May 26, 2026
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Container spot rate growth set to rise further and ocean container shipping market will remain extremely challenging

June 15, 2024 International Shipping, Container, Export - Import, Logistics, Trade, Trending News
OSLO : Ocean freight container shipping spot rates are set to increase further, but growth may be slowing, according to ocean freight rate benchmarking firm Xeneta. Xeneta data indicates average spot rates from the

GAC to acquire Quadrant Pacific’s ship agency business

June 15, 2024 Logistics, International Shipping, Trade, Trending News
TAURANGA (NEW ZEALAND) : GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market, has entered into an agreement with Quadrant Pacific to acquire its agency business, formerly its

Singapore Port container logjam worsens as ships avoid Red Sea

June 14, 2024 Container, Export - Import, Foreign Ports, International Shipping, Logistics, Shipping Line, Supply Chain, Trade, Trending News
SINGAPORE : Singapore’s port, already one of the busiest in the world, is facing a sustained period of congestion as vessel diversions to avoid the Red Sea push more container ships to the Asian

Leverage GIFT City for Shipping

June 14, 2024 Logistics, Ship Building, Shipchartering, Shipping, Shipping Line, Trade, Trending News
GANDHINAGAR : Considering India’s burgeoning import of transport services, which touched a whopping $109 billion in 2022, there is a proposal to form a new shipping company having a fleet of 1,000 vessels. It

Kuehne+Nagel establishes highly automated logistics solution for Wacker Neuson

June 14, 2024 Logistics, Trade, Trending News
BREMEN : The logistics service provider Kuehne+Nagel has opened a new contract logistics centre in Rhineland-Palatinate. With around 55,000 square metres of logistics space, the company ensures the worldwide supply of spare parts for

Hydrogen fuel, Vision 2047, more ropeways : Longest serving Road Minister Nitin Gadkari’s priorities this time

June 13, 2024 Fuel, Infrastructure, Logistics, Transport, Trending News
NEW DELHI : Entering the third term in office on Wednesday, Union Minister of Road Transport and Highways Shri Nitin Gadkari will be focusing on hydrogen fuel, cashless treatment for accident victims, more ropeway

J M Baxi Ports & Logistics announces Capt. Alpesh Abhay Sharma as COO-Container Business

June 13, 2024 Container, Company, Logistics, Ports, Trade, Trending News
MUMBAI : J M Baxi Ports & Logistics is pleased to announce the appointment of Capt. Alpesh Abhay Sharma as the Chief Operating Officer (COO) – Container Business. Capt. Alpesh Sharma joins J M

DEE Development Services expects New Gujarat Facility to lower logistic costs

June 13, 2024 Logistics, Business, Ports, Trade, Trending News
KUTCH : DEE Development Services Ltd., which is set to open its public offering next Wednesday, will see its logistic costs ease as its New Gujarat Facility, which is near the port, commences operations,

Qupital Welcomes HSBC and Citi as Senior Investors of Securitization Facility

June 13, 2024 Logistics, COMMERCE, Finance, Global Trade, International Shipping, Trending News
HONG KONG : Qupital, Asia’s leading data-driven fintech platform specializing in supply chain financing solutions for e-commerce businesses, is pleased to announce the successful refinancing of its securitization facility, where HSBC joins Citigroup as

FFFAI joins Gujarat Maritime Cluster at a meeting in GIFT City

June 12, 2024 Logistics, Finance, Global Trade, Maritime, Trending News
AHMEDABAD : The Federation of Freight Forwarders’ Associations in India (FFFAI), under the leadership of Chairman Mr. Dushyant Mulani, organized a delegation visit for its members to the Gujarat International Finance Tec-City (GIFT City)
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