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ASIAN CONTAINER LINERS
Shipping profit boom evaporates on US tariffs, Red Sea reopeningGlobal shipping giants are bracing for a potentially challenging 2025 due to new US tariffs and the reopening of the Red Sea route. Shippin...
Higher freight costs, container import dependence hurt India’s exports: GTRIIndia needs to boost container production, promote domestic use, strengthen shipping firms, and enhance port infrastructure. High freight c...
Rising freight costs, container shortages threaten exports; need urgent steps: GTRIIndia faces challenges in exports due to rising freight costs, container shortages, and reliance on foreign carriers. GTRI suggests boostin...
Is the global supply chain crisis over? NY Fed says yes, stakeholders in India remain scepticalA recent announcement by the Federal Reserve Bank of New York claims global supply chains are returning to normal levels. However, several ...
'Bad situation': Soaring US dollar spreads pain worldwideAround the world, people are sharing Gamal's pain and frustration. An auto parts dealer in Nairobi, a seller of baby clothes in Istanbul an...
The world economy’s supply chain problem keeps getting worseThe cost of sending a container from Asia to Europe is about 10 times higher than in May 2020, while the cost from Shanghai to Los Angeles ...
How can India save $60 billion in forex every year? Start an international shipping lineIt is an idea whose time has come. A shipping line along with a port-led development model is what can drive India towards economic growth.
Global shipping turmoil expected to calm down by mid-yearShipping firms such as South Korea’s HMM Co. are ordering more containers to address an acute shortage, with cargo stuck at warehouses long...
The global food trade has been upended by a container crisisWhile it’s not entirely uncommon for containers to transit back empty after a voyage, carriers usually try to backfill them to profit from ...
Atmanirbhar Bharat's container quandary: Where India needs to tick the right boxes, and urgentlyIndia has run into a severe shortage of steel boxes — a key lifeline of global trade — at a time when its exports were just about picking u...
Asia virus latest: Japan may declare emergency, Singapore quarantines dormsPrime Minister Shinzo Abe is reportedly set to make the declaration for parts of Japan including Tokyo, as the number of people infected wi...
Ships are skipping China and it’s causing turmoil for tradeThe unprecedented gyrations caused by the virus matter because 90% of all trade moves by sea.
Coronavirus impact: Cruise operators to check past 15-day itineraries of guests, crewCruise cos see a negative impact on bookings for the Far East, at least for 2-3 weeks. Royal Caribbean is implementing several ‘intentional...
What happens when Coronavirus runs rampant on a cruise shipAt sea, with thousands of passengers in close quarters on a ship with self-contained systems, it’s a whole different challenge. Every inter...
- TSA's emergency levy is a case fit for Competition Commission, says WISA
WISA reacts to the recent introduction of Emergency Revenue Charge by the major shipping group TSA. The association’s secretary SRL Narasim...
- Drewry draws a bleak 2009 for shipping
Drewry Shipping Consultants has painted an alarming picture of global shipping in its latest quarterly Container Forecaster. The current ye...
- Container liner business growth declines to 8.2%
The container liner business has shown a downward trend with its growth sliding from 10.4% in June 2007 to 8.2% in the corresponding month ...