Container shipping has been facing a lot of delays and disruptions ever since the pandemic struck, paralysing the sector with exorbitant freight rates. Swedish home furnishing retail giant
NEW DELHI : Prime Minister Shri Narendra Modi on Sunday recalled the contribution of V O Chidambaram Pillai to the freedom movement and making India self-reliant by setting
PIRAEUS : The shipping industry is currently witnessing an exceptional boom in the container trade, and due to the increasing demand, some freight forwarders and other parties are
KANNUR : Azhikode MLA K.V. Sumesh has said that a customs clearance office will soon be set up at Azhikkal port in Kannur district of Kerala to enable
LONDON : It has been immensely challenging year for the ports and terminals industry so far. Supply chain disruptions have put a spotlight on the importance of digital
Importers and exporters are facing a rapidly disintegrating container shipping market as deployed capacity fails to keep pace with returning consumer and business demand and shipping rates escalate
MERSEILLES : CMA CGM has posted an astonishing 2,500% increase in its net profit, to $3.5bn, for the second quarter, compared with the same period of last year.
TAIWAN : Evergreen Marine Corp’s newest cargo ship, the Ever Ace, crossed the Suez Canal without a hitch , prompting the Egyptian authorities to call for a celebration.
DUBAI : Talks between UAE-based DP World and the government of Bangladesh are advancing regarding the construction of Bangladesh’s largest rail container depot in Gazipur district, close to
LONDON : Global shipping costs have soared to record highs after an August price surge fuelled by the scramble by firms to combat severe supply shortages as port