Page 3 - Container Vessel
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
Kolkata Port Trust receives Rs 20 cr dues by selling Russian vessel
The ship was arrested under the jurisdiction of the admiralty bench of the Calcutta High Court on the day of its sailing from the HDC in 2017 for not paying dues
 "Kolkata Port Trust receives Rs 20 cr dues by selling Russian vessel")
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.
 "Container vessel idling at 1-yr high as Covid-19 pandemic sinks sailing")
Lockdown: Metal scrap importers risk losing Rs 80,000 cr to shipping lines
Industry sources said that over 250,000 containers are stranded at Indian ports on account of the complete lockdown enforced to check the spread of Covid-19 pandemic
 "Lockdown: Metal scrap importers risk losing Rs 80,000 cr to shipping lines")
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
Covid-19: Icra outlook on bulk, container, offshore negative in near term
Tanker freights see upside as falling oil prices come to rescue
 "Covid-19: Icra outlook on bulk, container, offshore negative in near term")
Container volumes to stay muted on subdued export-import ambience
Owing to pressure on profitability and the need for better and wider network, the port logistics industry has seen consolidation trends in the last one year
 "Container volumes to stay muted on subdued export-import ambience")
Hindalco betting on packaging, transport container segment, says official
As part of entering the packaging business, Hindalco recently partnered with the Jute Corporation to make recyclable packaging material
 "Hindalco betting on packaging, transport container segment, says official")
PM to greet India's first container vessel on inland waterways in Varanasi
The PepsiCo cargo will be the first container movement on inland waterways in the country
 "PM to greet India's first container vessel on inland waterways in Varanasi")
