Lack of competition in container shipping – A true picture
SINGAPORE : Current measures of competitiveness in the global liner shipping market are incomplete and therefore inaccurate and fail to take full account of the degree of co-operation
Drewry : Why are LNG shipping stocks resilient ?
LONDON : LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caused by the Russia-Ukraine conflict. Drewry’s
Freight rates drop for Indian shippers, but fresh hikes loom amid schedule disruptions
MUMBAI : Average container freight rates for trades out of India have significantly tapered off this month, versus the levels maintained by major carriers in May, according to
Directorate General of Shipping & Indian Navy signs MoU for transition of Indian Navy Personnel
NEW DELHI : The Directorate General of Shipping under Ministry of Ports Shipping and Waterways has issued DGS Order No 17 dated 20th June 2022 detailing 16 transition schemes
Smart container fleet to expand 8-fold over the next 5 years
The global telematics enabled container equipment fleet is forecast to grow 8-fold over the next 5 years and account for 25% of global box inventories by 2026, driven
‘Adopt a Ship Programme’ – MSC’s CSR initiative in India
GENEVA : An ‘Adopt a Ship Programme’ has been initiated as a Corporate Social Responsibility (CSR) by world’s leading and Geneva-headquartered shipping company that employs a substantial number
Containers lost at sea increased 400% in 2020 – 2021
LONDON : There was a four-fold increase in the number of containers lost overboard during the 2020 – 2021 compared to the previous two-year. According to figures from
New container service launches between Russia and India
MOSCOW : MODUL, a Russian transport and forwarding company, has launched a new container service linking the Big Port of St. Petersburg in Russia and the largest port of
ESG is always work in progress
By Ramesh S Ramakrishnan Though the shipping industry is considered one of the lowest emitting means of transportation, it is a fact that our sector accounts for 2-3%
Xeneta customers say: Lifting of Shanghai Lockdowns will increase Freight Rates
With volatile freight rates at elevated levels and unstable supply chains, the shipping industry will continue to witness skyrocketing spend and budgeting challenges. To make sense of the
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