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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...

Booking cancellation charges hit Indian shippers as rate levels stabilise

Container lines covering Indian trades have begun to penalise customers, and more severely spot customers, for failing to fulfill their bookings as committed. These charges...

Drewry expects spot rates to remain stable in the near future

Drewry’s composite World Container Index decreased by 0.9% to US$7,657.20 per 40ft container the week of 12 May 2022, compared with the previous week's...

CMA CGM implements hazardous surcharge of US$2,800/box in Chile

Marseille-based ocean carrier CMA CGM has announced a new hazardous surcharge, which is effective from 10 May (loading date). The French box line said the...

Sharp drop in transit times and US spot rates, reports Shifl

The US GDP fell by 1.4% in the first quarter of 2022, which does not leave unconcerned the economists and the analysts. Vibrations were making...

Australia’s shipping bodies stress “unreasonable container fees”

Freight & Trade Alliance (FTA) and the Australian Peak Shippers Association (APSA) have announced they have received extensive examples from members highlighting the "unreasonable...

India on the front foot amidst global shipping disruption but dip in freight rates “temporary”

April ended with a cheer among the Indian shippers as prices of shipping containers across major ports of Nhava Sheva (Mumbai), Chennai and Mundra...

Xeneta CEO, Berglund: “It’s a position of power the carriers have no desire of relinquishing”

April saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up...

Freight rate analysis for Indian shippers reflects easing signs on some trades

An analysis of container freight rates on trades out of India in recent weeks suggests a market correction on the horizon, at least on...

CMA CGM applies overweight surcharge on China to Nigeria trade

French carrier CMA CGM has announced that an overweight surcharge (OWS) is effective from 19 April 2022 (loading date) from China to Nigeria. In particular,...

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A major milestone was reached in European port logistics on 8 July, as Liebherr officially handed over its 2,000th mobile harbour crane, to steel...

Barcelona Port kicks off first Shore Power Project

The Port of Barcelona has officially launched its first Onshore Power Supply (OPS) project for cruise ships, marking a major step in its wider...

Researcher urges caution for South Korean shipbuilders eyeing tie-ups with US peers

The Export-Import Bank of Korea (KEXIM) is calling on the country's shipbuilders to assess the risks before working with US shipbuilders. KEXIM’s Overseas Economics Research...

Hiab set to finalize sale of MacGregor

Hiab Corporation is moving forward with the final stages of its planned divestment of MacGregor, having now received all required regulatory approvals. The company...

NWSA launches first Zero-Emission Drayage program

Northwest Seaport Alliance (NWSA) has announced its first-ever incentive program to support the deployment of zero-emission (ZE) drayage trucks. Also, this program includes support...
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