Blog / Apr 2012

In the time period of April-February, 2011-12, cargo traffic between India’s 12 busiest ports grew 1.59% from the same period the year before. In total, 510.8 million tonnes of cargo passed through the aforementioned Indian ports. Specifically, the coal industry saw a cargo growth of 9.4%, while container cargo and fertilizer cargo grew 6.7% and [...]

French shipping group CMA CGM reported its 2011 earnings on the company’s website earlier this week. The company, which is the world’s third largest shipping group, reported revenue of $14.87 billion- a 4% increase from 2010. Its cargo volume increased 11% as the company handled a new record of 10 million twenty-foot equivalent units (TEUs). [...]