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The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,533 per 40ft container, which is $3,546 higher than the five-year average of $1,987 per 40ft container.

Global container price increases 332% YoY to $8,061 per 40ft container

28 Jun 2021 8:24 AM GMT

June 28, 2021: Drewry’s composite World Container index rose 15.9 percent or $1,104 to reach $8,061.65 per 40 ft container, which is 332 percent...

The park will also have a dedicated air cargo complex with a 4.6-km runway to make it capable of handling large carrier vehicles like airplanes.

APSEZ, Gujarat sign MoU for 1,450-acre logistics park close to Sanand

25 Jan 2021 5:06 AM GMT

January 25, 2021: The Gujarat government and Adani Ports and Special Economic Zone (APSEZ) signed a memorandum of understanding (MoU) for setting up...

The terminal attracted customers who are facing challenges at neighbouring international hubs like Colombo, by handling 9 mainline services carrying transshipment cargo.

DP World Cochin records highest-ever container, transshipment volumes

4 Dec 2020 4:22 AM GMT

December 4, 2020: DP World operated International Container Transshipment Terminal (ICTT) at Cochin has achieved its all-time highest monthly...

Hamburg the important logistic hub for Indian goods

25 Nov 2020 6:30 PM GMT

Hamburg is one of the most popular cities in Europe. For middle, northern and eastern Europe the port in the north of Germany is the gate to the...

Sanjay Sethi, chairman, JNPT reviewing the facilities at centralized parking plaza

JNPT opens new 45-hectare customs-enabled centralized parking plaza

31 Oct 2020 4:40 AM GMT

October 31, 2020: Jawaharlal Nehru Port Trust (JNPT) has opened a new centralized parking plaza for container tractor trailers with customs...

POL, coal and container segment have witnessed severe contraction with 15, 32 and 19 percent YoY decline during 5M FY2021.

Full-year outlook remains negative for Indian port sector: ICRA

7 Oct 2020 8:18 AM GMT

October 7, 2020: The credit rating agency ICRA has maintained the outlook for Indian port sector as Negative with volume contraction expected in...