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October 6, 2021

Freight rates elevated more than 90% in one year

Shipping, Trending News
Xeneta Shipping Index (XSI) has revealed another monthly hike in long-term ocean freight rates, with global container prices rising by 3.2% in September, followed by a 2.2% increase in August and an unprecedented 28.1%
October 6, 2021

Hanjin Heavy wins order for boxship quartet

International Shipping, Trending News
Hanjin Heavy Industries & Construction Co., a mid-sized shipbuilder in South Korea, has secured a KRW 310.5 billion (about $261.8 million) order for the construction of four containerships. The vesels will be built for
October 5, 2021

Union Shipping Minister compliments SCI for contributing to Prime Minister’s vision of Transformation through Transportation

Trending News, Shipping
MUMBAI : Being the biggest transporter of the sea, The Shipping Corporation of India has contributed significantly to fulfilling Prime Minister’s vision of Transformation through Transportation. This was stated by the Union Minister for
October 5, 2021

Exports continue on path of high growth trajectory on the back of buoyant order booking : President, FIEO

EXPORT, Trending News
NEW DELHI : Reacting to the monthly trade data for September, 2021, which has continued on the path of higher growth trajectory, FIEO President, Dr A Sakthivel said that the monthly exports figure of
October 5, 2021

Adani Ports cargo volume rise 24%, handled 23.08 MMT in Sept 2021

Ports, Trending News
AHMEDABAD : Adani Ports and Special Economic Zone Limited (APSEZ) has announced the operational performance for September 2021 as under: APSEZ’s portfolio of ports during September 2021, handled cargo volume of 23.08 MMT (includes 2.57
October 5, 2021

CMA CGM announced new service to link Greece, Egypt and Turkey

International Shipping, Trending News
MARSEILLES : CMA CGM ,the French carrier has announced the launch of its Short Sea weekly service, which will connect North Greece with Egypt and South Turkey. The new service’s name is GETEX –
October 5, 2021

NITIE”s Centre of Excellence in Logistics and Supply Chain Management to Buttress India”s Vision for Economic Growth

Logistics, Trending News
MUMBAI : National Institute of Industrial Engineering (NITIE) has achieved another milestone in its resolve for excellence with the inauguration of the Centre of Excellence in Logistics and Supply Chain Management in Mumbai recently
October 5, 2021

Gangavaram Port primed for Container boxes

Ports, Trending News
VISAKHAPATNAM : Adani Ports and Special Economic Zone (APSEZ) commences work on opening a container terminal at Gangavaram port, days after it acquired the port in a ₹6,200 crore deal. The 330-metre-long Berth No.
October 5, 2021

Adani – SLPA signs US$700 million deal for new container terminal in Colombo, but transhipment losing out to direct India calls

Foreign Ports, Trending News
COLOMBO : Adani Ports and Special Economic Zone Limited (APSEZ) and The Sri Lanka Ports Authority (SLPA) have signed a 35-year agreement to jointly develop the Colombo West International Container Terminal (CWICT) of the Port
October 5, 2021

Concor cuts rates for Nepal-bound import boxes by 35%

Logistics, Trending News
NEW DELHI : Container Corporation of India Ltd (Concor) has cut rates by some 35 percent for hauling import containers landing at Visakhapatnam, Haldia and Kolkata ports and bound for Nepal. This follows entry
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