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US decision to remove HK trade privileges adds to China tensions

Liner operators are concerned about the US decision to remove Hong Kong’s trade privileges, which was triggered by China’s plans to impose a national...

Updated: Feeling for the bottom of the recession

According to the Danish consultancy Sea-Intelligence the level of blank sailings has reached a “plateau” although there are now more than 500 cancellations in...

OOCL updates Transpacific blank sailings schedule

OOCL has published an update to its April announcements on the withdrawal of the Transpacific sailings in May and June. The newly added void...

OOCL Q1 results a boost for lines or a portent of harder times to come

Initial results for the first quarter released by OOCL could be seen as a boost to lines, which it is generally agreed have manged...

Known unknowns add up to a complex Pacific contract picture

Complexities in managing annual cargo rate negotiations have been exposed by the Covid-19 virus with shippers and forwarders struggling to understand what cargo commitments...

OOCL updates Transpacific blank sailing programme

In response to the expected low demand in the market, OOCL has provided an update on the withdrawal of the Transpacific sailings in April...

Waiting game for US logistics

Logistics firms all along the supply chain are waiting to see what happens to the infection rate in the United States and what the...

OOCL updates transpacific void sailings

In response to the expected low demand in the market, OOCL has provided an update to its 26 March announcement on the withdrawal of...

COSCO Shipping Holdings profit up 450%

COSCO Shipping Holdings said on 30 March 2020 that net profit for 2019 rocketed nearly 450% from 2018, with earnings of CNY6.8 billion (US$...

OOCL postpones EMA service launch

OOCL has decided to postpone the launch of its new East Mediterranean – America Service (EMA) by three weeks until April 25. As such, the...
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Port of Long Beach appoints new managing director of engineering services

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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