Baltimore bridge: Alternative route to open for shipping
BALTIMORE : A temporary route for ships has opened near the collapsed Baltimore bridge, as part of what officials call an “enormous” recovery effort. Six people died after the Dali cargo ship struck the
Port of Hong Kong faces severe connectivity loss
HONG KONG : Recent service networks released by the container shipping alliances reveal a noticeable trend that majority shipping lines are rapidly scaling back their presence in Hong Kong along East-West shipping routes. Gemini’s
DP World starts new rail freight service linking Ahmedabad to Mundra
AHMEDABAD : DP World announced on Tuesday the launch of a new rail freight service connecting Sachana, Ahmedabad Inland Container Depot (ICD) to Mundra. DP World stated that the new service will operate every Tuesday and Friday, with
India was working on alternative logistic corridors linking India with the Pacific and Atlantic Ocea…
AHMEDABAD : Union Minister of External Affairs (MEA) Shri S Jaishankar while addressing businessmen and traders at Ahmedabad on Tuesday, said “India was working on alternative logistic corridors that will link the Pacific with
Silke Lehmköster to become Managing Director Fleet at Hapag-Lloyd
HAMBURG : Effective 1 April 2024, Silke Lehmköster has taken over the role of Managing Director Fleet at Hapag-Lloyd, with responsibility for Fleet Management, Fleet Innovation & Technology and Chartering as well as the
Red Sea crisis end to reignite container shipping challenges
LONDON : Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption comes to an end. Boxship fleet growth is estimated at 9% this year, outpacing
Red Sea attacks to impact ship sailing speed: BIMCO
LONDON : BALTIC and International Maritime Council’s (BIMCO) latest report on the container shipping market highlights significant trends amid ongoing challenges due to the Red Sea attacks. Ship supply is set to grow by
Paradip Port becomes numero uno among Indian Major Ports in cargo throughput in FY 2023-24
PARADIP : Paradip Port Authority (PPA)’s remarkable journey has reached new heights with the recent record-breaking achievement of clocking incredible 145.38 MMT cargo throughput in FY 2023-24 and thus-by nudged passed Deendayal Port, Kandla