CMA CGM, World’s no. 3 container carrier warns against price war
MARSEILLE : CMA CGM, the World’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels threatens to push global
Freight rate slide on trades out of India continues amid persistent demand pressure
MUMBAI : Container freight rates across trades out of India have seen no noticeable recovery signs for carriers in October, according to the latest market analysis by a
It may be stormy 2024 as shipping lines plan freight increases : Xeneta
HAMBURG : Supply chains around the world could be at serious risk amid expected increases in the cost of ocean freight shipping during 2024. Oslo-based Xeneta has carried
Container freight rates to hit 2016 levels
HONG KONG : Overcapacity and stalling demand are driving container shipping rates to new lows, according to the latest Market Pulse report from consultant Linerlytica. Asia to Europe
Businessmen struggles due to high rates, delayed approvals at port
KOCHI : The industrial community in Kerala is expressing hesitancy to rely on the Kochi coast for their import and export activities. Despite Kochi Port handling a significant
Shipping, allied industries battle choppy waters as margins sink
MUMBAI : Shipping and allied industries are bracing for a rough patch with depleting margins as freight rates are falling to pre-Covid levels or even lower in certain
Freight rates for Indian exports continue to cool ahead of carriers’ GRI attempts for US services
MUMBAI : Container carriers serving Indian trades are seeing no letup in the erosion of export freight rates amid a slowdown in cargo volumes, according to the latest
Commodity exporters faces global economic slowdown
NEW DELHI : The sharp fall in global freight rates from a high of $18,000 to $750 in various sectors such as the US and Europe has not brought any
Maritime decarbonisation, falling freight costs and declining piracy : Report
LONDON : The international shipping industry has a fundamental role in keeping goods moving around the world, so disruption to the sector can have a detrimental impact on
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
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