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Container shortages and increasing rates add to shipper woes

Soaring Asia to US rates are expected to climb higher next week as vessel operators impose yet another general rate increase (GRI) on 15...

Singapore fire experts await return of MOL Charisma

The MOL Charisma is sailing to Singapore where experts will investigate the hold fire incident, which took place off Sri Lanka on 1 September. MOL...

Pole Star introduces new bill of lading system

Maritime technology company Pole Star has announced the launch of a new extension to PurpleTRAC; Bill of Lading Verification (BLV). Pole Star, through its web-based PurpleTRAC...

MOL Charisma cargo condition still unknown

Undamaged cargo on the MOL Charisma, which suffered a cargo fire on 1 September off Sri Lanka, remains on board the vessel while the...

Covid and Golden Week force THE Alliance to cancel October sailings

The members of THE Alliance, Hapag-Llloyd, Yang Ming, ONE and HMM, have updated the latest service adjustments in October. This is a result of the...

Success of AE19 rail service prompts Maersk to make it permanent

After approximately 14 months as a temporary service, A.P. Moller - Maersk’s AE19 service, a combination of a short-sea and intercontinental rail product, has...

Major lines continue to adjust Asia charges

The largest shipping lines are continuing to raise rates from Asia, as the market conditions are still unbalanced due to continuing Covid-19 crisis. Maersk Line...

Ocean and 2M Alliances post Golden Week blank sailings

Maersk and MSC's 2M Alliance and Ocean Alliance, which is comprised of CMA CGM, COSCO, Evergreen and OOCL, have announced void sailings due to...

Rapid cargo delivery is key to dynamic developing market

Key developments within the container shipping industry will see shipping lines transporting far more LCL (less than container load) cargoes and the development of...

Reduced costs boosts CMA CGM’s Q2 profits

CMA CGM's container traffic volumes decreased for the first time since 2009 as a result of lockdown measures in several countries. A perceptible fall of...

MOL ship suffers hold fire off Sri Lanka

Hapag-Lloyd has confirmed that a vessel operated by its alliance partner, MOL, the MOL Charisma, experienced a cargo fire in hold No.5 on 1...

South Korea launches new ECA

A new emission control area (ECA) for the shipping industry was launched from 1 September, cutting the sulphur limit from the global 0.5% cap...

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