TT Club highlights continuing efforts to prevent container losses overboard
LONDON : Understanding the circumstances that lead to stack collapse and losses overboard incidents is of course vital in mitigating the risk. TT applauds the World Shipping Council initiative to publish the details of
DP World Cochin sustains strong momentum with 73,636 TEUs handled in July 2024
KOCHI : DP World, a leading global provider of smart end-to-end supply chain solutions, on Monday announced that its International Container Transshipment Terminal (ICTT) at Cochin delivered a record-breaking performance by handling over 72,000
Even Suez Canal restart is No Silver Bullet for Container Shipping Turbulence, warns Lars Jensen
COPENHAGEN : Shippers should anticipate continued volatility in container shipping freight markets through 2025, with even the re-start of operations through the Suez Canal not guaranteeing immediate respite from disruptions and soaring freight rates,
Veer selects Fosen Shipyard for wind power and Hydrogen Container Vessels
ATLANTA : Veer is one step closer to achieving breakthrough momentum for deploying the first clean container ship to cross an ocean: Veer has signed a Letter of Intent (LOI) with the selected shipyard,
Ocean container shipping market reaches a tipping point: Xeneta Analysis
OSLO : The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiralling short-term rates begin to soften. The Xeneta
Spike in freight costs to hit exporters : Ind-Ra
MUMBAI : A recent four-fold spike in container freight costs, could hit Indian exporters’ profit margins and enhance their working capital requirements through 2024-25 if there is no respite soon, with smaller players likely to
Exim operations are hampered by heavy rains, and cargo builds up at Gujarat ports
GANDHIDHAM : The current spate of intense rain in Saurashtra and Kutch has severely impacted the export and import activities at Kandla and Mundra Ports. Due to the heavy rains over the past seven
Container ship fleet expands by 11%, fastest growth in 15 years : BIMCO
LONDON : “Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6m TEU. Compared to one year ago, the capacity has risen 11% to 29.5m TEU, the