MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the westbound India-Europe trade, average short-term contract
NEW DELHI : Container Corporation of India (CONCOR) and PSA have signed an MoU on 18th April 2024, to explore collaboration in offering seamless and cost-effective end-to-end logistics service to customers. CONCOR is a
NEW DELHI : Container Corporation of India Ltd. (CONCOR) will be a key beneficiary of the Dedicated Freight Corridor (DFC), which is likely to result in volume growth driven by a modal shift and enhanced operating
SINGAPORE : Enabling customers to streamline their supply chains by offering consolidation and access to a range of multi-modal options of sea, air and/or road transportation amidst ongoing supply chain disruptions. GEODIS, a global
GANDHIDHAM : VS & B Containers Group has been opened a New Branch office at Gandhdham , Gujarat. In a Grand opening all stakeholders and Trade fraternity who’s who were present and graced the
LONDON : The shipping container is a logistics marvel that can affordably move thousands of items from hundreds of different companies all around the globe. If there is a slowdown in shipping-container circulation, there
SHANGHAI : COSCO Shipping has recently announced that its 20,000 TEU containerships will begin regular calls at the Port of La Spezia. The COSCO Shipping Aries is expected to dock at the port of
DAMMAM : In February 2024, King Abdul Aziz Port in Dammam achieved a new record by handling 235,820 TEUs, an increase of 25.41% compared to the previous throughput of 166,956 TEUs in 2023. This
RIYADH : The ports supervised by the Saudi Ports Authority ‘Mawani’ have recorded a growth in the statistics of imported containers by 16.88%, reaching 266,672 TEUs, compared to 193,937 TEUs in 2023. They also
LONDON : “Since 2006, the average container ship has doubled in size to 4,580 TEU and ships with a capacity of more than 12,000 TEU has accounted for 51% of the fleet’s capacity expansion. Today,