ICG along with Indian Navy rescues all 24 crew members as Liberian container Vessel with hazardous cargo sinks off Kerala Coast
KOCHI : A Liberian container vessel MSC ELSA 3 (IMO NO. 9123221) sank off the Kochi coast at around 0750 hrs today on May 25, 2025, due to flooding. All 24 crew members on
Escalating Port Congestion strains Container Shipping Flows : Drewry
LONDON : Port congestion across key Northern European hubs is intensifying, with Bremerhaven particularly affected by labour shortages during the recent holiday period. Compounding the situation, low water levels on the Rhine are limiting
SHIPPING: Asia-US container rates rise; carriers bring back capacity amid tariff pause
LONDON : Asia-US rates for shipping containers rose this week, leading ocean carriers to rush to ramp up capacity to handle an expected surge in bookings. Rates from online freight shipping marketplace and platform
US Port fees on foreign ships to shake up trade flows, freight markets
NEW YORK : The US Trade Representative (USTR) has announced additional port fees on foreign vessels and marine equipment that mainly target Chinese shipping, which are set to alter trade flows and freight market
Prime Minister inaugurates Rising North East Investors Summit 2025
NEW DELHI : The Prime Minister Shri Narendra Modi inaugurated the Rising North East Investors Summit 2025 at Bharat Mandapam, New Delhi on Friday. Extending a warm welcome to all the dignitaries to the
India calls for dismantling of export controls among BRICS members at 15th BRICS Trade Ministers’ Meeting
NEW DELHI : The 15th BRICS Trade Ministers’ Meeting was held on 21st May 2025 under the Presidency of Brazil, with the theme, “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.” India used the
XENETA Weekly Ocean Container Shipping Market Update – 23.5.25
OSLO : “Fear and uncertainty is a powerful force in global supply chains and we are seeing this clearly as shippers fight to get their goods moving after the temporary lowering of US-China tariffs
How high will Ocean Freight Rates go after Us and China Lower Tariffs for 90 Days? : XENETA
OSLO : 10 days ago on 11 May, businesses were caught in a tariff limbo amid dramatic decreases in container shipping demand on the major trade from China to the US. The fact there
