Iran, Venezuela launch direct shipping line to further boost bilateral trade
TEHRAN : A direct shipping line connecting Iran to Venezuela was launched last month by with the goal of supporting the trade ties between the economic sectors of
Container lines’ schedule reliability dips slightly at start of 2023
COPENHAGEN : Sea-Intelligence reported that while schedule reliability continued to increase for much of 2022, in January 2023 there has been a month-to-month decline of 3.8%, reaching to
Spot rates for Shanghai container exports fall on all routes
SHANGHAI : Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai Shipping
Vast tidal wave of new container ships about to strike
FRANCE : Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month,
Early hints of container demand rebound expectations seen in China
HAMBURG : An increase in port congestion and container pickup charges in China point to a recovery in demand for container transportation. According to date from container logistics
India seen as one of the year’s fastest-growing destinations for cargo ships and trade
MUMBAI : India is seeing an ever greater number of container ships visiting its shores, and as the fastest-growing major economy in the world, which is demanding the
Where container shipping is flourishing?
By Mr. Gautham Krishnan Liner shipping connectivity is key to the handling of container volumes and maintains a major chunk of the pie in global trade. The liner
Freight rates on Indian trades continue to cool amid falling export volumes
MUMBAI : Container freight rates on trades out of India have continued to cool, albeit at a slower pace on shipments to Europe, according to the latest market
Ocean shipping rates are collapsing
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation
Supply-Chain snarls leave Southern California swamped in Empty Shipping Containers
CALIFORNIA : The biggest export out of Southern California these days is air. And it is suffocating the supply chain. Hundreds of thousands of empty containers are filling