Hapag Lloyd expects three tough years for shipping industry
BERLIN : The head of German shipping firm Hapag Lloyd, Mr. Rolf Habben Jansen, expects the next three years to be difficult because demand for shipping services is growing more slowly than available shipping
CONCOR gains on 26.13% growth in Q2 domestic volumes
NEW DELHI : The Container Corporation of India (CONCOR) announced a 26.13 percent year-on-year growth in domestic volumes in the September quarter current financial year. According to a regulatory filing, the Container Corporation of India reported a
Iran launches 1st refrigerated container ship to export Horticultural Products overseas
TEHRAN : The refrigerated container ship was launched in Iran for the first time to export horticultural products to other countries, the CEO of Caspian Sea Shipping Company said. The refrigerated container ship is
CONCOR announces Sanjay Swarup as new CMD
NEW DELHI : Shri Sanjay Swarup appointed as the new Chairman and Managing Director of Container Corporation of India (CONCOR). This announcement follows the recent Annual General Meeting (AGM) held on September 26, 2023.
Chinese ports exceed 200 million TEUs in 2023 so far, Shanghai and Ningbo remain on top
BEIJING : Container volume at China ports rose by 4.8% in the January-August period, compared to the same months last year. The container throughput of Chinese ports was 203.7 million TEUs, while for the
India’s Cabotage Law Reform: A Game-Changer for Container Logistics
HAMBURG : In a groundbreaking and expansive move, India’s decision to relax its Cabotage Law has created significant waves in the nation’s container logistics industry, promising to usher in a fresh era of competition,
Construction starts on COSCO’s 2nd 700 TEU electric containership
SHANGHAI : Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) has started the construction of the second 700 TEU electric containership for COSCO Shipping. As informed, the construction ceremony took place on 8 May in
Govt unlikely to invite EoIs for CONCOR before July as internal processes still pending
NEW DELHI : The Centre is unlikely to invite Expression of Interest (EoIs) in Container Corporation of India (CONCOR) until the next quarter, multiple sources aware of the matter told. A senior government official