The recent Budget has proposed subsidy support to vessels that register in India.More than 85 percent of the world’s total container production happens in China. Exports are the lifeline of an economy. It fuels
The composite index increased 1.1% this week, however, 213.9% up when compared with same period of 2020. The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,246 per 40ft container,
DUBAI: DP World Limited handled 19.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 4Q2020, with gross container volumes increasing by 7.6% year-on-year on a reported basis and up
Since two years after it has inaugerated Balli ICD awaits customs nod for Exim operation.The Container Corporation of India Limited continues to wait for customs certification to handle import export operations.According to stakeholders most
Container cargo rollovers at the world’s top 20 ports in jumped 75% in December 2020 compared to the previous month as lines struggle with a huge surge in volumes and equipment shortages, according to
The authorities is more likely to search expression of curiosity for strategic divestment of Container Corporation of India by finish of the month, because it pushes ahead with its disinvestment drive within the ongoing
India will now start manufacturing containers that have so far been imported from China. These will be manufactured at around the same cost of about Rs2.59 lakh per container that Chinese suppliers currently offer.
Strong winds and rough seas caused dozens of containers on a Taiwan-based Evergreen Marine Corp. vessel to fall into the ocean off Japan’s Kyushu on Wednesday after the ship departed from Busan for Los