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Maersk updates its Far East to Subcontinent service network

Maersk Line has updated its service network in the Far East Asia to Indian Subcontinent trade with the introduction of two new products, Chennai...

Maersk and Hapag push up Asia rates

Maersk Line and Hapag-Lloyd have announced rate increases out of Asia to a number of destinations in North America and Africa. In the first instance,...

Record-breaking Asia-ECSA rates top dizzying USWC charges

Unprecedented spot rates approaching US$4,000/FEU moving from Shanghai to Brazil’s principal port Santos have surpassed the cost of shipping the same box from Asia...

Wan Hai wades into Pacific demand speculation as rates stay high

Wan Hai Lines president Tommy Hsieh expects Transpacific freight rates to remain high until at least the end of this year, even as container...

KITA and KSA discuss tough Pacific trading conditions

Liner operators have told South Korean shippers that it will not be easy to solve Transpacific container capacity issues, in a meeting last week. The...

Lines argue FMC has no jurisdiction in chassis dispute

The world’s biggest shipping lines have filed a motion to dismiss a US$1.8 billion complaint about equipment use in the US on the grounds...

“Abraham Accords” leads to market buoyancy in Middle East

Maersk Line, the world's largest container shipping carrier, will start to ship boxes between Israel and United Arab Emirates (UAE), as the two countries...

Lines impose more rate increases on Asia trades

Hapag-Lloyd has announced a peak season surcharge (PSS) from Northeast Asia, which comprises China, China/Hong Kong, China/Macau and China/Taiwan, to Sydney, Australia taking effect...

Australian port congestion ongoing

In spite of the relief brought through the cancellation of imminent industrial action at DP World Australia’s (DPWA) terminal in Sydney congestion at a...

Transpacific bull run halted by Chinese Government

The Chinese government has put the brakes on runaway spot rates between the US and Asia preventing box rates on the Transpacific trade lane...
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The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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