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Freight rate reduction could take 18-30 months
17 Nov 2021 12:22 PM ISTGlobal freight rate reduction could take anywhere between 18-30 months, according to Sea‑Intelligence, a research & analysis provider with strong...
COP26- New task force to aid maritime industry to net-zero goal
12 Nov 2021 2:32 PM ISTThe vision of the task force is to drive decarbonisation of the industry, help the global seafaring community in its green transition and push to...
Container availability still worrying, prices decline
10 Nov 2021 10:32 AM ISTHuangpu, China continued to have the highest Container Availability Index (CAx) value in October, followed by Memphis and Dallas, according to data...
Japanese carrier ONE to close year with $12 billion profit
1 Nov 2021 11:30 AM ISTJapanese carrier Ocean Network Express (ONE) is all set to report a net profit of $11.8 billion for the full year ending March 31, 2022, compared to...
LA/LB ports to go ahead with container dwell fee; time till Nov 15 to clear containers
30 Oct 2021 4:31 PM ISTThe contentious container excess dwell fee is well and truly on across the Ports of Los Angeles and Long Beach.
Carriers' schedule reliability still poor; Maersk does wellÂ
29 Oct 2021 2:24 PM ISTMaersk 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...
