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Update: Port congestion surcharge in Yemen

The updated Port Congestion Surcharge* in Aden, Yemen, will be applied as follows : Effective December 1st, 2018 (B/L date) until further notice (except US trades subject...
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Syria’s shipping profile: Navigating sanctions and seeking growth

Amid significant geopolitical shifts in the Middle East, Syria's shipping profile will soon become a key concern for global shipping stakeholders due to the...

Asia-Europe ocean rates continue to climb on early LNY rush

Ocean rates from Asia to Europe and the Mediterranean increased last week, with prices of US$5,300/FEU to Europe approaching levels in the lead-up to...

Mainline operators still in five-year extraordinary profit cycle, thanks to Red Sea crisis

Alphaliner's report says that 2024 is on track to be the third most lucrative year in container shipping history despite the higher costs borne...

Hapag-Lloyd increases rates from Middle East & Indian Sub to North America

German ocean carrier Hapag-Lloyd has announced that a General Rate Increase (GRI)/General Rate Adjustment (GRA) will be introduced for shipments from the Indian Subcontinent...