Major box carriers to raise peak-season levy for India-US trades
After a brief gap that has seen some signs of freight rate softening and corrections, container lines actively operating on India-US trades are looking...
Downward pressure on rates: demand or supply driven?
Given the recent decline in spot rates (below what could be explained by normal seasonality), maritime data analysis company Sea-Intelligence sought to answer a...
ONE implements weight discrepancy surcharge in Asia-Europe trade
Ocean Network Express (ONE) has announced the imposition of a new penalty fee in case of incorrect declaration of cargo details at the time...
“Continued spot rates decrease seen as positive measure to curb inflation,” reports Shifl
The consumer demand for retail has been steadily declining in recent months due to rising prices despite the increase in commodity prices, according to...
Freight rates drop for Indian shippers, but fresh hikes loom amid schedule disruptions
Average container freight rates for trades out of India have significantly tapered off this month, versus the levels maintained by major carriers in May,...
Indian exporters see fresh GRI notices after brief market stability signals
After a brief period of calm that has seen some sort of freight rate stability, container carriers have begun to hit the Indian market...
Shippers fear higher freight costs due to carbon tax
Fear prevails in the Global Shippers Forum (GSF), the global business organisation which represents cargo owners exporting and importing to international supply chains. The reason...
Shifl sees possible further reduction in freight rates
Freight rates, and especially the spot market ones, have fallen sharply since the beginning of the year, driven by declining consumer demand in the...
MSC applies rate increase from Italian ports to America
The Italian/Swiss box carrier Mediterranean Shipping Company (MSC) has announced new increases in freight rates from Italian ports to the ports of New York,...
Shipping agents threaten to stop carrying cargoes to and from Sri Lanka
Shipping agents in Sri Lanka have warned that shipping lines could stop accepting import and export cargo to and from Sri Lanka as they...
CN analysis: Indian shippers get a break from rate hikes on major trades
The trend of container freight rates stabilising or softening on larger trade routes out of India that became somewhat evident in April has continued...
San Pedro Bay ports likely to implement container dwell fee soon, warns Maersk
Maersk believes that the Biden Administration is likely to proceed with the implementation of the "Container Dwell Fee" on all long-dwelling cargo at Los...
Most Popular
High speed and compromised manoeuvring caused Milano Bridge accident
The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...
Singaporean state investment firm Temasek mum on PIL bailout
The Singapore government’s investment company Temasek Holdings is remaining tight-lipped on market talk that it may take a stake in embattled liner operator Pacific...
Chinese shipyards win giant container ship order
Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...
MSC Rosa M damages Mumbai crane
The 14,000TEU MSC Rosa M has hit and seriously damaged a crane at the DP World terminal in Nhava Sheva, NSIGT in Mumbai, while...
Taking the personal view for crew working on container shipping
Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...
