Page 2 - Container Cargo

Jindal Steel to enter container making biz to address domestic shortages

The company plans to manufacture containers at a price point lower than the landed cost of imported boxes

Trade imbalance causes container shortage; freight rates hit the roof

Fall in imports from China leads to shortage of containers hurting shipping lines, importers and exporters

India's export revival may be under threat. Blame it on container shortage

Global trade is being roiled by a shortage of containers because dire predictions of a collapse this year that prompted carriers to cancel sailings have proved too pessimistic

Container cargo handling at major ports drops about 25% in April-Aug: IPA

In terms of tonnage, the container cargo declined 22.45 per cent to 49.26 million tonnes (MT) during the period

Container cargo handling at major ports down over 30% in Q1 amid Covid: IPA

In terms of tonnage, the container cargo declined 30.11 per cent to 26.34 million tonnes in the quarter

Steps SpiceJet took to shift focus from passengers to products in lockdown

It roughly needs around $5 million to convert a Boeing 737 and around $1.5 to convert a Q400 from a passenger aircraft to a cargo aircraft

Container vessel idling at 1-yr high as Covid-19 pandemic sinks sailing

The highest sailing cancellation since the Covid-19 outbreak was in February, registering a spike of 105 cancellations across Trans-Pacific, Asia-Europe, and the Mediterranean trades.

Tepid economic activity slows cargo growth of ports, railways: Report

Major ports clocked only 1.5 per cent growth during the period as against four per cent growth in cargo throughput in the corresponding quarter of FY19

Share of container cargo to traffic handled by major ports highest in Dec

Increased containerisation demand lifts volumes

Container volumes at non-major ports up 20% CAGR between FY12-17

Container volumes at non-major ports like Mundra, Pipavav, Hazira and Katupalli have registered a combined CAGR of 20 percent to 4.5 million TEUs between 2012-17 as against a meager 2 percent CAGR from 7.7 million to 8.4 million TEUs by major ports in the period under review, ICRA said in its report. Thus, major ports have under-performed in comparison to non-major ports during this period. Overall container volumes at Indian ports registered a CAGR of about 7 percent for the last five years, said ICRA research note."This under-performance can be attributed partly to delays in capacity additions at major ports, especially, on the western coast, where nearly the entire incremental volumes have been absorbed by non-major ports," K. Ravichandran, senior vice-president and group head, corporate ratings, ICRA was quoted as saying.Moreover, non-major port operators have been aggressively wooing the container lines with better rates and service levels. Nonetheless, major ports continue to .