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Wednesday, April 1, 2020

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Lines slash 20% of Asia-Europe capacity

Shipping lines operating on the trades between Asia and Europe have announced 45 blank sailings within the last week with the 2M Alliance cutting...

Hapag-Lloyd announces new rates in key regions

Hapag-Lloyd has announced an increase in the ocean tariff rate for all cargoes in 20’ and 40’, including High Cube, containers on the Eastbound...

Maersk updates PSS rates from Europe to Asia

Maersk is revising its peak season surcharge (PSS) for all reefer cargo from Italy to Asia effective 1 April 2020. The revised tariff amount is...

Hapag-Lloyd adjusts GRI from Canada to East Asia

Hapag-Lloyd has adjusted the announced General Rate Increase (GRI) ex Canada only to East Asia destinations to US$100/TEU. This increase will be applicable for...

MSC announces new Gdynia rates

MSC Mediterranean Shipping Company S.A. has announced the following freight rates as from 16 April 2020 until further notice but not beyond 16 May...

CMA CGM announces new Romania surcharge

CMA CGM has announced a new peak season surcharge (PSS) applicable as follows from 15 April 2020 (date of loading in the origin ports)...

Hapag-Lloyd increases rates from East Asia to US & Canada

Hapag-Lloyd will implement the following General Rate Increase (GRI) in the eastbound trade from East Asia to all United States and Canada destinations as...

Kalmar to equip terminals in Mexico and Panama

Kalmar has signed two separate orders with SSA Marine to supply a total of 36 Kalmar Ottawa T2 terminal tractors. The first agreement for 12...

Port of Cork faces Covid-19 challenges, retaining normal operations

The Port of Cork, Ireland’s second-largest port, confirmed on 20 March that its freight operations are continuing to operate and that its arrivals schedule...

The coronavirus pandemic challenges Japan

In the first two months of the year, a total of 277,045TEU were traded between South Korea and Japan in January-February, decreasing 9.3% year...

Container activity jumps at Port Houston

Container activity at Port Houston climbed 29% in February compared to the same period last year, while blank sailings in the month of March...

Georgia ports adds new container storage space

The Port of Savannah has announced that it is bringing online 400,000TEU of annual container capacity at just the time when many port customers...

APMT Poti gets land usage permit green light

APM Terminals Poti has said it appreciates the timely approval received from the Ministry of Economy and Sustainable Development for the first-stage land usage...

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MABUX bunker index – 1 April

Oil companies are telling investors that they will cut spending in what the UK newspaper The Guardian calls “the most brutal oil market rout...
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LATEST NEWS

Kalmar to equip terminals in Mexico and Panama

Kalmar has signed two separate orders with SSA Marine to supply a total of 36 Kalmar Ottawa T2 terminal tractors. The first agreement for 12...

Hapag-Lloyd adds void sailings due to the coronavirus

Hapag-Lloyd has announced that additional measures are being implemented on the IG1 service as a result of the low demand due to the current...

MABUX bunker index – 1 April

Oil companies are telling investors that they will cut spending in what the UK newspaper The Guardian calls “the most brutal oil market rout...

CEVA supports COVID-19 pandemic fight

CEVA Logistics says it has delivered significant additional volumes on behalf of numerous customers around the world to help its customers through the Covid-19...

Hapag-Lloyd announces new rates in key regions

Hapag-Lloyd has announced an increase in the ocean tariff rate for all cargoes in 20’ and 40’, including High Cube, containers on the Eastbound...

Lashing rules upgrade imperative for container industry

In September 2009 the Dutch ship model testing basin, Marin, published a comprehensive report called [email protected], detailing the issues with container lashing as a...

Covid-19 crisis forces THE Alliance to blank more sailings

Due to the unprecedented nature of the Covid-19 pandemic and the forecast sharp downturn in demand, members of THE Alliance, Hapag-Lloyd, HMM, Ocean Network...

Port of Cork faces Covid-19 challenges, retaining normal operations

The Port of Cork, Ireland’s second-largest port, confirmed on 20 March that its freight operations are continuing to operate and that its arrivals schedule...

MSC unveils new programme to meet Asia demand

​MSC has developed a Suspension of Transit (SOT) container shipping programme to prepare for a recovery in demand for freight services once the impact...

More container links to China’s Liaoning province

Liaoning Port Group has opened 14 container routes connecting Dalian port with Southeast Asia, as it continues to work on moving cargoes from the...

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PIL admits to financial stress

Pacific International Lines (PIL) boss Teo Siong Seng has admitted on 23 March 2020 that the company is in talks with several creditors, including...

PIL continues ship sales with Wan Hai Neo-Panamax deal

Pacific International Lines (PIL) continues to sell container ships amid talk of financial pressures at the Singapore-based liner operator. On 2 March 2020, Taiwanese carrier...

Kuehne + Nagel and XPO Logistics agree for UK contract logistics portfolio

Kuehne + Nagel has entered into a definitive agreement to sell a major part of its United Kingdom contract logistics portfolio to XPO Logistics. The...

Lines race to reposition empties as China returns to work

The impact of the Covid-19 virus on the supply is waning fast according to Sea-Intelligence’s latest Spotlight newsletter, with the race now on to...

Inactive container ships at all-time high

The number of unemployed container ships is now at an all-time high, due to the COVID-19 outbreak and the delay in scrubber installations at...

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