Evergreen Line and Simatech Shipping have reached a vessel-sharing agreement to jointly operate a new container service connecting the Indian subcontinent and the Middle East, starting in early May.
22 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in the coming months, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
21 Aug 2014
Container throughput at major state-owned ports in India expanded 5.3 percent year-over-year during April to July, the first four months of fiscal year 2014-15, according to preliminary figures released by the Indian Ports Association.
20 Aug 2014
Simatech Shipping, X-Press Feeders and Orient Express Lines have expanded their joint ASX Service between India and the Middle East by adding a direct call at Adani Hazira Container Terminal, a private facility in western India.
18 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in August, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
17 Aug 2014
India’s trade deficit in July rose to its highest level in a year as export growth weakened slightly after rising in the double digits for two consecutive months.
17 Aug 2014
Jawaharlal Nehru Port Trust (Nhava Sheva) broke ground Aug. 16 on its long-awaited special economic zone project, a port-based multi-product export processing center that is expected to help India’s largest container gateway boost its export volumes.
01 Aug 2014
Several container lines announced this week general rate increases for the month of September.
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
24 Jul 2014
DP World’s container traffic increased 9.3 percent on a like-for-like basis in the first half of 2014.
23 Jul 2014
Ship agents at India’s Port of Jawaharlal Nehru (Nhava Sheva) have expressed concern over a lack of effective measures by state-owned rail operator Container Corp. of India in clearing import backlogs that have reached “unprecedented” levels at the country’s biggest box gateway.