Page 5 - Shipping Ports

'Containergeddon': Supply crisis drives Walmart, rivals to hire own ships

Aim is to bypass log-jammed ports and secure scarce ship space at a time when Covid-19, as well as US-China trade ructions, equipment shortages have exposed fragility of globe-spanning supply lines

China trade unexpectedly surges to new records on strong US, EU demand

The pickup came despite disruptions at China's second-largest port last month due to fresh virus outbreaks, which caused congestion and pushed up shipping costs

Adani, Essar and DP World in race to develop Rs 2,500-crore ports

The tenders of VO Chidambaranar Port Trust and Paradip Port have received interest from Adani Ports and Special Economic Zone, Dubai government-owned DP World, Essar, and others

Stranded and shattered seafarers threaten global supply lines

The Delta variant devastating parts of Asia - home to many of the world's 1.7 million commercial seafarers - has prompted many nations to cut off land access to visiting crews

Adviser Glass Lewis flags risks from Adani 'unconscionable conduct'

Glass Lewis has recommended shareholders vote against reelection of a member of Adani Enterprises' risk committee after a court criticised "unconscionable conduct" in its Australian port business

India's Covid crisis hits work at ports as risk to global trade grows

The situation may echo global trade disruptions seen last year after virus restrictions slowed shipments into China

Gain for shipping players as Baltic Dry index touches 10-year high

Shipping Corporation of India, Great Eastern Shipping, Tolani Shipping, and Essar Shipping are into bulk carriers along with other segment fleets in the domestic market

Suez Canal shipping backlog ends, days after giant vessel freed

The last 61 ships, out of 422 ships that were queuing when the vessel was dislodged on Monday, passed through the vital trade artery on Saturday

Traffic congestion eases further in Suez Canal after ship unblocked

The traffic congestion caused by a cargo ship that blocked the Suez Canal for nearly a week continued to ease on Friday

Container vessels to India will lose time window due to Suez traffic

Some bunching at Chennai and JNPT, bulk and liquid vessels to be less impacted

Chinese ports hit capacity as coronavirus tests slow clearing: Shippers

China stepped up inspections of imported food last month after an outbreak of the coronavirus among people working at and visiting a major food market in Beijing

iPhone maker Foxconn says customs clearing procedures in India resolved

Foxconn's customs clearance for cargo logistics in India has been resolved and all local regulatory procedures have been complied with, Foxconn said in a filing to Taipei stock exchange

Kolkata Port Trust registers 13 Covid-19 cases, including three staffers

Port has been holding video conferences with unions, discussing steps taken to contain Covid-19

Hope shipping rules extended to minor ports

Some shipping lines or their agents did not feel bound by the advisories, leading to complaints from the importers and exporters

Better to file bill of entry before arrival of vessel, say expert

It is always desirable to file the bill of entry well before arrival of the vessel and get the assessment through

Lockdown impact: Imported raw material scarcity hits FMCG goods production

Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging

Truck movement, ops at 3 Adani-run ports in Gujarat disrupted: Report

There was no truck movement at three Adani ports in the state of Gujarat on the west coast, Mundra, Dahej and Tuna, the report said

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

Major ports show muted growth in cargo as thermal coal volume slides 15%

Visakhapatnam port upstaged others in cargo throughput growth, recording 10.98 per cent increase