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ICRA reports road logistics sector is to grow up to 9% in FY2023

The growth of the domestic road logistics sector will continue its growth momentum in FY 2023, supported by the accelerated pace of business activity after…
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Sea- Intelligence reports around 50% of overcrowding has been resolved

As schedule reliability gradually improved in August 2022 and ship delays followed, the global fleet unavailable due to these delays fell to 7.9 percent, according…
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Asia-US container charges continue to drop, nearing pre-pandemic levels as imports slow

The rates for shipping containers to the US from East Asia and China continue to drop, and are nearing the levels witnessed at the start…
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China’s cargo tariff drops to ‘reasonable level,’ reports data from China Federation of Logistics and Purchasing

The data from the China Federation of Logistics and Purchasing (CFPL) shows that China Sea freight rates have reverted to a reasonable level from record…
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WasteFuel to Develop Environment-Friendly Green Methanol

With the demand for environment-friendly fuel for shipping getting louder, WasteFuel, a bio-refinery developer is coming up with a new way to create green methanol…
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Suez Canal to Increase Transit Tolls in 2023

The toll for vessels using the Suez Canal is set to rise by 15% next year with the exception of dry cargo and cruise ships…
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