China Ningbo Containerized Freight Index up 8.6 pct in August
The China Ningbo Containerized Freight Index (NCFI), a wind vane of China’s busiest port’s freight rates for the international container shipping market, stood at 3,862.6 points in August, up 8.6 percent compared with the
Israel opens new Chinese-operated container terminal
HAIFA : A new terminal at the Port of Haifa, which will be operated by the Chinese Shanghai International Port Group (SIPG), has officially been opened. The new US$1.7 billion Bay Port at Haifa will
Afghanistan, Chabahar Port and Trade discussed between Indian and Iranian FMs
NEW DELHI : Even as the Taliban gets ready to form a new government on Friday, the situation in Afghanistan and the Chabahar Port Project were the major talking points between India and Iran
A record-breaking 44 Container Vessels are stuck off the Coast of California
CALIFORNIA : Forty-four freight ships are stuck awaiting entry into California’s two largest ports, the highest number recorded since the beginning of the COVID-19 pandemic, the Marine Exchange of Southern California reported on Saturday. The queue is a
From a factory in China to a supplier in Chicago
Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes, waiting for a ride to the U.S. It’s been on the dock for months, trapped
Hamburg recovers from Covid-19 downturn, marking all-time rail record
The Port of Hamburg has achieved an all-time rail container transport record in the first six months of the year, according to the port’s 2021 first-half report, which shows an overall improved performance in
Digital container release with a blockchain option for German Ports
A new platform called “German Ports” will offer digital release for import containers with a blockchain option. German IT providers and port community system specialists DAKOSY AG and dbh Logistics IT AG have announced
Container volume at major Chinese ports up 4.4% in early August
Container volume at eight major Chinese ports returned to grow following a short period decline in late July. In early August, eight major Chinese container posts posted a growth rate of 4.4% for container volume