CONCOR Q1 Results : Net profit up 6% at ₹259 crore, company declares dividend
NEW DELHI : Container Corporation of India Ltd (CONCOR) on Thursday (August 8) reported a 5.8% year-on-year (YoY) increase in net profit at ₹259.4 crore for the first
No proposal for PLI scheme for manufacturing of shipping containers: Govt
NEW DELHI : The government on Tuesday said that at present, there is no proposal for a Production Linked Incentive (PLI) scheme for the manufacturing of shipping containers
Containership and port operators face a host of issues as peak season arrives
NEW YORK : The first half of 2024 hasn’t been particularly kind to shippers, global containership operators, and U.S ports. They’ve dealt with rebel attacks on ships transiting
Drewry: World Container Index Down 1% Last Week
LONDON : Drewry’s World Container Index decreased 1% to $5,736 per 40ft container last week. Detailed assessment for Thursday, 01 August 2024
Container transport operators at Nhava Sheva to suspend operations from August 20
MUMBAI : Container transport operators at Nhava Sheva in Maharashtra have announced a voluntary suspension of vehicle operations from August 20, 2024, in response to ongoing issues faced
Ocean container shipping market reaches a tipping point: Xeneta Analysis
OSLO : The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term
Container rates out of India on major trades see sharp gains amid capacity woes
MUMBAI : Container freight rates on trades out of India have seen strong gains in July amid heightened demand linked to early peak season bookings and persistent capacity
Sarbananda Sonowal addresses key concerns on Container Shortages and Port Expansion in Parliament
NEW DELHI : The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, provided a comprehensive update on significant issues impacting the maritime sector in parliament. His
Spike in freight costs to hit exporters : Ind-Ra
MUMBAI : A recent four-fold spike in container freight costs, could hit Indian exporters’ profit margins and enhance their working capital requirements through 2024-25 if there is no respite
Exim operations are hampered by heavy rains, and cargo builds up at Gujarat ports
GANDHIDHAM : The current spate of intense rain in Saurashtra and Kutch has severely impacted the export and import activities at Kandla and Mundra Ports. Due to the