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India explores measures to mitigate Red Sea crisis impact on export trade

Container News Team - 0
Ιndian government and shipping industry stakeholders have realised the urgency to deal with growing trade challenges from the Red Sea shipping crisis, as market...
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CN analysis: Box carriers’ rate struggle on India trades continues amid demand challenges

Container News Team - 0
Container carriers serving Indian trades continue to face steep freight rate declines amid a weakening demand outlook that industry observers believe will only worsen...
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Port News

India seeks new bids for east coast transshipment terminal

Container News Team - 0
The V.O. Chidambaranar Port Authority (Tuticorin), a major government port on the Indian coast, has reactivated steps to select a private investor for the...
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India prepares SoP to clear re-imported Russia bound stuck containers

Container News Team - 0
Several thousands of Indian goods laden containers, which were bound to Russia but stuck in various European and West Asian ports, are now returning...
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India resumes shipments to Russia

Container News Team - 0
India has reportedly started shipment of goods to Russia again after two Russian banks have started facilitating payments in both Rupee-Ruble and Euro. Last week,...
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India plans to use Chabahar, Qingdao, Georgia ports to ship cargo to CIS countries

Container News Team - 0
India is searching for alternative routes, bypassing the war blocked Black Sea route, to send its annual US$4.5 billion-worth exports to the Commonwealth of...
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India, Russia in search of alternative payment system, shipping access for trade

Container News Team - 0
India being a Russian large trade partner is trying to continue bilateral export-import activities through alternative ways and means amid various types of sanctions...
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Russia-Ukraine crisis threatens to strain Indian container trade outlook

Container News Team - 0
Albeit an early measure of the impact, there is an emerging view that disruptions from the ongoing Russia-Ukraine conflict will cut into the pace...
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India reveals US$100m pandemic cost

Container News Team - 0
The world's largest lockdown so far has cost the Indian economy an estimated 7-8 billion rupees (US$98 million) over the 21-day period, according to...
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Hapag-Lloyd changes booking process in India

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Hapag-Lloyd increases rates from Indian Subcontinent and Middle East to US

Rates & Surcharges Container News Team - 0
German ocean carrier Hapag-Lloyd has announced a General Rate Increase (GRI) and General Rate Adjustment (GRA) from the Indian Subcontinent and Middle East to...
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Lloyd’s Register approves Seaspan’s ammonia-powered feeder vessel design

News Ioanna Kontos - 0
Lloyd's Register (LR) has granted Approval in Principle (AiP) to Seaspan Corporation for its innovative dual-fuel ammonia-powered next-generation feeder ship design. Developed by TECHNOLOG, this...
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CMA CGM applies overweight surcharge from Med to East Africa and Comoro Islands

Rates & Surcharges Ioanna Kontos - 0
CMA CGM has announced the introduction of an Overweight Surcharge (OWS) for certain shipments, effective from 18 September 2024, until further notice. The surcharge will...
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Strong dry bulk market fuels 42% drop in ship recycling

Industry Opinions Ioanna Kontos - 0
So far this year, only 45 ships have been recycled, adding up to 2.5 million deadweight tonnes (DWT) or 0.2% of the fleet. Recycling...
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