Measures to reduce adverse impact of Global Container Shortage
NEW DELHI : Disruptions due to the COVID Pandemic resulted in high shipping freight rates and container shortage globally, a problem which has been raised repeatedly by exporters
China’s trade accelerates in August despite coronavirus
China’s import and export growth accelerated in August despite disruptions due to the spread of the coronavirus’s delta variant. Exports rose 25.6% over a year earlier to $294.3
Keeping trade moving from the kitchen table : DP World
DUBAI : In March 2020, a virus put the world on hold. Overnight office doors closed, dispersing people to the safety of their homes. Like millions of others,
The world’s third busiest container port is back but the shipping crisis isn’t over yet
HONG KONG : One coronavirus case was all it took to shut down a critical part of the world’s third busiest container port.Now, the Meishan terminal at the Ningbo-Zhoushan Port
Covid detected in two vessels in Chittagong in a week – Fears of the virus spread
CHITTAGONG : The risk of spread of coronavirus among the crew and staff of Chittagong port is rising as the presence of the deadly virus was detected in
Rising delays in China’s container trade jeopardise Global Supply Chains
SHANGHAI : As China fights COVID -19 outbreaks in key industrial centers, increasing delays on the country’s main trade routes threaten the supply chain. Supply chain visibility platform,
Here’s who wins and who loses from the surge in commodity prices
MUMBAI : The world’s recovery from the coronavirus pandemic has sent prices for energy, metals and food soaring, helping big commodity exporters while hammering those nations that buy
At $35 bn, July exports 34% higher than pre-COVID level
NEW DELHI : India’s merchandise exports in July were 34% higher than the pre-COVID levels of July 2019, at $35.17 billion, Commerce and Industry Minister Piyush Goyal said
CONCOR moved 1st ever Oxygen Express to Bangladesh
TATANAGAR : Container Corporation of India Ltd. ( CONCOR) on Saturday, 24th July moved 1st ever Oxygen Express LMO with 200 MT to Bangladesh from Tatanagar with help
Demurrage and detention charges reach record highs
GENEVA : According to recent reports demurrage and detention charges have doubled, resulting in complaints across the US, Europe and Asia with a reported average increase in D&D
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