Ship stuck then refloated in Suez Canal, no impact on traffic – SCA
CAIRO : A bulk carrier briefly became stuck in the northern section of the Suez Canal on Thursday but was refloated and there was no impact on traffic, the Suez Canal Authority (SCA) said
Pirates attack Indian cargo ship off African coast, two crew members wounded, one kidnapped
CHENNAI : Indian merchant shipping crew on-board MV Tampen came under attack by pirates off a port in Africa’s Western Coast in early hours of Sunday in which two members received bullet injuries, while
IKEA begins buying containers and chartering ships as delays plague shipping
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 Ikea’s global supply chain has been
PM Modi remembers VO Chidambaram Pillai, freedom fighter and founder of first Indian shipping company
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 up the country’s first ‘swadeshi’ steam
Carriage of containers on vessels not specifically designed for the purpose
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 exploring unconventional methods to accomplish their
Customs clearance office at Kerala’s Azhikkal Port soon
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 movement of international cargo through the
Spotlight on the state of the sector
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 technologies and collaboration between stakeholders. There
Shippers struggle as container carriers’ earnings skyrocket
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 beyond reach for many small to