September 1, 2021
March 31, 2026
September 1, 2021
Container freight rates rise in five-fold in two years on supply shortage
MUMBAI : In a major blow to world trade, global average container freight rates have risen more than five-fold in two years due to a massive supply shortage which emerged partly on account of
August 31, 2021
Hapag-Lloyd orders another 75,000 TEU standard containers
HAMBURG : To further ease the scarcity of empty containers, Hapag-Lloyd has ordered another 75,000 TEU dry boxes. The containers will be manufactured in China and delivered to Hapag-Lloyd within the fourth quarter of
August 31, 2021
While India’s exports are doing well, container shortage is cause of concern, says FIEO
Shortage of shipping containers triggered by massive congestion at Chinese ports is beginning to give Indian exporters nightmares. Ajay Sahai of FIEO said the government needs to ensure that not many empty containers are
August 31, 2021
JNPT to roll out special VRS ahead of privatisation of container terminal
The offer will be open for six months from September 1 MUMBAI : Jawaharlal Nehru Port Trust has secured backing from the government to introduce a special voluntary retirement scheme (SVRS) for employees from
August 31, 2021
One District One Product scheme to give India’s unique exports the extra edge
NEW DELHI : What is common between Jamnagri Bandhini, Kolhapuri chappals, Kashmiri Papier Mache, Naga chillies and Tamil Nadu machine parts? They have all been selected for export promotion and improvement of market accessibility under the first
August 31, 2021
V.O.C. Port creates a new record
V.O. Chidambaranar Port created a new record for handling a vessel with highest parcel size on Sunday. THOOTHUKUDI : The Singapore flagged vessel ‘M V Ince Ankara’, arrived from the Port of Mina Saqr,
August 31, 2021
Varuna Group to construct 30 warehouses over five years
GURUGRAM : Varuna Group, a Gurugram-based third-party logistics warehousing firm, wants to invest around Rs 500 crore to set up 30 ‘Grade A+’ warehousing facilities across the country in the next five years, according
August 31, 2021
DP World near deal to build Bangladesh’s largest rail ICD
DUBAI : Talks between UAE-based DP World and the government of Bangladesh are advancing regarding the construction of Bangladesh’s largest rail container depot in Gazipur district, close to the capital city of Dhaka. Last
August 31, 2021