Global Ports establishes its own container fleet
LONDON : Global Ports Group aims to create its own container fleet, consisting of 4,000 specialised boxes that will be used to transport, store and handle bulk cargo. With this equipment and in partnership
PIL successfully handled intermodal service from India to Ethiopia
SINGAPORE : PIL successfully delivered 10 TEUs or five 40’ HC containers of cargo through its intermodal service of ship and trucks, from India to Ethiopia via Djibouti in East Africa. It was all the
CONCOR orders 100 LNG trucks at Blue Energy Commercial Vehicles
NEW DELHI : Container Corporation of India Ltd (CONCOR) has placed an order for 100 liquefied natural gas (LNG) trucks at Pune-based Blue Energy Commercial Vehicles Pvt Ltd as the state-owned company takes first
CONCOR flagged off Double-stack Container Train through Dedicated Freight Corridor
NEW DELHI : The much-awaited Double-stack Container Train through Dedicated Freight Corridor was flagged off by Container Corporation of India Ltd. (CONCOR) at ICD Dadri on 20.04.2023 in presence of authorities of CONCOR, DFCCIL,
Container spot rates on a ‘likely recovery path’: HSBC
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted with surprise that the Shanghai Containerized
Saudi Ports log 21.14% growth in March container numbers
RIYADH : The Saudi Ports Authority (Mawani) has revealed that its trade hubs have recorded a 21.14% rise in container volumes last month, handling 693,523 TEUs as opposed to 572,475 TEUs during the same
Global Container Market Forecaster – April 2023 : Container xChange
HAMBURG : The supply chain industryis hopeful of a better peak season this year and expects freight demand recovery in the Q2 of 2023, according to the recently published monthly container market forecaster for
COSCO Shipping Development sees fluctuating box market as sales, leasing revenue down
BEIJING : COSCO Shipping Development (CSD), the holding company for Dong Fang International Container, the world’s second-largest container manufacturer, said that net profit fell 35% year-on-year to US$568.57 million in 2022. Container sales fell