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MSC implements new Asia FAK rates

MSC has announced updated Freight All Kind (FAK) rates from Asia to several destinations around the world. Commencing on 1 January until further notice, a...

MSC announces new rate increase in Australia

MSC has announced a hike in Freight All Kind (FAK) rates from India, Pakistan and Colombo to Australia. Effective from 8 January until further notice, all...

Missile attacks threaten global supply chain crisis at Suez Canal: Two boxships attacked, one on fire

Missile and drone attacks by Houthi militia on merchant ships passing through the Red Sea and Gulf of Aden could trigger a global supply...

CMA CGM increases rates from Red Sea to North Europe & West Med

French box line CMA CGM has decided to raise its Freight All Kinds (FAK) rates from Red Sea to North Europe and West Mediterranean. The...

MSC targets oversized Indian freight to use up excess vessel capacity

Container lines -- awash with excess capacity amid muted demand conditions -- are attempting new strategies to lift headhaul loads. Signalling that trend, Mediterranean Shipping...

US ports losing direct access to South America, reports Sea-Intelligence

Even with the underlying services from North America-East Coast South America & West Coast South America unchanged pre- and post-pandemic, the number of total...

ONE strengthens Asia service network

Ocean Network Express (ONE) has decided to enhance its Asia network by introducing a new service and reforming the port rotation of another one. The...

EU ETS surcharges not static

European Union (EU) Emissions Trading System (ETS) surcharges will inevitably evolve as the price of EU Allowances fluctuates, according to Alphaliner’s report. Shipping (all types)...

THE Alliance announces updated service network for 2024

THE Alliance, including Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, has reconfigured its service network setup. The updated services will be effective from...

PIL and DP World partner to develop green supply chain solutions

Singaporean ocean carrier Pacific International Lines (PIL) and Dubai-based port and terminal operator DP World have signed a decarbonisation agreement to jointly develop green...

ZIM vessels divert from Arabian regional waters

Israeli container ships are avoiding the Red Sea region as the conflict in Gaza and the heightened regional tension have increased the risks for...

Northwest Seaport Alliance appoints new COO

The Northwest Seaport Alliance (NWSA), an alliance between the US ports of Tacoma and Seattle, announced the appointment of Jeff Bellerud as Chief Operating...

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MSC adjusts two services

Mediterranean Shipping Company (MSC) announced the temporary suspension of its Pearl service, with no timeline yet set for its return, in response to the...

What could be the impact of the new round of volatility in the Red Sea?

The Red Sea once again is slipping into volatility after Houthi renewed their attacks on commercial vessels, an indicator that the militant group still...

JAXPORT first Southeast port in Premier Alliance service change

Jacksonville Port Authority (JAXPORT) is now the first Southeast U.S. port of call in the Premier Alliance’s revised East Coast 3 (EC3) container service,...

Global bunker prices show average growth

Global bunker indices tracked by Marine Bunker Exchange (MABUX) continued their moderate growth amid signs of relative market stabilization. The 380 HSFO index increased...
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