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Taiwan lines battle historical debt

Yang Ming and Wan Hai lines are looking at solving shortfalls in company finances in differing ways as the carriers’ report struggle with historical...

Linking the supply chain with common standards, Part Two

Last week the link to the supply chain discussion concluded with the deliberations over semantic interoperability, the second element of that discussion was technical...

Shipper anger as THE Alliance adjusts November schedules on higher rates

Confidence is being "eroded" and the relationship between the shipping lines and their customers is becoming increasingly strained according to the European Shippers' Council...

CMA CGM vessel grounded in Suez Canal

The 9,200TEU CMA CGM Missouri has grounded in the Suez Canal. The 300m vessel has a draught of 14.4m left Port Said on 13...

Far East-Australia demand pushes rates to levels not seen for a decade

Container freight rates from East Asia to Australia have reached a 10-year high, rising to over US$1,648/TEU as of 9 October 2020, according to...

Covid-19 and China demand sends ripples across global reefer trades

Demand for reefer equipment has been caused by a substantial demand increase in China where production for certain foods has crashed, causing a 40%...

South America West Coast rates triple in September

Spot rates between Asia and South America west coast have nearly tripled in the space of a month making it the hottest trade lane...

South Africa’s cargo theives target fuel, food and medical supplies

A cargo theft report conducted over the first half of this year reveals the growing risk to medical supplies and food as the prolonged...

Maersk Line expects solid Q4 amid job cuts and soaring income

Initial third quarter results show that A.P. Moller - Maersk has boosted its revenue while volumes fell 3% on last year’s figures with the...

Major Chinese ports agree to implement crew change rules

Ten major Chinese ports will resume foreign crew change operations, according to seven Chinese governmental bodies including the ministry of transportation (MOT), reported BIMCO. Despite...

Pacific shippers pray for softening rates

Shippers feeling the anxieties from unprecedented trading conditions are hopeful that the flattening spot rate curve after Chinese ministry of transport and the US...

Felixstowe authorities respond to haulier’s complaints

The Port of Felixstowe in the United Kingdom (UK) has responded to growing criticism of its cargo operations and its vehicle booking system (VBS)...

Latest Posts

Global bunker prices on downward trend

Global bunker indices tracked by Marine Bunker Exchange (MABUX) fell sharply in the 26th week of the year, driven by expectations that a ceasefire...

Mawani signs privatization contracts for cargo terminals at eight Saudi ports

In a major step toward advancing Saudi Arabia’s logistics infrastructure, the Saudi Ports Authority (Mawani) has signed privatization contracts for multipurpose cargo terminals at...

What Makes a Good Personal Injury Lawyer?

A good personal injury lawyer can be an invaluable ally, guiding you through the legal complexities and fighting for the compensation you deserve after...

Greening biopharma supply chains with sustainable shipping solutions

The biopharma industry is increasingly focusing on sustainability, driven by a global push towards eco-friendly practices. As environmental concerns rise, companies are urged to...

Maersk takes legal action against Brazil’s rules on bidding for major Santos Port terminal

Maersk is taking legal and strategic action to challenge Brazil’s bidding restrictions for a massive new container terminal at Latin America’s largest port, the...
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