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Hapag-Lloyd increases rates from North Europe

Hapag Lloyd increased its ocean tariff rates from North Europe to India, Pakistan, Red Sea, and the Arabian Gulf. This update will apply for all...

FAK rate hike fuels jump in long-haul freight rates

Long-haul freight rates pushed up for the second straight week ahead of the 1 November hike in freight-all-kinds (FAK) rates, supported by capacity withdrawals. The Shanghai Containerised...

Not so festive season for forwarders

Christmas has arrived, but not for US freight forwarders, who have seen volumes and demand crash with no peak season to speak of and...

Kuehne+Nagel reports 9M net turnover over US$20 billion

The Kuehne+Nagel Group announced its financial results for the first nine months of the year (January to September 2023). The company reported almost doubled earnings...

CMA CGM increases rates on Transatlantic trade

Due to the "unsustainable rate levels" reached on the Transatlantic trade, French ocean carrier CMA CGM announced adjustments on its rates, effective from November...

Chinese ports move over 230 million TEUs in 2023 9M

From January to September 2023, the cargo volume of Chinese ports was 12.540 billion tons, translating to a year-on-year increase of 8.5%, while the...

Hapag-Lloyd increases rates in Jebel Ali

Hapag-Lloyd has announced increased ocean tariff rates from the port of Jebel Ali in UAE to North and South Europe and North Africa. This price...

Ex-Maersk Honam to convert to methanol

Maersk Line is continuing with its strategy of transitioning its fleet to methanol with the announcement that one of its H-Class vessels, Maersk Halifax,...

APM Terminals appoints new chief operating officer

Olaf Gelhausen will join APM Terminals as chief operating officer (COO) on 15 November 2023. He will be in charge of all COO duties,...

ONE launches new Indian Ocean Mediterranean service

Singaporean container line Ocean Network Express (ONE) announced the new Indian Ocean Mediterranean service (IOM). This new product connects India, Pakistan and the Middle East...

OOCL’s parent company changes CEO

Orient Overseas International Limited (OOIL) said that Huang Xiaowen has retired as executive director and CEO of the company, and is no longer a...

Stymied lines face several years of pain, says Drewry

“Snookered” shipping lines face up to four years of losses as weak demand, ordering and a lack of demolitions have led to overcapacity, low...

Latest Posts

Flinders Port Holdings announces $350 million investment

Flinders Adelaide Container Terminal (FACT) is poised for a major transformation with an investment exceeding $350 million to boost its capacity and operational efficiency....

Port of Hamburg to invest €1.1 billion

Hamburg embarks on a transformative €1.1 billion investment in its port infrastructure, with a focus on expanding and modernising operations at the Waltershofer Hafen,...

Volatility returns to the Red Sea after new Houthis attack

In July 2025, the Red Sea remained a focal point of conflict driven by Houthi rebel activities, with significant military and economic implications. On July...

ABB and Royal Caribbean Group sign 15-year fleet service agreement

ABB has signed a 15-year fleet-wide service agreement with Royal Caribbean Group, expanding a decades-long partnership and reinforcing ABB’s role in advancing maritime performance...

How to Use a Freight Shipping Calculator Effectively

Today, the process of shipping is way more complicated than moving items from one place to another. Seeking the best possible routes and transport...
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