by admin | Jul 21, 2022 | Logistics and shipping news, News
After a brief gap that has seen some signs of freight rate softening and corrections, container lines actively operating on India-US trades are looking to capitalise on expected peak season cargo movements. Mediterranean Shipping Co. (MSC) seems to lead that rate...
by admin | Jul 16, 2022 | Logistics and shipping news, News
The number of containers in Saudi Arabian ports in June increased by 5.5% and reached 642,300 TEU compared to 608,800 TEU recorded in the same month last year. At the same time, the transshipment sector saw a growth of 4.2% with a total of 244,600 TEU. Saudi Arabian...
by admin | Jul 15, 2022 | Logistics and shipping news, News
The Cabinet Council of the Republic of Panama has approved the tolls structure recommended by the Panama Canal Board of Directors. With this approval, the Panama Canal will assume a simplified, value-based pricing structure, reducing the number of tariffs from 430 to...
by admin | Jul 13, 2022 | Logistics knowledge, News
A celebration ceremony was held in Tianjin, China for automation upgrades at the world’s first traditional container terminal. The full completion of the automation upgrades is the result of cooperation between COSCO, Tianjin Port Group and China Merchants...
by admin | Jul 13, 2022 | Logistics and shipping news, News
US port imports hit another record high this spring, according to the monthly Global Port Tracker report published by the National Retail Federation (NRF) and Hackett Associates. The reasons for that are that the country’s major container ports worked to ease...
