• Port of Montreal to receive container handling capacity surge

    The Montreal Port Authority (MPA) and LOGISTEC Corporation announce that Viau Terminal, which handles about 350,000 containers annually, will undergo a new construction phase to increase its handling capacity. This is its second phase, which continues and completes the most recent container terminal…

  • 537 kilos of cocaine found in a shipping box at PhilaPort

    Hundreds of kilos of cocaine were found in a shipping container at the Port of Philadelphia during a massive drug bust Tuesday, March 19, morning. The shipment was on board the MSC Desiree, a container ship that was traveling from Colombia to Europe, according to law enforcement sources. The contain…

  • Container ship overturned in major Iranian port

    A 90-meter long cargo ship, carrying 153 containers of Iranian exported goods, has overturned at Shahid Rajaei Port in Bandar Abbas near the Persian Gulf, on Tuesday, March 19, leaving three crew members injured. The 90-meter long LS Star vessel completely overturned in the 25th quay of Shahid Rajae…

  • How Hong Kong firefighters battled fireballs sparked by charcoal-filled boxes in port (SCMP)

    Unusual situation sparked by cargo offloaded at Tuen Mun terminal, involving 11,000 bags of fine charcoal powder Containers caught fire at different times, requiring crews to empty all units While Hong Kong residents went about their daily business, a team of firefighters last month were toiling to …

  • Container vessel “E.R. Kobe” suffered double fire

    The post-Panamax container vessel “E.R. Kobe”, managed by Zeaborn Ship Management, suffered a double fire on its way from Vietnam to China. Fortunately, no injury or environmental pollution is reported. Both times three containers caught fire on board. Report of Zeaborn Ship Management a…

  • Grande America sank: 2,000 cars, 365 containers on board – France began clean-up operation

    French authorities began a clean-up operation on Friday, March 15, after the Italian container ship “Grande America” sank off the French Atlantic Coast while carrying 2,200 tonnes of heavy fuel. Despite poor weather conditions, four ships began a clean-up operation on Friday afternoon. The 214-metre…

News

CMA CGM fresh FAK rates

FAK rates – From Asia to the Middle East Gulf In order to maintain its service quality on CIMEX Lines, CMA CGM informs its customers of its Rate Restoration Program for June 2018 as follows: Effective June 15th, 2018 (B/L date): Origin Range: From all …

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CMA CGM, FAK Rates – From Asia to the Mediterranean

Please find the new applicable CMA CGM Freight All Kinds (FAK) rates(*) as follows as from July 1st, 2018 (date of loading in the origin ports in Asia) and until further notice but not beyond July 14th, 2018:     These new FAK rates will apply as …

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Hapag Lloyd, PSS – Latin America Trade

With reference to our recent CustomerInfo about the Peak Season Surcharge for exports from China, Taiwan, Hong Kong and Macau, we would like to amend the effective date for the Peak Season Surcharge (PSS) applicable for Colombia, as follows: Colombia: July 7, 2018 (sailing date at origin) Applicable Quantum USD 55 …

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MSC joins BoxTech

Shipping giant MSC (Mediterranean Shipping Company) has joined other mega-carriers in registering its global container fleet on the BIC’s BoxTech Global Container Database. As a result, the technical details of more than 10 million containers, or approximately 40% of the global container fleet, are now …

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CMA CGM to upgrade its Indian Ocean Feeder Network

With the recent phase-in of a larger capacity vessel up to 1,800 TEU on the Indian Ocean Feeder 2, CMA CGM would like to share with you the new complete set up of our Indian Ocean Feeder network with the introduction of a 6th loop …

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Hapag Lloyd, Peak Season Surcharge – Asia to Latin America Trade

With reference to our recent CustomerInfo about a new Peak Season Surcharge for exports from China, Taiwan, Hong Kong and Macau, we would like to inform you about the effective dates for the Peak Season Surcharge (PSS) as applicable for Colombia and Ecuador destinations, as follows: Ecuador: July …

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Maersk Line fresh rate announcements

Rate Announcement – Middle East and Indian sub-continent to West Africa As Maersk Line strives to continue to offer you a broad portfolio of services, we are announcing an increase in FAK rates (Freight All Kinds).  Below are the FAK rates for a sample list …

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Maersk Line launches new service between Asia and Latin America

Maersk Line announced the launch of the new Asia – Latin America / West Coast South America services. The service will provide Maersk Line’s customers with new direct products for Colombia, the Caribbean and Pecem, Brazil. It will reduce transit times and offer greater port …

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Hapag Lloyd, Operations Cost Recovery (OCR) – Asia to Latin America Trade

With reference to recent CustomerInfo about a new Operations Cost Recovery (OCR) across all Asia Origins (except China, Taiwan, Hong Kong and Macau), Hapag Lloyd would like to inform you about the effective dates for the Operations Cost Recovery (OCR) as applicable for Colombia andEcuador destinations, as follows: Ecuador: July 4, …

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ICC Incoterms®: The mightiness of three capital letters

Who would have guessed that a collection of three-letter acronyms would have had such an impact on the development of international (and domestic) commercial transactions? We can thank a group of industrialists, financiers and traders whose determination to bring economic prosperity to a post-World War …

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