SINGAPORE : Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in container prices in China in May, while prices in the
NEW DELHI : Container Corporation of India (CONCOR), the country’s largest container freight operator, is looking to raise its overall cargo volumes by 18-20 percent on year in 2024-25, and plans to spend Rs
NEW DELHI : Container Corporation of India are pleased to announce that due to the unwavering patronage of their customers and support by stakeholders, CONCOR has been awarded as the “Fastest Growing Navratna of
NEW DELHI : Container Corporation of India Ltd. (CONCOR) and Shipping Corporation of India Ltd. (SCI) signed an MoU on June 3, 2024, here to explore business opportunities for leveraging each other’s infrastructure and
LONDON : The World Shipping Council welcomes new regulations from the International Maritime Organization (IMO) on reporting containers lost at sea. Under recently adopted amendments to the International Convention for the Safety of Life
ABU DHABI : Etihad Rail has signed a Memorandum of Understanding (MoU) with the subsidiary of Chinese shipping line Cosco that operates a container terminal at the Port of Khalifa in Abu Dhabi. Cosco
ATHENS : Container shipping rates are on the rise once more. In its latest weekly report, shipbroker Xclusiv said that “container shipping rates are soaring, nearing record highs from the pandemic era as the
LONDON : Drewry’s World Container Index increased 4% to $4,226 per 40ft container last week. Ocean spot market freight rates against 790 global port pairs
CALIFORNIA : Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates, according to prices circulating between carriers and
SINGAPORE : The world’s second busiest container port at Singapore has seen a major spike in congestion, forcing carriers to stretch charter agreements and to build container fleets in preparation for an elongated peak