DUBAI : In Dubai’s Jebel Ali port, a new technology is being tested that aims to speed up, improve and automate the way shipping containers are stored, moved and shipped.Typically, at major ports, shipping
NEW DELHI : Welcoming wholeheartedly the announcement of RoSCTL support for apparel & made-ups sectors, Dr A Sakthivel, President, FIEO said that this timely announcement, coming at a time when we are seeing buoyancy
HAMBURG : Hapag-Lloyd has achieved outstanding performance in financial terms during the first half of 2021, as it has benefitted from strong container demand and skyrocketing freight rates, according to the company’s CEO, Rolf Habben
NEW DELHI : Reacting to the trade data for July 2021-22, Dr A Sakthivel, President, FIEO said that the sustained growth in exports of about 50 percent with USD 35.43 billion over FY’ 2020-21
MERSEILLES : The French shipping company CMA CGM has published new rate increases for reefer containers across the world. Firstly, CMA CGM has already set a Port Congestion Surcharge (PCS) of US$1,000 per reefer
HMM has reported its highest operating profit in its history of US$2.06 billion in the first half of 2021 with a margin of 45.1%, while the company’s revenue almost doubled to US$4.56 billion, compared
PIPAVAV : Gujarat Pipavav reported its earnings for the June-ended quarter. Jakob Friis Sorensen, MD, Gujarat Pipavav Port discussed the earnings fineprint and outlook. The container business is looking good but he believes there
PANAJI : Spelling good news for Goa’s export and import business, two shipping firms have shown interest in operating container feeder services at the Mormugao Port Trust (MPT). A new container feeder operated by
ZHENJIANG : The temporary suspension of operations at Ningbo Meidong container terminal due to Covid has already put the major shipping companies on alert. They are already trying to protect themselves from the possible
NEW DELHI : An efficient supply chain forms the bedrock of any industrialised economy. The importance of supply chain has been demonstrated in both India and China — the two growth engines of Asia.