India-US container GRIs pushed back as demand falters
Container lines seem to be shelving plans to implement fresh rate increases on the India-US ...
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINA
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINA
Strong winds and heavy rain have caused three container cranes to collapse at the Jawaharlal Nehru Port Trust in Mumbai. The port had suspended operations because of the weather, and no one was injured.
The port has been unable to survey the damage, according to Business Standard, but a source at the port said they were more concerned with checking that the other six cranes are functioning properly as ships are scheduled to arrive. You can see images of the collapsed cranes here.
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