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Ocean carriers likely to see $200 billion profits in 2022

24 Jan 2022 1:41 PM GMT
Ocean carriers are likely to report a combined profit of $200 billion (at a margin of 37 percent) in 2022 against the revised estimate of $190 billion...

Container availability still worrying, prices decline

10 Nov 2021 5:02 AM GMT
Huangpu, China continued to have the highest Container Availability Index (CAx) value in October, followed by Memphis and Dallas, according to data...

Carriers' schedule reliability still poor; Maersk does well 

29 Oct 2021 8:54 AM GMT
Maersk was once again the most reliable top-14 carrier in September 2021 with a schedule reliability of 44.2 percent, followed by Hamburg Süd with...

Container market update: Rates ease but future uncertain

13 Oct 2021 11:15 AM GMT
The next black swan event for the container market would be a 'complete recovery because that is what nobody is expecting at this point,' according to...

JNPT issues letter of intent to successful bidders of 9 plots in JNPT SEZ

20 July 2021 7:13 AM GMT
July 20, 2021: Jawaharlal Nehru Port Trust (JNPT) reached yet another milestone in SEZ development by issuing a Letter of Intent to 9 successful...

COSCO/OOCL’s CI1 service to make port call at APM Terminals Pipavav

28 April 2021 8:05 AM GMT
April 28, 2021: APM Terminals Pipavav announced that it has secured CI1 (China-India Express) service operated by COSCO/OOCL.
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