Container ships in Suez Canal decreases
CAIRO : Live traffic of Container Ships through the Suez Canal and reroutings via the Cape of Good Hope shows the split between different vessel segments when it
Hapag-Lloyd to increase GRI/GRA from Middle East & the Indian Subcontinent to North America
HAMBURG : Hapag-Lloyd has announced that a General Rate Increase (GRI)/ General Rate Adjustment (GRA) will be levied for shipments from the Indian Subcontinent and Middle East to
Goods barometer shows moderate trade growth as policy uncertainty looms : WTO
GENEVA : Global goods trade continued to expand at a moderate pace in the fourth quarter of 2024 according to the latest WTO Goods Trade Barometer. However, prospects
Experts convene in Rotterdam to explore Pest-Resistant Container design
ROTTERDAM : Pest-resistant container design took centre stage at a meeting between specialists from the global container shipping industry and biosecurity experts, aiming to address the $423 billion
Global Ship Lease buys high-reefer containerships with 10-year financing committed
NEW YORK : New York-listed Global Ship Lease, a containership owner leasing ships to container shipping companies, has contracted to purchase four high-reefer 9,115-teu containerships with an average
Waiting time in port represents major inefficiency and GHG savings opportunity for international shi
LONDON : A new study by UCL and UMAS, which analysed ship movements between 2018-2022, found that optimising port arrivals to take into account port congestion or waiting
Govt. issues guidelines to formalise operation of empty container depots
NEW DELHI : The Central Govt. has issued guidelines to formalise operation of empty (sea) container yards in the country and establish an efficient operation of Empty Container
India sets sights on entering Global Container Shipping Market
NEW DELHI : India is making its first foray into the international container shipping market by engaging top consultants to conduct research and draft a strategic plan. This
Drewry’s World Container Index remains stable last Week
LONDON : Drewry’s World Container Index remained stable at $3,440 per 40ft container last week. Drewry’s detailed assessment for Thursday, 14 November 2024
ONE Europe unveils advanced flat rack solution for special cargo, strengthening regional freight cap
SINGAPORE : Ocean Network Express (ONE) EAU is experiencing high interest and growing bookings for its new Flat Rack container solution. Launched in 2023, this solution is designed