavy rains over the past seven
Drewry: World Container Index Down 2%
LONDON : Drewry’s World Container Index decreased 2% to $5,806 per 40ft container this week. The composite index decreased 2% this week to $5,806 per 40ft container following a period of continuous increases since