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ZIM buys 7 ships in move from charters to owning vessels
22 Oct 2021 3:40 PM ISTIn a clear move away from chartering to owning ships, Israeli carrier ZIM Integrated Shipping Services announced the acquisition of seven secondhand...
Data proves why shipping assets are a better bet now than aviation
22 Oct 2021 2:28 PM ISTVessels and aircraft are both high value, depreciating, globally movable and volatile assets. Most vessels and aircraft have values between $10...
Amazon, others commit to using zero-carbon fuels ocean services by 2040
20 Oct 2021 5:03 PM ISTLeading global corporations including Amazon, IKEA, Unilever and Michelin are the among first signatories to an ambition statement for purchasing...
Holiday rush likely to push congestion at US ports, no let up seen in demand
17 Oct 2021 12:35 PM ISTContainer ports in the U.S. are expected to face more congestion in the final push to get goods for the holiday shopping season, according to the...
Container market update: Rates ease but future uncertain
13 Oct 2021 4:45 PM ISTThe 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 reports 40% container traffic growth in H1 FY22 vs Covid-hit FY21
11 Oct 2021 6:44 PM ISTJawaharlal Nehru Port Trust (JNPT) handled 2,703,051 TEUs during the first half of FY 2021-22 against 1,925,284 TEUs, which is 40 percent higher than...
