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August 12, 2021

Major global shipping lines report record rise in revenues during June quarter

International Shipping, Trending News
CHENNAI : Riding on the steep hike in sea container freight rates, major global shipping lines — Hapag Lloyd, Ocean Network Express (ONE) and CMA-CGM — reported record increase in their revenues in the
August 12, 2021

Football tournament organized by Rim Zim and Sponsored by Fleetx.io

Trade, Trending News
Tournament was held on 7th & 8th August under flood lights and it was a knock out one. A total of 10 teams from Kutch Participated in tournament including locals, shipping agents and transporters.
August 12, 2021

Phthalic Anhydride: Anti-dumping duty on imports from China, Indonesia, Thailand, South Korea

Export - Import, Trending News
NEW DELHI : The Finance Ministry has imposed definitive anti-dumping duty on Phthalic Anhydride (PAN) imports from China, Indonesia, Thailand and South Korea. This duty, which will be applicable for five years, ranges from
August 12, 2021

DB Schenker launches Schenker Ventures

Logistics, Trending News
New DB Schenker unit to support ideas transforming logistics • Venture capital investments in early-stage business models and start-ups • Founder-centric venture studio together with MVP Factory • “We want to build a digital
August 12, 2021

New York & New Jersey port almost doubles container volumes in June

Foreign Ports, Trending News
NEW YORK : Port of New York and New Jersey has announced record-breaking container volumes increase during June. In particular, June’s total volumes at the US port rose by 46.6% in comparison to the
August 12, 2021

Coming US infrastructure bill promises port-funding splurge

Trending News, Infrastructure
US ports and inland waterways are on track to receive at least $11.8 billion in new federal funding over the next five years through a $1 trillion infrastructure bill Congress aims to finalize over
August 11, 2021

India-led UNSC meet snubs China, backs Law of Sea convention

Maritime, Trending News
NEW DELHI : Overcoming resistance from China, an unprecedented India-led UN Security Council session highlighted the primacy of the UNCLOS (United Nations Convention on the Law of the Sea) which “sets out the legal
August 11, 2021

MSC revises Middle East, Indian Subcontinent – USEC network

International Shipping, Trending News
SINGAPORE : Mediterranean Shipping Company (MSC) has announced the enhancement of its Middle East, Indian Subcontinent & US East Coast network, which now includes three distinct services. The Swiss container line has revised the
August 11, 2021

Cargo volumes at dozen major ports grew by 21.71% during April-July to 235.635 million tonnes

Trending News, Ports
MUMBAI : Cargo handled at India’s dozen state-owned major ports rose 21.71 per cent during the April-July period to 235.635 million tonnes (mt) from 193.606 mt a year ago. The 12 major ports handled
August 11, 2021

Exporters worried over spike in freight and container charges

EXPORT, Trending News
NEW DELHI : Exporters are worried that a spike in freight and container charges will hit shipments as it will make Indian goods costly and erode their competitive advantage. “The industry is worried that
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