August 12, 2024
May 30, 2026
August 12, 2024
Drewry: World Container Index Down 3% Last Week
LONDON : Drewry’s World Container Index decreased 3% to $5,551 per 40ft container last week. Drewry’s detailed assessment for Thursday, 08 August 2024 The latest Drewry WCI composite index of $5,551 per 40ft container
August 12, 2024
Baltic index set for first weekly gain in four on strong capesize demand
LONDON : The Baltic Exchange’s main sea freight index marked its first weekly gain in four on Friday, helped by higher rates for capesize vessel segments. The overall index, which factors in rates for
August 10, 2024
MSC enhances Asia-Middle East trade network
GENEVA : MSC has launched a new standalone service, Clanga, reinforcing its ongoing commitment to providing an extensive network of direct port pair connectivity to address the challenges of port congestion in the Middle
August 9, 2024
MSC achieves record market share in Container Shipping
GENEVA : MSC has reached an unprecedented market share of 19.8%, the highest ever recorded by a carrier, according to Alphaliner. The Geneva-based carrier has added about 400,000 TEU to its fleet this year,
August 8, 2024
Launch of FEDERALBOXX in India : The World’s First Unified Digital Networking Shipping Platform
NEW DELHI : FEDERALBOXX announce the launch of their services in India. FEDERALBOXX is the world’s first unified digital networking shipping platform. This revolutionary platform is set to transform the global shipping industry by
August 8, 2024
Maersk continues with fleet renewal plan
COPENHAGEN : In continuation of its fleet renewal programme initiated in 2021, A.P. Moller – Maersk is in the process of signing newbuilding orders and time-charter contracts for dual-fuel vessels matching the planned renewal
August 7, 2024
No proposal for PLI scheme for manufacturing of shipping containers: Govt
NEW DELHI : The government on Tuesday said that at present, there is no proposal for a Production Linked Incentive (PLI) scheme for the manufacturing of shipping containers in the country. Minister of State
August 6, 2024
CMA CGM applies PCS in Gambia
MARSEILLE : French container carrier CMA CGM has announced a Port Congestion Surcharge (PCS) due to the current congestion in Banjul, Gambia. The surcharge will take effect on 15 August 2024 and 1 September
August 6, 2024