Multi-month container-ship charters continue to be signed at jaw-dropping rates above $100,000 per day. The market is getting even tighter, pushing charter rates and durations higher still. Even
GANDHINAGAR : The International Financial Services Centres Authority (IFSCA)— the unified regulator at GIFT City in Gandhinagar — said that it has constituted a committee of experts to
GENEVA : When you sit at the table eating your breakfast cereals or when you turn on your TV to watch the news, do you ever wonder where
NEW DELHI : A fire broke out on a container ship sailing toward Singapore in the Indian Ocean and one of its crew is missing, Sri Lankan and
GENEVA : Nearly seven months into the job and Søren Toft is getting his views across this week. The CEO of Mediterranean Shipping Co (MSC) gave his first
Mitsui O.S.K. Lines (MOL), Nippon Concept Corporation (NCC) and MOL Logistics have decided to jointly establish MOL Logistics (Tank Containers) (MLGTC) in June. MOL and NCC will strengthen
The first container block train from Finland heading to the Indian port of Nava Sheva has departed from Helsinki, ADY Container told APA-Economics. The transportation of the block train
DUBAI/BERLIN : Iran said on Wednesday the United States had agreed to remove all sanctions on Iran’s oil and shipping, although Germany cautioned that major issues remained at talks
Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight. Widespread port congestion, equipment shortages and a
LONDON : First there were the queues at the twin ports of Los Angeles and Long Beach, which left as many as 40 container vessels awaiting a berth in early