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Contecon celebra 8º Aniversario con 6 millones de TEU operados

Contecon celebra 8º Aniversario con 6 millones de TEU operados
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Refrigerated container shortage leads to scaling up of reefer service

Refrigerated container shortage leads to scaling up of reefer service
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India's COVID Stimulus Measures: Indirect Relief, Short-Term Goals

India's COVID Stimulus Measures: Indirect Relief, Short-Term Goals
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Now, traders will end up paying more to export goods to global destinations

Now, traders will end up paying more to export goods to global destinations
June 25, 2021
Shipping lines to hike surcharges by up to $1,500/ TEU
At a time when exports appear to be the only saving grace for the Indian economy, exporters are being forced to shell out more to ship goods to global destinations.
Shipping lines have announced surcharges due to the continued global disruptions in container trade following congestion at various ports. The proposed increase is between $500 and $1,500 per Twenty-foot equivalent unit (TEU), depending on the destination.
Effective July 7, shipping rates from Nhava Sheva, Mundra, and Hazira ports to Mediterranean will see a rate increase of $500 per TEU, said an Hapag Lloyd advisory. At present, it costs $2,800 per TEU to Barcelona – a $500 surcharge would mean an 18 per cent increase in shipping cost. ....

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Patriotic Entrepreneurs of Liberia, Partners Initiate Working Group to Combat Challenges Impeding Trade

Patriotic Entrepreneurs of Liberia, Partners Initiate Working Group to Combat Challenges Impeding Trade
Patriotic Entrepreneurs of Liberia, Partners Initiate Working Group to Combat Challenges Impeding Trade
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Monrovia – The Patriotic Entrepreneurs of Liberia (PATEL), in collaboration with several of its partners has set up a working group to address challenges holding back trade efficiency in Liberia.
The working group, set up at the just ended Liberia Trade Facilitation Forum held in Monrovia under the auspices of PATEL, was organized to address diverse challenges and bottlenecks through the creation of a framework for reducing trade cost.
PATEL is made of Liberian small businesses and entrepreneur groups envision to promote economic self-reliance, capacity development, trade, and general advocacy for the business community. ....

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