Page 2 - Container Shipping

JNPT reports 40.4% growth in container traffic in H1 FY22

The country's premier container port JNPT has reported 40.40 per cent growth in container traffic at 2,703,051 TEUs in the first half of the fiscal, according to a release on Monday.

Indian exporters allege global shipping companies are forming cartels

Ask govt to regulate them, bat for a larger Indian shipping company

Signals through the fog

Logistical disruptions are pushing apparent demand away from real demand, exacerbating the bull-whip effect

One stuck box of fertiliser shows the global supply chain crisis

From the US to Sudan to China, container boxes have been lying at ports, railyards and in warehouses as the pandemic rages on

Exporters likely to move CCI on 'cartelisation' in shipping industry

Based on estimates of the Directorate General of Shipping, the country has seen a 15 per cent fall in the supply of containers in 2021 for various reasons

Special train with 180 shipping containers to arrive in Rajasthan

In view of shortage of containers in Rajasthan amidst the pandemic, a special train carrying 180 shipping containers from Mundra port in Gujarat will arrive here on Saturday. This is for the first time that double-stack container train is arriving in Jaipur for the Inland Container Depot of Rajasthan Small Industries Corporation Limited (RAJSICO), an official said. The train has been flagged off from Mundra on Thursday and shall arrive on destination by Saturday. The train will be carrying empty containers for timely assistance for the local export-related businesses. The disruption caused by the COVID pandemic has resulted in a shortage of shipment containers in Rajasthan. This has directly affected the exports. The double-stack train will help address the shortage issue. "Rajsico is working towards assisting small industries in the state with exports and with the commencement of the double stack train the process shall gain further momentum," Rajesh Sharma, managing director, ...

Supply lines at risk as shipping containers topple over at alarming rate

Millions of dollars of cargo sinks to the bottom of oceans as pressure to speed deliveries raises the risk of safety errors.

Lesson on French forest lake: How not to get stuck in the Suez Canal

A replica in the middle of a French forest was built to train ship captains and maritime pilots how to navigate the Suez Canal

Why the world's container ships grew so big

As global trade has grown, shipping companies have steadily increased ship sizes - but the Suez Canal blockage showed that bigger is not always better

Suez Canal authority expects 140 more ships to pass through the waterway

Egyptian President said the Ever Given's grounding had drawn attention to the importance of the waterway for global trade

Received no compensation claims: Japanese owner of Ever Given ship

UK P&I Club has said that it was the protection and indemnity insurer for the Ever Given

Giant container ship blocking Suez Canal finally freed after 6 days

Data estimates say it could take more than 10 days to clear the backlog of ships with more than 367 vessels piled up on either end of the canal

Oil price falls 1% after container ship blocking Suez Canal refloats

Prices also dropped as fuel demand in Europe remained weak after countries renewed lockdowns to curb a new wave of coronavirus infections.

A ship stuck in Suez

On Tuesday morning, the container ship Ever Given ran aground while navigating the Suez Canal. It swung sideways, blocking almost the entire channel. It hasn't been refloated yet

Suez Canal stays blocked despite efforts to dislodge massive container ship

The incident has left dozens of vessels gridlocked as they attempted to transit between the Red Sea and Mediterranean

Severe container shortage pushing up exporters' cost of doing business

This is an unusual imbalance caused by the lag in the revival of domestic demand following the Covid-19 lockdown

Container non-availability a challenge for export sector currently: FIEO

Non-availability of containers for the export sector is causing a concern for meeting delivery commitments of foreign buyers, apex exporters' body FIEO said on Wednesday

Covid-19: Icra outlook on bulk, container, offshore negative in near term

Tanker freights see upside as falling oil prices come to rescue

Secondary metal producers crumble under lockdown, shipping cos add to woes

Scrap imported at lower prices stuck at ports, finished goods lying at factories with no transport available; shipping firms make hay by charging huge sums for storage at ports

2018 seen tough for cargo shipping as overcapacity threat heightens

With more than 220 container ships scheduled for delivery in 2018, realisations of container shipping lines across globe are expected to come under pressure next year due to oversupply."2018 is going to be a tough year for container shipping lines as some players are acting bullish and adding capacities which could put freights down in coming months," Audrey Dolhen, managing director of French shipping line CMA CGM Agencies (India) Pvt Ltd told Business Standard.2017, however, has been a market of improvement for container business segment, said industry officials as cargo demand picked up across globe this time with trade showing some upside. "Container shipping lines will have to act with caution next year as any kind of aggression in adding capacity will only hurt business," said Subrata K Behera, manager (ports and containers research) at Drewry, a UK-based maritime consulting company.For India, however, the impact is expected to be minimal as select bulk commodities are also ...