Decline in demand pushes freight rates down, liners cut down schedules
Container shipping rates continued to fall in October due to declining demand. The Shanghai (Export) Containerized Freight Index (SCFI) has fallen for 17 consecutive weeks.
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Container shipping rates continued to fall in October due to declining demand. The Shanghai (Export) Containerized Freight Index (SCFI) has fallen for 17 consecutive weeks.
Shipping Corporation of India Ltd (SCI) has secured backing from its secured and unsecured lenders on the demerger scheme that entails transferring Rs1,000 crore from
On the westbound India-Europe trade, contract prices from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or Rotterdam (the
Japan’s Nippon Yusen KK said on Wednesday it will invest in Pertamina International Shipping (PIS), a unit of Indonesia’s state energy firm Pertamina, without disclosing
Leading classification society, the Indian Register of Shipping (IRS), has signed a Recognised Organisation (RO) agreement with the Philippines maritime flag administration. Seeking RO status
The good news is that there were fewer than 100 container ships stuck waiting off North American ports on Friday. The bad news is that
Mediterranean Shipping Co. (MSC) has announced a new scale of overweight surcharges for Indian containers moving to Canada, Mexico, Central America and the Caribbean. The
Highlights: On 28 September, port authorities detained the ship after it hit a gantry crane at Ctg port Hapag-Lloyd facing a daily loss of about
A.P. Moller-Maersk A/S is having either the greatest year in its 118-year history or the worst in more than a decade, depending on whether you
Container shipping rates continued to fall in October due to
Shipping Corporation of India Ltd (SCI) has secured backing from
On the westbound India-Europe trade, contract prices from West India
Japan’s Nippon Yusen KK said on Wednesday it will invest
Leading classification society, the Indian Register of Shipping (IRS), has
The good news is that there were fewer than 100
Mediterranean Shipping Co. (MSC) has announced a new scale of
Highlights: On 28 September, port authorities detained the ship after
A.P. Moller-Maersk A/S is having either the greatest year in
