High shipping rates due to demand/supply disruption in container business: Gujarat Pipavav Port
PIPAVAV : Gujarat Pipavav reported its earnings for the June-ended quarter. Jakob Friis Sorensen, MD, Gujarat Pipavav Port discussed the earnings fineprint and outlook. The container business is looking good but he believes there
Ningbo, liners ready to skip the port
ZHENJIANG : The temporary suspension of operations at Ningbo Meidong container terminal due to Covid has already put the major shipping companies on alert. They are already trying to protect themselves from the possible
IFC to make $30 mn debt investment in Kandla International Container
GANDHIDHAM : Kandla International Container Terminal Private Limited (KICT), which is a part of the J.M. Baxi Group and is 100% held by International Cargo Terminals & Infrastructure Pvt Ltd (ICTIPL), is all set
Ningbo terminal closure and what if Covid hits more Chinese ports
The news that Ningbo Meidong Container Terminal had suspended operations on Wednesday over a single Covid case raises wider fears for the supply chain as the Delta variant outbreak in China continues to spread.
Massive China Port shutdown raises fears of closures worldwide
NINGBO : A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping
South Carolina Ports handles record containers in July
South Carolina (SC) Ports has begun its fiscal year 2022 with the busiest July in container volumes at the Port of Charleston. Particularly, SC Ports handled a record of 244,821TEU in July at the
The world’s largest port, Ningbo, starts to turn ships away as a worker tests positive for Covid-19…
ZHEJIANG : Operations at a terminal of the world’s largest port were suspended today following a single case of Covid-19 being detected on a 34-year-old worker. Ningbo-Zhoushan Port has started to turn ships away
Acquiring Concor will be a breeze, says Adani Ports CEO Karan Adani
MUMBAI : Acquiring Container Corporation of India Ltd (Concor) from the government will be a breeze for Adani Ports and Special Economic Zone Ltd (APSEZ), Chief Executive Officer Karan Adani has said, noting that