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%
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
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
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
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
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 –
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
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.
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
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