Bunker rate up 20% in 1 month, freight rates showing mixed trend
4 March 2022 4:19 PM ISTIn Singapore and Fujairah, price zoomed to $904/mt and $918/mt, respectively.
#RussiaUkraine conflict rages on, Biden takes on container shipping
1 March 2022 3:48 PM ISTIt is unfortunate that the President is demonising ocean carriers: World Shipping Council
Suez Canal Authority hikes toll, charge may hit shippers
1 March 2022 11:44 AM ISTSuez Canal reported 1,776 transits in January, an increase of 183 compared toJanuary 2021.
#UkraineWar to have limited impact on shipping
26 Feb 2022 1:41 PM ISTUkraine said Russian warships shelled a Moldovan-flagged tanker and a Panamanian-flagged cargo ship near Odessa port
West may not act soon on Russian oil & gas: VesselsValue
24 Feb 2022 9:25 PM ISTThere could be scope to sanction ships and companies that carry them due to lesser impact on global trade
Carriers have $130bn cash, shippers expecting more: Drewry
24 Feb 2022 7:09 PM ISTAnalysis reinforces view that elevated profits are due to higher freight rates, not higher volumes or more services
Pile of 3.5 million TEU containers likely in U.S.
24 Feb 2022 1:21 PM ISTEstimate based on normal operations by end-Dec 2022, and current transportation time of 112 days reverting to 45 days
Operations steadying at JNPT container terminal after IT 'disruption'
23 Feb 2022 9:23 PM ISTJNPT has chalked out a standard operating procedure for an interim period for handling EXIM containers at JNPCT.
Felicity Ace fire may cost VW, Porsche, Audi $155mn: Russell
21 Feb 2022 2:51 PM ISTThe ship was carrying more than 4,000 cars, according to various news sources
H1 revenue of over Rs 4,000cr, TVS Supply Chain Solutions plans IPO
16 Feb 2022 8:38 PM ISTObjectives of the offer include repayment of Rs 1,160 crore outstandings and capitalisation of subsidiaries.
Pressure to continue across U.S. ports, shipping rates to remain high
16 Feb 2022 1:41 PM ISTThere is a 60% increase in vessels on the Asia-North America East Coast trade lane in the coming months
Schedule reliability plunges to 35.8% in 2021; 14% sailings cancelled
8 Feb 2022 6:07 PM ISTThe schedule reliability of global carriers dropped from 78 percent in 2019 to 63.9 percent in 2020 and then to 35.8 percent in 2021 - the lowest...
