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Container turnaround time accelerates in Asia but congestion in US/Europe ports delay supply chain recovery
11 Jan 2022 7:26 AM ISTContainers are moving in and out of China at record speeds as shippers desperately source capacity but port congestion in Europe and the US continues...
Drewry WCI increased 1%, indicators point to another bullish year for freight
10 Jan 2022 1:07 PM ISTDrewry’s composite World Container Index (WCI) increased 1.1 percent to $9,408.81 per 40ft container for the week to January 6, 2022.
MSC largest ocean carrier by operated vessel capacity
6 Jan 2022 1:19 PM ISTSome 52 years after its foundation in 1970, Mediterranean Shipping Company (MSC) overtook Maersk Group of Denmark as the world’s biggest container...
Maersk restricting access to freight forwarders draw FIATA ire; Maersk says difficult to meet demand
5 Jan 2022 6:50 PM ISTThe recent notices to users of freight services of A.P. Moller–Maersk Group and its integrated services restricting access in many economies through...
Suez Canal revenues hit new record at $6.3 bn in 2021
4 Jan 2022 2:09 PM ISTEgypt Suez Canal Authority (SCA) said the key waterway, connecting the Red Sea and the Mediterranean, reported a record-breaking revenue of $6.3...
Zypp Electric turnover likely to cross Rs 25 crore in FY22
27 Dec 2021 5:33 PM ISTZypp Electric, India’s leading Tech-Enabled EV Shared Mobility platform, expects its turnover to jump more than five times to around Rs. 25 crore...
