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 in eastern China is back up
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 the body of crews of two
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, Project 44 highlighted that vessel and
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 the bulk of their raw materials
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 on Monday, but the trade deficit
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 of Indian Railways, reaching its destination
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 charges of 104% over the past
Global maritime supply chains in times of COVID-19
It was projected last year that seaborne trade, including containerized trade, would experience a strong downturn as a result of the COVID-19 pandemic. However, changes in consumption and shopping patterns triggered by the crisis,
