JSW Infrastructure focuses on boosting inland logistics chain : CEO and MD Arun Maheshwari
MUMBAI : JSW Infrastructure is working towards strengthening its logistics infrastructure through a network of inland container depots, container freight stations and rail terminals so that it can tie up with shipping lines and
Shipping industry eyes revamped PLI scheme, green initiatives in upcoming Budget 2024
NEW DELHI : The shipping industry is expecting that the upcoming Union Budget 2024 will greenlight the revised production-linked incentive (PLI) scheme for manufacturing shipping-grade containers. Specific reforms expected include increased funding for port
Maersk announces updated surcharges worldwide
COPENHAGEN : Maersk will implement a Peak Season Surcharge (PSS) for shipments from India, Bangladesh and Sri Lanka to Bahrain for all dry containers starting 28 July 2024. Origin Destination Charge Basis Container Currency
Karan Adani reflects about Adani Ports’ interest in CONCOR
THIRUVANANTHAPURAM : Adani Ports Ltd. will be interested in the state-run Container Corporation of India (CONCOR) but at the right value, Managing Director Karan Adani said in an interaction. Adani spoke on the occasion of
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 Xeneta and Container Trades Statistics. In
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 as a key driver of global
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% year-on-year (YoY) to 11.59 lakh twenty-foot
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 ordered by China’s BAL Container Line