E Commerce Giant faces strike by employees in USA just before Christmas
The unionised employees of Amazon have declared strike on 19th December siting issues of low wages and tough working conditions. Presently they have stopped wo ...
Trumps Wins- Impact on USA Supply Chain
Contents Expected impact on exports from USA Expected impact on imports to USA Impact on Global Trade Analysis of his first term of presidency ...
Maersk expected profit increased 5th time for 2024 – SIGN OF OCEAN FREIGHT INCREASE
This year has seen major supply chain disruptions, Ocean freight uncertainty and with all these challenges its for 5th time, Maersk has made statement of incre ...
MSC to acquire Wilson Sons for $ 768 million
On 21st Oct, Wilson Sons stated it is selling 56% of its share to MSC for $768 Million USD. SAS( Shipping Agency Services), a MSC subsidiary will be buying ...
Record of handling highest number of containers on a ship at Vizhinjam Port.
Recently on 27th Sept, Vizhinjam port made a record by handling highest number of containers on a vessel – 10,330 containers. The vessel was MSC ANNA w ...
Blast on Chornomorsk Port, Ukraine
On 8th Oct A vessel in Chornomorsk port was hit by missile. Vessel name is Shui Spirit, it is a Panama Flagged containership. The vessel is giving a feeder ...
India Exports – Ocean Freight reduction for Oct ’24
Below is a short Analysis for 20’ containers and the rates are as per market feedback which might vary as per spot and other factors. For Oct 2024 – The ...
Current situation at Red Sea – US Navy attacks on 15 Houthi locations on 4th Oct.
Recently on 1st Oct, vessel Cordelia Moon has been attacked by several missiles at Red Sea near Yemen by Houthi Rebels. The vessel sustained damage but the ...