LONDON : First there were the queues at the twin ports of Los Angeles and Long Beach, which left as many as 40 container vessels awaiting a berth in early February amid a flood of traffic.
KOHZIKODE : The brief sea container delivery service between the Vallarpadam container terminal and the Beypore port will start on June 24. Carrying coastal and export-import (exim) transshipment containers, Motor Vessel Chowgule-8 owned by
CMA CGM is the latest shipping carrier to apply a port congestion surcharge (PCS) on the refrigerated containers which are expected to arrive in the Port of Yantian, as the congestion crisis in the
MANGALORE : New Mangalore Port Trust (NMPT) handled the MV SSL Brahmaputra – a largest parcel size container vessel — at the port on Tuesday. A statement by NMPT said that this is the largest parcel
LOS ANGELES : American politicians are discussing taking drastic action to force global liners to take all US export container bookings. A Republican and a Democrat have pitched the idea to the US House
SINGAPORE : CMA CGM will work with the Singapore logistics technology start-up Haulio, which, through its digital haulage solutions, will move the French carrier’s containers on Thailand’s major inland corridor of Bangkok, Lat Krabang
SINGAPORE : Listed global carriers recorded a combined $16.2bn in operating profits in the first quarter this year, with seven of the 10 carriers recording EBIT of over $1bn in the three-month period, data
KOZHIKODE : Entrepreneurs in small-scale industries sector are delighted over the choice of among the distinguished container shipping corporations to resume operations at Beypore Port benefiting from the State authorities’s newest coastal shipping promotional
SINGAPORE : CMA CGM and Hapag-Lloyd have announced shipment suspensions in several regions across the world. The French shipping group said that all reefer shipments to Cabinda in Angola are suspended due to ongoing
LONDON : Drewry’s composite World Container index increased 3.3% or $207 to $6,463.78 per 40ft container. Our detailed assessment for Thursday, 3 June 2021The composite index increased 3.3% or $207 this week, and also,