India

India

28 Jun 2022
The Indian Ocean Service, a weekly connection between West India and North Europe, will operate with truncated port coverage on eight upcoming sailings between July and September.
22 Jun 2022
An influx of equipment into the Indian market has caused rates to soften, but sources believe prices will climb again next month as the industry enters the traditional peak demand season.
13 Jun 2022
While MSC’s move is the first known case of new general rate increases, industry sources believe other major carriers active in the India-US trade, notably Hapag-Lloyd and CMA CGM, will follow suit.
03 Jun 2022
Carriers have attempted to improve the supply/demand scenario across Indian trades by scaling up empty container repositioning and adding new services.
26 May 2022
Thailand-based Regional Container Lines is adding a new intra-Asia service out of Ho Chi Minh starting June 22, following the recent trend of expanded capacity to and from Indian ports in response to sustained demand.
17 May 2022
Top carriers operating out of India have revived no-show container fees, which range between $100 and $400 per box but can go as high as $1,000 for low-volume spot customers.
12 May 2022
A work stoppage this week at Colombo in Sri Lanka was just the latest blow to operations at the key transshipment hub, with the ripple effects being felt at other ports in the region.
03 May 2022
The new fiscal year has gotten off to an uneven start for Indian exporters, who are contending with port omissions and schedule rerouting on major strings to Europe and the US.
02 May 2022
Given recent challenges with connections via Colombo in Sri Lanka, carriers are turning to new transshipment options on India’s west and east coasts.
27 Apr 2022
While sustained demand is a factor for the strength on the India–US trade, sources say carriers are playing a “cherry-picking” policy while signing contracts with shippers or forwarders, prioritizing the ones they see as more lucrative partners.
20 Apr 2022
Work on the second phase of the JNPT project was due to begin in December 2019, but slipped to 2022 due to COVID-linked disruption and project approval delays.