SFL secures new 5-year charters for four containerships
HAMILTON,BERMUDA : SFL Corporation Ltd. announced the agreement of new 5-year time charters for four 8,700 TEU container vessels, adding approximately $240 million to the company’s fixed rate
Gujarat Pipavav Port’s total container volume down 17.08% in Q1, dry bulk volumes fall 18%
PIPAVAV : Gujarat Pipavav Port, on Thursday, announced a 17.08% year-on-year (YoY) decline in its container volumes for the first quarter of fiscal 2025 at 1.65 lakh twenty-foot
Shipping delays surge at Singapore Port
SINGAPORE : The number of vessels arriving at the Port of Singapore which was 2,303 last month increased 66 per cent compared to May 2023. Through May, Singapore
90% of container vessels delayed in Singapore amid Red Sea crisis : Chee Hong Tat
SINGAPORE : Singapore’s Transport Minister Chee Hong Tat informed parliament in his recent written response that around 90% of container vessels are arriving off-schedule in Singapore due to
CONCOR commences regular road movement of CTRs in Eco Friendly new 20ft LNG trailers
MUMBAI : MMLP Mihan Nagpur, Container Corporation in India (CONCOR), has commenced regular road movement of CTRS in Eco Friendly Owned & Operated with New 20ft LNG trailers
Hapag-Lloyd CEO sees solid shipping demand driving up freight rates
HAMBURG : Solid container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd Chief Executive Mr. Rolf Habben Jansen said in a call with
Govt can decide of 5-7% stake sale in CONCOR after tepid response to strategic sale plan
NEW DELHI : The government of India is considering selling five to seven percent of the Container Corp of India (CONCOR) after plans for a strategic sale to privatise
Box shipments from Africa, Middle East, India and Pakistan to be collected via Secure Chain in Rotte
ROTTERDAM : Beginning 1 October 2024, container shipments from Africa, the Middle East, India, and Pakistan must utilize the Secure Chain system at the port of Rotterdam. Major
FMC says D&D cases trebled since pandemic, set to reach historical highs
WASHINGTON DC : Detention and demurrage (D&D) cases handled by the Federal Maritime Commission (FMC) in the United States have trebled since the pandemic and are set to
Mundra Port battles congestion amid growing box volumes
MUNDRA : Indian importers and exporters are dealing with considerable cargo delays at Mundra Port, which leads the country’s containerised trade. Local trade sources have raised serious concerns