Maritime

Container companies buy into other parts of the supply chain, including warehousing and distribution The wonders — and absurdities — of globalisation were thrust into the spotlight last month when a ship built in Japan, insured in the UK, flying a Panamanian flag and manned by an Indian crew wedged itself across one of the world’s busiest waterways, adding further strain to supply chains that have been tested to the limit during the pandemic. Yet global trade, though disrupted, did not grind to a halt. Instead, vessels that ordinarily would have passed through the Suez…

The state government gives green signal for a much-awaited cargo shipping promotional programme connecting the Vallarpadam ICTT with the Beypore Port. The move of the State government to give green signal for a much-awaited cargo shipping promotional programme connecting the Vallarpadam International Container Transshipment Terminal (ICTT)with the Beypore Port has kindled fresh hopes among importers and exporters from northern Kerala districts. Entrepreneurs in the sector hope that they will be able to save a huge amount now being spent as road freight charges. Based on the latest ministry-level discussions, a blueprint will be prepared by…