Drewry: World Container Index Down 2%
LONDON : Drewry’s World Container Index decreased 2% to $5,806 per 40ft container this week. The composite index decreased 2% this week to $5,806 per 40ft container following
Containerization & Intermodal Institute elects PMSA’s Michele Grubbs to Board of Directors
MIDDLETOWN : Ms. Michele Grubbs, Vice President at the Pacific Merchant Shipping Association (PMSA), has been elected to the Board of Directors of the Containerization & Intermodal Institute
BIFA and TT Club deliver advice on maritime container safety
LONDON : The British International Freight Association (BIFA) used the latest episode in its 2024 webinar series to deliver some key advice on the subject of safety in
JSW Infrastructure focuses on boosting inland logistics chain : CEO and MD Arun Maheshwari
MUMBAI : JSW Infrastructure is working towards strengthening its logistics infrastructure through a network of inland container depots, container freight stations and rail terminals so that it can
Shipping industry eyes revamped PLI scheme, green initiatives in upcoming Budget 2024
NEW DELHI : The shipping industry is expecting that the upcoming Union Budget 2024 will greenlight the revised production-linked incentive (PLI) scheme for manufacturing shipping-grade containers. Specific reforms
Maersk announces updated surcharges worldwide
COPENHAGEN : Maersk will implement a Peak Season Surcharge (PSS) for shipments from India, Bangladesh and Sri Lanka to Bahrain for all dry containers starting 28 July 2024.
Karan Adani reflects about Adani Ports’ interest in CONCOR
THIRUVANANTHAPURAM : Adani Ports Ltd. will be interested in the state-run Container Corporation of India (CONCOR) but at the right value, Managing Director Karan Adani said in an interaction.
Global demand for Ocean Container Shipping hits all-time high
OSLO : Global demand for ocean freight container shipping hit an all-time record in May amid soaring spot rates and severe port congestion, according to data released by
Emerging markets power 2024 container trade : Clarksons Report
LONDON : Trade from the Far East to a bloc of developing economies, especially South America, Africa and the Middle East/Indian Subcontinent, has risen dramatically and has emerged
CONCOR Q1 total volumes rise 6% on strong domestic growth
NEW DELHI : State-owned Container Corporation of India Ltd (CONCOR) on Monday (July 8) reported updates for the first quarter of FY25, with total volumes rising by 6%