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May 10, 2021

Coronavirus | Oxygen curbs hit container availability

Trending News, Container
SINGAPORE : Exports affected as ‘thousands of damaged containers unusable’; gas key to welding process in repairs The curbs placed on industrial use of oxygen by the Centre to augment availability of medical grade
May 10, 2021

India’s exports surge 80% to $7 billion during May 1-7

Export - Import, Trending News
NEW DELHI : Persevering with a constructive development, India’s exports grew by 80 per cent to $7.04 billion through the first week of this month, in keeping with preliminary knowledge of the commerce ministry.
May 10, 2021

Yokohama crowned world’s most efficient container port

Ports, Trending News
YOKOHAMA : The Japanese port of Yokohama has been crowned as the world’s most efficient box facility in a new study launched by the World Bank and data firm IHS Markit. Asian container ports
May 10, 2021

After containers, dry bulk shipping is red hot now

Shipping, Trending News
The Baltic Dry Index or BDI, London-based Baltic Alternate’s foremost sea freight index that tracks charges to ship dry bulk commodities, rose essentially the most in over ten years on Wednesday lifting the spirits
May 10, 2021

A real staging post’ – Singapore shares joint billing with London as premier arbitration centre

Trade, Trending News
SINGAPORE : Singapore and Hong Kong move up rankings as the status of Paris slips, according to major survey Singapore has ranked jointly with London as the world’s favourite arbitration centre in a survey
May 10, 2021

Logistics giant DSV charters 1,800 TEUs Boxship to move cargoes on frenzied Asia-Europe tradelane

Logistics, Trending News
DENMARK : The incredible tightness of available slots on almost all tradelanes has forced one of the world’s largest logistics operators to charter in a small ship to move cargoes from Asia to Europe.
May 10, 2021

Slashing of steel export rebate by China augurs well for India

Export - Import, Trending News
China’s withdrawal of export rebates of 13 per cent on 146 steel products and scrapping import duty cut on crude steel, pig iron and scrap augurs well for Indian steel companies. The withdrawal of
May 10, 2021

Newbuild over-investment could shorten container shipping’s bull run

Shipping, Trending News
A huge surge in containership newbuild orders could act to shorten the current market boom for the sector, analyst Drewry warns. LONDON : Container shipping is enjoying a boom brought about by soaring demand
May 10, 2021

Jindal Drilling awarded jackup contract with ONGC

Shipping, Trending News
MUMBAI : Indian offshore drilling player Jindal Drilling & Industries has received a letter of award from Oil and Natural Gas Corporation (ONGC) for the charter hire of its 2014-built jackup Jindal Explorer. According to
May 8, 2021

Mundra becomes India’s leading container port, boosting Adani’s results

Ports, Trending News
MUMBAI : Adani Ports and Special Economic Zone (APSEZ) consolidated its presence in the Indian container port market during the 2021 fiscal year, raising its market share to 41% as its flagship hub in
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