Brexit breaking service links Ireland to Europe
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Compagnie Luxembourgeoise de Navigation (CLdN) commenced a new weekly unaccompanied freight service on 24 April linking Ireland and Belgium in a move that will...
China-Europe rail freight bucks Covid-19 trend
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China State Railway Group Company (China Rail) said that container rail freight to Europe grew in the first quarter of 2020 as Chinese manufacturers...
Hapag-Lloyd increases Pacific rates
Hapag-Lloyd will implement the following general rate increase (GRI) in the eastbound trade from East Asia to all US and Canada destinations as of...
OOCL Q1 results a boost for lines or a portent of harder times to come
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Initial results for the first quarter released by OOCL could be seen as a boost to lines, which it is generally agreed have manged...
Covid-19 hits East Asia-Southeast Asia container rates
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Container freight rates on East Asia-Southeast Asia routes have been weakening since March 2020, as the impact of the Covid-19 pandemic on supply chains...
Known unknowns add up to a complex Pacific contract picture
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Complexities in managing annual cargo rate negotiations have been exposed by the Covid-19 virus with shippers and forwarders struggling to understand what cargo commitments...
Savvy lines act to protect cash flow
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Shipping lines have learned the lessons of the substantial fall in demand experienced during the financial crisis in 2008/9 and have managed capacity in...
Shipping lines announce rate changes in May
In light of current market conditions, Hapag-Lloyd has announced that with effect from 1 May 2020 it will increase rates for all cargoes and...
Maersk increases Subcontinent to US and Canada rates
Maersk has announced an increase in rates from Pakistan, United Arab Emirates (UAE) and the Indian Subcontinent to the United States and Canada, effective...
Slovenia cuts port dues amid Koper expansion plans
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An initiative from the Port of Koper and the Slovenian Ship and Freight Agents Association has seen Slovenia’s Ministry of Infrastructure adopt a temporary...
Beibu Gulf develops SE Asia logistics links
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Guangxi Beibu Gulf Economic Zone Planning Construction and Administration Office is striving to increase container throughput along the Beibu Gulf Rim to develop China’s...
Senior lines increase Asia charges
Hapag-Lloyd has announced increased ocean tariff rates from the Mediterranean and Black Seas to East Asia, effective from 1 May 2020. Mediterranean to East Asia Mediterranean...
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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...
Yang Ming constructs new smart container vessels
Yang Ming has unveiled that its ten 2,800TEU container vessels, currently being constructed by CSBC, will receive Smart Ship notations from international classification societies. Starting...
Milano Bridge hits Port of Busan gantry crane
The 13,870TEU container ship Milano Bridge, owned by Mi Das Line SA has collided with a gantry crane at Busan Port, South Korea, which...
PIL admits to financial stress
Pacific International Lines (PIL) boss Teo Siong Seng has admitted on 23 March 2020 that the company is in talks with several creditors, including...
Profits for Wan Hai, loss for Evergreen
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Taiwanese carriers Wan Hai Lines and Evergreen Marine Corporation had different results for the first quarter of 2020, which saw liner operators hit by...
