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Adani Gangavaram Port achieves new record in timber log handling
8 Nov 2024 3:25 PM ISTThe port surpassed its previous record of 2,900 metric tons in a single day by 52 percent on growth.
Trump win and 10 pointers for container shipping in 2025
8 Nov 2024 3:05 PM ISTOcean container shipping freight rates spiked more than 70% during the first term of Donald Trump (2017-21).
Drewry World Container Index up 7%
8 Nov 2024 2:00 PM ISTFreight rates from Shanghai to Genoa zoomed 21% to $4,399/FEU and from Shanghai to Rotterdam surged 16% to $3,954/FEU.
Allcargo Gati reports 18% YoY EBITDA growth to Rs 39 crore in H1FY25
8 Nov 2024 1:04 PM ISTFor Q2FY25 EBITDA was up 26 percent as compared to the same period last year.
Port of Rotterdam appoints Berte Simons as COO
8 Nov 2024 12:44 PM ISTSimons succeeds Boudewijn Siemons, who was appointed CEO and interim COO in February 2024.
Trump Presidency may see spike in ocean freight rates: Xeneta
7 Nov 2024 2:47 PM ISTLast time Trump ramped up tariffs on Chinese imports, container shipping freight rates spiked more than 70%.
E-commerce traffic sees Emirates SkyCargo H12024 tonnage increase 16%
7 Nov 2024 1:09 PM ISTEmirates placed orders for 10 additional Boeing 777 freighters to support growth during the first six months of 2024-25.
Hapag-Lloyd orders 24 new container ships
7 Nov 2024 11:30 AM ISTShips will feature liquefied gas dual-fuel propulsion and be ammonia-ready; deliveries between 2027 and 2029.
Saudia Cargo appoints Loay Mashabi as CEO and MD
7 Nov 2024 10:30 AM ISTMashabi succeeds Teddy Zebitz, who will continue to be a member of the Board of Directors.
Syngenta, Maersk extend partnership for sustainable solutions
6 Nov 2024 7:56 PM IST"Regular reporting and ongoing dialogue on sustainability outcomes are key determinants of business performance."
Trump win & supply chain "pull forward"
6 Nov 2024 5:15 PM ISTAnticipation of higher tariffs may lead importers to pull forward shipments, creating a preemptive freight frenzy.
Container ship deliveries hit new record of 2.5 million TEU
5 Nov 2024 5:45 PM ISTThe container fleet now consists of 6,699 ships with a capacity of 30.4 million TEU: BIMCO