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Tuesday, February 20, 2024

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CMA CGM applies new surcharges from Europe to India, Middle East Gulf and Red Sea

French ocean carrier CMA CGM announced that it will implement the following peak season surcharges, effective from 1 March. For dry cargo from North Europe,...

CMA CGM introduces Red Sea contingency fee

Marseille-headquartered box line CMA CGM will implement a contingency charge from 1 March due to the additional expenses caused by rerouting services via the...

CMA CGM applies overweight surcharge from India to Africa

CMA CGM notified its customers of a new Overweight Surcharge (OWS) for shipments from India to West and South Africa ports. This surcharge applies immediately...

Red Sea Crisis: Spiralling ocean freight rates from Far East to US may have peaked

The Red Sea crisis sent ocean freight rates from the Far East to the US spiralling by more than 150%, but there appears to...

CMA CGM announces new PSS from Oman to North Europe, Med, Adriatic, Black Sea and North Africa

French shipping company CMA CGM has announced a Peak Season Surcharge (PSS) effective from 13 February 2024, for shipments from Oman's Salalah port to...

CMA CGM announces new rates from West Africa to Algeria

French container line CMA CGM has announced that the latest regulatory constraints for cargo destined for Algeria prohibit any option for transshipment or transit...

Truck and rail dwell time remains steady at San Pedro Bay Ports

Through January, cargo traveling through the San Pedro Bay Port complex and destined for local delivery via truck spent an average of 2.89 days...

Port of Prince Rupert handles 23.5 million cargo tonnes in 2023

In 2023, the Port of Prince Rupert handled 23.5 million tonnes of cargo, translating to a decrease of 5% compared to the volumes recorded...

Container traffic increases at Valencia terminals

According to the January Statistical Bulletin of the Port Authority of València (PAV), there has been a notable 5.11% increase in the volume of...

JAXPORT’s strategic initiatives drive Jacksonville’s cargo growth

During the State of the Port address, Εric Green, the CEO of the Jacksonville Port Authority (JAXPORT), highlighted significant growth initiatives in progress at...

Kalmar to deliver new straddle carriers to Indian Ocean’s Port Réunion

Kalmar and its regional dealer DMP SAS have agreed with Société De Manutention Et De Consignation Maritime (SOMACOM) to deliver three diesel-electric straddle carriers...

Grimaldi buys Italian container terminal

The two co-shareholders of Gruppo Investimenti Portuali (GIP), Infracapital, the infrastructure equity investment arm of M&G Plc and InfraVia Capital Partner, an independent French...

Crew from sunken cargo ship saved as South Korean president steps in

All 11 seafarers on a general cargo ship were rescued by the Korea Coast Guard shortly before their vessel sank, in an event that...

Worker killed as shipbuilding structure topples in HD Hyundai Heavy Industries

A shipbuilding structure weighing 9,000 tonnes came loose at South Korean shipbuilder HD Hyundai Heavy Industries (HHI) on the evening of 12 February, killing...

Fatal assault claims four lives at Greek shipping firm offices

Reports indicate that a tragic incident unfolded at a Greek shipping company located in the southern Athens suburb of Glyfada on Monday, 12 February...

Maersk introduces new digital solution for Air Freight booking

Maersk said that its Air Freight solutions can now be easily booked on its website for 70,000 airport pairs across over 90 countries with...

cargo-partner unveils new air service between Western Europe and Mexico

Global logistics provider cargo-partner strengthens its air consolidation services with a new Frankfurt-Mexico City service. The move is expected to address challenges European exporters face...

Two bulkers collide off Yangtze River, 21 crewmen evacuated

Twenty-one seafarers were evacuated after two bulk carriers collided off Yangtze River in China on 23 January. The incident, which happened around 3.35 am local...

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CN Photo Project: The Picture of the Week

Container News wants to thank you all for your participation in the CN Photo Project. Among all the very beautiful photos we have received, the Container News team has...
Container transportation is now the most popular way of cargo movement and a critical pillar of the global economy, but back in the 1950s,...

Global bunker indices see modest decline

During the sixth week, the Marine Bunker Exchange (MABUX) global bunker indices experienced a modest decline. The 380 HSFO index dropped by US$8.74 to US$507.44/MT,...
Who would have guessed that a collection of three-letter acronyms would have had such an impact on the development of international (and domestic) commercial...

LATEST NEWS

Truck and rail dwell time remains steady at San Pedro Bay Ports

Through January, cargo traveling through the San Pedro Bay Port complex and destined for local delivery via truck spent an average of 2.89 days...

Port of Prince Rupert handles 23.5 million cargo tonnes in 2023

In 2023, the Port of Prince Rupert handled 23.5 million tonnes of cargo, translating to a decrease of 5% compared to the volumes recorded...

The Role Of Big Data In Personalizing Consumer Experience

As we all know that e commerce companies are simply booming and giving their customers more and more options when it comes to online...

What Electronic Music Songs to Listen to While Driving?

Are you going on a journey alone or with your friends or even your family now, thinking about which electronic music songs to play...

Factors to Consider When Selecting Private Equity Portfolio Management Software

As of 2023, private equity, hedge fund, and investment vehicle sectors in the US employed 77,941 people. Success in private equity requires effective portfolio...

PSA partners with HERE Technologies to enhance truck operations in Singapore

HERE Technologies, a major provider of location data and technology solutions, has announced its collaboration with PSA Singapore, the operator of the world's largest...

Transpacific container trade bounces back in the beginning of 2024

Transpacific eastbound box volumes have rebounded by 16.9% in January 2024 and full-year volumes are expected to record positive growth again after falling by...

HHLA faces financial and operational challenges with declines in key performance metrics

German port and terminal operator Hamburger Hafen und Logistik AG (HHLA) recorded a drop in its revenue of 8.3% to €1.447 billion in 2023. Additionally,...

METRANS Group acquires 100% stake in Adria Rail

METRANS has acquired a 100% stake in Adria Rail, less than a year after it took over 51% of the company. Adria Rail is a...

SeaLead, Blue Water Line introduce new Gulf India Express service

SeaLead and Blue Water Line, an Abrao Group Company, will launch a new container service, the Gulf India Express (GIX), aiming to enhance the...

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WEC Lines enhances its reefer container fleet

WEC Lines has decided to enter the refrigerated container market by adding 45ft reefer boxes to its container fleet. The company has added the first...

Crew from sunken cargo ship saved as South Korean president steps in

All 11 seafarers on a general cargo ship were rescued by the Korea Coast Guard shortly before their vessel sank, in an event that...

Red Sea Crisis: Spiralling ocean freight rates from Far East to US may have peaked

The Red Sea crisis sent ocean freight rates from the Far East to the US spiralling by more than 150%, but there appears to...

Wan Hai and ONE launch joint service to link Asia with US West Coast

Taiwan's ocean carrier Wan Hai Lines has announced the revamp of its Asia-Pacific Service (AP1), to enhance its current network on the United States...

Houthi missiles hit Greek ship

Lycavitos, a Greek-owned supramax bulk carrier, operated by Helikon Shipping Enterprises, was damaged by Houthi missiles in the Gulf of Aden yesterday (15 February)...

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As we all know that e commerce companies are simply booming and giving their customers more and more options when it comes to online...