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 rates are already below 2019 levels
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 its GTL service again. According to
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 203.7 million TEUs, while for the
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 issued to mariners on Friday morning,
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 need for strong, concerted action to
THE NETHERLANDS : Praxis Automation, a global leader in ship automation, electrical propulsion and dynamic positioning systems, announced that it has been awarded a long-term collaborative contract by Rawabi Vallianz Offshore Services (RVOS), a
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 Adani-owned Mundra port — are likely
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 construction. Addressing a press conference, Gadkari
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 a hub for cruise tourism, opined
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 of digital technologies in the maritime