Container shipping rates entering extended period of volatility: Lars Jensen
The global container shipping industry is entering a period of volatility that will extend long after the current peak shipping season, with a return to pre-pandemic market conditions almost certainly out of reach, according
The next inflation risk? Chinese suppliers to the U.S., booked for months, are raising prices by double digits
A spike in demand since the pandemic has led to a backlog of orders lasting until next April and has given the company enough confidence to raise prices by 10%. Rather than hurting demand,
Transworld Logistics Ltd completes several shipment from India
MUMBAI : Transworld Logistics has successfully completed several impressive shipments (total of 24 units) from Mumbai, India to Tincan, Nigeria. They faced many issues along the way, the main one being spacing with competitive
Sarbananda Sonowal reiterates commitment to enhance share of renewable energy to 60 per cent of power demand at major ports
NEW DELHI : Union Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal has said that India intends to increase share of renewable energy to 60% of total power demand of each of its
Allcargo Logistics is weighing a potential entry into container terminal business
MUMBAI : Allcargo Logistics Ltd weighs entry into container terminal operation business to tap synergies with the container freight stations (CFS) and inland container depots (ICD) the firm runs across India, a top official
Why Container Ships Can’t Sail Around the California Ports Bottleneck
There appears to be no sailing around the breathtaking backup of container ships off the jammed ports of Los Angeles and Long Beach. Newly arriving vessels are adding to a record-breaking flotilla waiting to
Need to focus more on air connectivity between India, ASEAN countries: Sonowal
NEW DELHI : There is a need to focus more on air connectivity between India and ASEAN nations to enhance tourism in unexplored areas of the region, Union Minister Shri Sarbananda Sonowal said on
Cargo rate freeze won’t solve shipping strains
BEIJING : Recent moves made by international shipping companies’ to freeze cargo rates will do little to ease strained shipping capacity and improve logistics efficiency, Chinese traders said, as a wider range of Chinese