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Asia-US container rates mostly higher on Iran war stalemate; tanker rates edge lower

HOUSTON: Rates for shipping containers from east Asia and China to the US rose again this week and are now up by about $1,000/FEU...

West Asia Crisis surged Container Freight Rates nearly Tenfold

NEW DELHI: Escalating geopolitical tensions in West Asia have significantly disrupted maritime trade flows, resulting in a steep increase in freight charges for cargo...

ABB introduces new solution to automate quay crane waterside operations and improve container terminal efficiency

VASTERAS (SWEDEN): ABB introduces Waterside Automation solution which enables quay cranes to perform a larger share of container handling operations automatically. By automating operations...

The Impact of the Closure of the Strait of Hormuz on P&I Clubs and the Shipping Industry

TALKING POINTS: The Impact of Strait of Hormuz closure on P&I Clubs and Operations

Carriers repositioning equipment back to China, depots in Europe remain congested; Sogese Report

LIVORNO (ITALY): The global container market is entering a new phase of rebalancing, with equipment flows beginning to reverse direction as carriers accelerate repositioning...

CONCOR flags off first LNG-powered container trailer, advancing green logistics

NEW DELHI : In a landmark step towards sustainable logistics, the Container Corporation of India Ltd. (CONCOR) inaugurated the movement of its first LNG-powered...

PESB recommends Ajit Kumar Panda as CMD of Container Corporation of India

NEW DELHI: Shri Ajit Kumar Panda has been recommended by the Public Enterprises Selection Board (PESB) for appointment as Chairman and Managing Director (CMD)...

Xeneta Weekly Ocean Container Shipping Market Update: Spot Rates are easing

OSLO: The ocean freight market is sending very different signals depending where you look across global supply chains. Spot rates on European trades are...

Xeneta Weekly Ocean Container Shipping Market: Rates Up 30% Over the Past Month

OSLO: Xeneta analyst insight Peter Sand, Xeneta Chief Analyst: “Five weeks into the Strait of Hormuz closure and spot rates on every major East-West trade...
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