Container freight rates to hit 2016 levels
HONG KONG : Overcapacity and stalling demand are driving container shipping rates to new lows, according to the latest Market Pulse report from consultant Linerlytica. Asia to Europe
Box lines revise services in Europe
LONDON : Aiming to optimise and improve their network, several container lines have announced changes in their European services. First of all, CMA CGM has decided to revise
Chinese ports exceed 200 million TEUs in 2023 so far, Shanghai and Ningbo remain on top
BEIJING : Container volume at China ports rose by 4.8% in the January-August period, compared to the same months last year. The container throughput of Chinese ports was
Barge with 12 boxes onboard sinks near Chittagong port
CHITTAGONG : A barge having 12 TEUs of loaded containers onboard sunk near Chittagong port in Bangladesh on Thursday (28 September) night. The port authority, in a notice
TMS TACCC 2023 makes strong case for determined climate change action
DUBAI : The inaugural Transportation and Climate Change Conference (TACCC), held at the Saadiyat Rotana Resort in Abu Dhabi, made an indelible impression on those attending, highlighting the
Mundra, Kandla and JNPA Ports likely to be part of India-Middle East-Europe economic corridor
MUMBAI : Three major ports on the west coast — the State-run Jawaharlal Nehru Port Authority (JNPA), Mumbai, and Deendayal Port Authority, Kandla, as well as the Gautam
MoRTH finalising policy for using municipal waste in road construction: Nitin Gadkari
NEW DELHI : Union Road Transport and Highways Minister Shri Nitin Gadkari on Thursday said his ministry is finalising a policy for use of municipal waste in road
Kochi should be developed as hub for cruise tourism : M Beena
KOCHI : Kochi has immense potential to develop as a cruise tourism destination and the state and Cochin Port should lay the road map to transform Willingdon Island into
“Embracing digitalization a necessity for maritime trade” MSC CEO emphasizes at Global Sustainab
GENEVA : Speaking for the first time at the Global Sustainable Transport Forum as a keynote speaker, MSC CEO Soren Toft delivered a speech on the transformative potential
PSA celebrates a Trio of Wins at the 2023 Asian Freight, Logistics & Supply Chain Awards
SINGAPORE : PSA received three accolades at the 2023 Asian Freight, Logistics & Supply Chain (AFLAS) Awards. PSA International (PSA) was named the “Best Global Container Terminal Operator”, for