PORT OF ANTWERP BRUGES
Antwerp-Bruges port eyes bigger India share as cargo volumes dip, bets on green hydrogen
Europe's second-largest port, Antwerp-Bruges, is actively pursuing increased Indian exports. The port aims to become a future gateway for green hydrogen imports. This initiative comes as cargo volumes between India and Antwerp have seen a decline. Officials are investigating the reasons behind this trend.
Container shipping rates snap weeks of gains as restock rally fades, snarls ease
The Drewry World Container Index composite of eight major trade lanes dropped 2.2% to $5,806 for a 40-foot unit, snapping a 12-week-long advance, according to figures released Thursday.
Ports in Europe lure investors into clean energy gateway plan
The hydrogen plants located in Rotterdam would be linked to refineries at the port via a pipeline network which would be worth nearly €1.5 billion.
Russia-bound Jindal Stainless containers stuck at port of Antwerp
The containers were sent in February 2022 for shipment via Antwerp, but were held up because of EU sanctions imposed on Russia after it invaded Ukraine the same month.
