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Maersk and CMA CGM apply PSS to Australia

Two of the largest European shipping companies, Maersk and CMA CGM, will introduce new Peak Season Surcharges (PSS) for sailings with destinations to Australia,...

Hapag-Lloyd suspends India – Bangladesh bookings

The German carrier, Hapag-Lloyd has announced it will temporarily stop accepting bookings from/to Krishnapatnam in India to/from Chittagong in Bangladesh with immediate effect and...

Rising delays in China’s container trade jeopardise global supply chains

As China fights Covid outbreaks in key industrial centers, increasing delays on the country's main trade routes threaten the supply chain. Supply chain visibility platform,...

Major container lines push up Europe and Med rates

Three of the largest container shipping companies in the world, Hapag-Lloyd, MSC and CMA CGM have announced new rates from/to Europe and the Meditteranean,...

Hapag-Lloyd’s H1 profit increases almost tenfold

Hapag-Lloyd has achieved outstanding performance in financial terms during the first half of 2021, as it has benefitted from strong container demand and skyrocketing...

Maersk announces congestion fees worldwide

The Danish liner operator Maersk has confirmed the implementation of congestion surcharges in several ports across the world. In particular, Maersk has announced the following...

CMA CGM applies new reefer surcharges worldwide

The French shipping company CMA CGM has published new rate increases for reefer containers across the world. Firstly, CMA CGM has already set a Port...

Maersk announces schedule updates worldwide

Maersk Line has announced several changes to its services globally, such as blanks sailings, port omissions and route adjustments. Firstly, the Danish carrier has decided to...

Container equipment costs twice the price in the span of one year

Dry freight shipping container prices have skyrocketed in a year to reach record highs, but will decrease in the next years, according to Drewry's...

THE Alliance cancels 12 sailings in August, double the blank sailings of 2M and Ocean Alliance

Over the next four weeks, The Alliance (Hapag-Lloyd, ONE, Yang Ming, HMM) has announced 12 cancellations, followed by 2M (Maersk, MSC) and Ocean Alliance...

Freight rates continue global upward trend

Freight rates continue to rise globally due to several factors, such as the container shortage and the economic pull of the United States, according...

Evergreen buys more containers, re-assigns fleet after profit spike

Evergreen Marine Corporation announced on 6 August that it will buy 10,000 containers from Dong Fang International Container (Hong Kong). The Taiwanese shipping group has...

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