World’s first five-in-one foldable shipping container launched

08 Nov 2024 CW Team

Compact Container Systems (CCS), based in Florida, has introduced the SeaFold HC 40', the world's first five-in-one foldable shipping container. This innovative design aims to streamline operations, reduce empty container movements, and significantly lower carbon emissions in the logistics industry.

The SeaFold 40' addresses a critical issue in shipping: over 20% of ISO containers return empty to their ports of origin. By enabling five folded containers to occupy the space of a single standard 40' HC container, the SeaFold 40' offers a 56% reduction in repositioning costs, an 80% decrease in storage requirements, and up to a 70% reduction in carbon emissions.

"This design revolutionises container management by optimising space and reducing emissions," said Charlie Santos-Buch, CCS Chairman and CEO. "Our containers deliver a safer, more efficient storage and transport system, especially valuable during peak congestion when moving empty containers is essential."

Engineered with top-quality materials, the SeaFold 40' meets all ISO standards and water ingress requirements. Compatible with standard lifting equipment at ports, terminals, and depots, it requires no specialised handling equipment, ensuring seamless integration into existing logistics operations. (ET)

Infrastructure Transport

26 Sep 2026

Mumbai-Ahmedabad Bullet Train’s Surat-Vapi Section Set for 2027

The first section of the Mumbai-Ahmedabad Bullet Train corridor, linking Surat and Vapi, is targeted to begin services in 2027. Construction is expected to be completed by December 2026, while Railway Minister Ashwini Vaishnaw has indicated that an inauguration could take place around the middle of 2027. The National High Speed Rail Corporation (NHSRCL) said the train being manufactured in India is expected to reach the tracks around April or May 2027. The train will undergo extensive testing before the section is opened for passenger services. The project began construction in 2021 and includ..

Indian Railways Approves Four Projects Worth Rs. 7.36 bn Across Four States

Indian Railways has approved four projects with a combined value of Rs. 7.36 bn across Uttar Pradesh, Maharashtra, Andhra Pradesh and Gujarat. The programme covers train protection, signalling, electric traction supply and a road overbridge, with each project assigned to a different railway zone. In Uttar Pradesh, Rs. 2.52 bn has been approved to extend the Kavach 4.0 automatic train protection system across 607.7 km in the Lucknow Division of North Eastern Railway. The system monitors train movements and can apply the brakes if a driver fails to observe a signal or exceeds a safe speed. The w..

Chandru Raheja Sells 1.49% Stake in Mindspace REIT for Rs. 5 bn

Billionaire Chandru Lachmandas Raheja has sold a 1.49 per cent holding in Mindspace Business Parks REIT for Rs. 5 bn through a bulk deal on the BSE. The transaction involved 9.9 mn units and was executed at an average price of Rs. 505 per unit, according to exchange data. Following the sale, units of Mindspace Business Parks REIT were trading 0.18 per cent lower at Rs. 504.05 on Tuesday. Exchange data did not identify the buyers involved in the transaction. Raheja is the chairman of real estate company K Raheja Corp. The sale involved 99,00,990 units, representing 1.49 per cent of the Mumbai-b..