After long ship recycling market starts heating up
After a long “hiatus” period, things are starting to heat up in the ship recycling market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “increased
Container carrier owners threaten indefinite strike from February 4
KOCHI : The All India Container Carriers Owners’ Association, representing more than a thousand container carriers, that mostly serve the Vallarpadam Container Transshipment Terminal, has said that the
India Outlook 2022: Freight rates, box prices continue to rise
MUMBAI : Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and contract rates
Container rollovers set to continue after December rise
The supply chain visibility company forecast a stabilization of container markets in 2022, albeit with continued high demand, and the caveat that the omicron and other variants of
Unifeeder starts using carbon neutral towage services to boost decarbonization
After a successful industry-first pilot project, leading towage operator Svitzer launches carbon neutral towage services, enabling Unifeeder to fast-track ambitious sustainability agenda. LONDON : Svitzer, leading global towage
Container prices rise 10-15% in India as Omicron hits operations at major global ports
MUMBAI : Container prices at major Indian ports jumped 10-15 percent in January from a month ago as the spread of the Omicron variant of the coronavirus disrupted
India is exploring a plan to run ships fully on clean energy
NEW DELHI : Centre is exploring a unique plan to run ships 100% on green energy that may involve a hybrid energy model comprising of a mix of
Maersk India records 43% growth in the exports rail movement of containerised cargo in 2021
MUMBAI : The global logistics ecosystem has been disrupted from the beginning of the COVID-19 pandemic. The restrictions brought about by the pandemic affected manufacturing as well as the
Container turnaround time in Asia accelerate
Containers spent an average of five days at depots in China in 2021 compared to 61 days in 2020 Containers are spending more than 50 days in depots in the
V.Group China awarded Manning Licence from the People’s Republic of China
GLOBAL Ship management leader V.Group has been awarded an International Manning License allowing it to operate a fully owned crewing agency in China. The license, awarded to very
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