Shortages push Freight Rates to New High
LONDON : Global shipping costs have soared to record highs after an August price surge fuelled by the scramble by firms to combat severe supply shortages as port
COSCO SHIPPING Ports announces 2021 Interim Results capturing Strategic Development Opportunities, C
SHANGHAI : COSCO SHIPPING Ports Limited, the world’s leading ports operator, announced the interim results of the Company and its subsidiaries (the “Group”) for the 6 months ended
ATMA requested government to remove port restrictions, lower duty on rubber imports
NEW DELHI : Rajiv Budhraja of ATMA said it is a double whammy for tyre manufacturers as domestically available rubber is high priced and in short supply, while
Action plan is in place to protect the port’s Cargo traffic from slipping away : VPT Chairman
VISAKHAPATNAM : With the Andhra Pradesh government approving Adani Ports and Special Economic Zone Limited’s (APSEZ) proposal of acquisition of 10.4 percent stake of Gangavaram Port Limited (GPL),
Containership order book doubled up in 2021 : BIMCO
COPENHAGEN : Freight rates are record high, record amounts of cargo are shipped across the Pacific Ocean, as well as globally, and the previous yearly record for new
All-inclusive rates inch up as shippers compete for space
LONDON : All-inclusive premium bookings heard in the US marketplace inched upwards during the week to Aug. 27 as port congestions on both sides of the Pacific supported
Monetizing DFC: Many firms will be keen, but need investor-friendly stance, regulator
NEW DELHI : The government’s plans to monetise one-fifth of the two National Dedicated Freight Corridors (DFCs) has generated a lot of interest even though it makes up
Plans for €2 billion Bremore Deepwater Port moves to the next phase
The tender process to appoint planning consultants for the development of a €2 billion deep water port just north of Balbriggan at Bremore, has begun and a local
India on cusp of major maritime revolution: Sarbananda Sonowal
NEW DELHI : Sarbananda Sonowal, Minister of Ports, Shipping and Waterways & AYUSH, Govt of India said that India is on the cusp of major maritime revolution and
Pankaj Kumar appointed as Chief Secretary of Gujarat Government
GANDHINAGAR : The state government on Friday appointed 1986-batch IAS officer Pankaj Kumar the new Chief Secretary of Gujarat. Kumar will replace Anil Mukim, whose current term ends