Panama Canal Adds Auctions for Idle Ships Amid 'Indefinite Delays'
While container ships have largely been unaffected by the congestion, wait times have dramatically increased for non-booked vessels.
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While container ships have largely been unaffected by the congestion, wait times have dramatically increased for non-booked vessels.
Cochin Shipyard Ltd (CSL), the largest shipbuilding and maintenance facility in India, has ordered 2 × 2 × MAN 12V175D-MEV variable-speed GenSets in c...
SITC International Holdings Company Limited (OTCMKTS:SITIY – Get Free Report) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 1,400 shares, a drop of 54.8% from the October 15th total of 3,100 shares. Based on an average trading volume of 1,600 shares, the […]
The main problem appears to be supply and not demand. Danish shipping giant Maersk expects global container volume to decline this year.
In an era where global trade is the linchpin of economic vitality and sustainability, RACO Investment navigates the intricate fabric of container shipping, fortifying the veins through which commerce flows globally. Unveiling innovations and strategic frameworks, RACO ensures that the backbone of international trade not only stands robust but also evolves to navigate the complex, dynamic financial and logistical landscapes of the global market. Container Shipping: The Pulse of Global E...