Friday, July 4, 2025
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CMA CGM halts Mediterranean service as rates sink

CMA CGM’s new Asia-Mediterranean service has fallen victim to falling freight rates, after just six sailings. The French carrier has suspended its newly launched Turkey-Libya...

Transpacific rates rise on Canadian port strike

Transpacific container rates went up again when the Shanghai Containerized Freight Index (SCFI) closed on 14 July, as congestion built up in the US...

Ocean Shipping Reform Act won’t alleviate issues in container shipping: industry players

Shippers and market observers have expressed scepticism at the passing of the Ocean Shipping Reform Act (OSRA) by the US House of Representatives on...

Operations in southern Vietnamese ports slow to a crawl with Covid-19 outbreak

Ho Chi Minh City is now the Covid-19 epicentre of Vietnam and the resulting lockdown of the country's commercial capital has slowed port operations...
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DHL joins forces with FIA

DHL has entered into a new strategic partnership with the Fédération Internationale de l'Automobile (FIA), stepping in as the FIA’s Global Logistics Partner. The...

Pacific supply glut to cause July rate plunge

Transpacific capacity already committed to entering the trades will see supply side growth of more than 30% on April levels even as demand has...

Gothenburg Port signs deal with Wallenius Wilhelmsen

A major development is underway at Scandinavia’s largest cargo hub as the Port of Gothenburg signs a long-term agreement with Wallenius Wilhelmsen, granting the...

Neptune Pacific to implement general rate increase

Neptune Pacific Line has announced it will apply a General Rate Increase (GRI) on cargo bound for Micronesia, the Marshall Islands, and the Solomon...
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