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Hapag-Lloyd announces new GRI from East Asia

Hapag-Lloyd will implement the following General Rate Increase (GRI) in the eastbound trade from East Asia to all USA and Canada destinations as of...

MABUX daily bunker index – 9 March

Crude oil prices have fallen by as much as 10% as the meeting of the Oil Producing and Exporting Countries (OPEC) failed to agree...

The daily Mabux Bunker index – 5 March

A European Commission (EC) proposal to enshrine the EU’s climate goals into law was announced on 4 March, the law will commit Europe to...

Booking platform offers Evergreen’s customers benefits

GreenX, the new booking platform developed by Taiwan’s Evergreen Line, will offer guaranteed space on board its vessels, so no roll-over cargo and a...

Daily container freight Index launched by Baltic and Freightos

Spot ocean rates will be tracked in real-time for the first time following the launch of the Freightos Baltic Index (FBX) by the Baltic...

VSFLO price decline gathers pace

The decline in the cost of VSLFO has intensified with the approach of the Lunar New Year in China and pressure on the price...

ICTSI wins top ASEAN logistics plum in a row

For the second straight year, International Container Terminal Services, Inc. (ICTSI) was recognized for its outstanding performance and promoting greater regional inclusivity in the...

China-US container traffic slumps

Containerized exports to the U.S. from 10 major countries and regions in Asia plunged 16.3% from a year earlier to a total of 1,302,275...

Maersk increases rates from India to East Africa

Maersk is announcing an increase in FAK rates (Freight All Kinds). Below are the FAK rates for a sample list of corridors, commodities and...

Maersk pioneers with instant booking confirmation

With the introduction of instant booking confirmation, Maersk customers can now complete their bookings within seconds compared to previous waiting times of up to...

Australian authorities search for 42 lost containers

A search to locate 42 sunken shipping containers to ensure safe paths for fishing trawlers has resumed near Newcastle. The YM Efficiency, a Taiwan-operated, Liberian-flagged...

CMA CGM, new FAK rates from October

Please find the new applicable CMA CGM Freight All Kinds (FAK) rates(*) as follows as from October 1st, 2018 and until further notice:     These new FAK rates...

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Singaporean state investment firm Temasek mum on PIL bailout

The Singapore government’s investment company Temasek Holdings is remaining tight-lipped on market talk that it may take a stake in embattled liner operator Pacific...

High speed and compromised manoeuvring caused Milano Bridge accident

The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...

Chinese shipyards win giant container ship order

Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...

MSC Rosa M damages Mumbai crane

The 14,000TEU MSC Rosa M has hit and seriously damaged a crane at the DP World terminal in Nhava Sheva, NSIGT in Mumbai, while...

Taking the personal view for crew working on container shipping

Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...