Hapag Lloyd and MSC apply new Asia – America rates
HAMBURG : The European container shipping companies Hapag Lloyd and MSC have announced the implementation of fresh increases in rates from the Middle East and the Indian Subcontinent
To reach containers to exporters faster, govt mulls rail movement of empties
MUMBAI : The government may not have a handle on the steep freight rates, but it can speed up movement of empty containers from ports to the hinterland
Boosting Exports: Govt mulls sops to soften shipping cost blow; TMA scheme to be reintroduced
NEW DELHI : Under the TMA, which was valid for two years through March 2021, the government reimbursed exporters a certain portion of freight charges and offered assistance
Xiaomi gave clarification on increasing the price of mobile phones, blamed the supply chain problems
BENGALURU : Xiaomi has come out clean for the price hike of all its mobile phones including its popular smartphone Redmi Note 10 during the last few weeks. The
China’s trade accelerates in August despite coronavirus
China’s import and export growth accelerated in August despite disruptions due to the spread of the coronavirus’s delta variant. Exports rose 25.6% over a year earlier to $294.3
China Ningbo Containerized Freight Index up 8.6 pct in August
The China Ningbo Containerized Freight Index (NCFI), a wind vane of China’s busiest port’s freight rates for the international container shipping market, stood at 3,862.6 points in August,
World’s 1st LNG-powered VLCC kicks off sea trials
The world’s first liquefied natural gas (LNG)-fuelled very large crude carrier (VLCC) has commenced its sea trials in Chinese waters, after completing the construction phase. The 318,000 dwt
Scan Global Logistics acquires New Zealand freight forwarder Orbis Global Logistics
Scan Global Logistics (SGL) has signed an agreement to acquire New Zealand Freight Forwarder Orbis Global Logistics Limited. Orbis will become the newest member of the SGL family
K Line agrees with Gyxis on new LPG/LAG carrier time charter
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has reached an agreement with LPG importer Gyxis to enter into a time charter contract based on a new LPG-fueled
Bureau Veritas issues new Guidelines for the Carriage of Containers in Bulk Carriers
Bureau Veritas (BV), a world leader in testing, inspection, and certification (TIC), has developed a formalized approach to support the safe carriage of containers in bulk carriers. BV’s