Raymond STERN
Hapag-Lloyd vessel completes first digital port call at Tanger Med
Tanger Med enable first real-life digital port call for Hapag-Lloyd vessel. The world’s first digitally controlled port arrival has been...
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Raymond STERN
Jun 28, 2021
Maersk and Bestseller to start carbon-neutral ocean transport partnership
AP Moller - Maersk has signed a fully carbon-neutral transport agreement on ocean services with the global fashion and lifestyle group,...
Raymond STERN
Jun 28, 2021
'Crazy rates' to ship a container out of India – after a 100% premium to get the box
With the severe shortage of containers and capacity, Indian forwarders are being quoted “crazy” freight rates by carriers that “won’t...
Raymond STERN
Jun 28, 2021
HMM confirms a dozen 13,000TEU vessels order
HMM has signed newbuilding contracts with Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI) for twelve...
Raymond STERN
Jun 27, 2021
Extreme Freight Rates Begin to Change Shippers' Calculations
The containerized shipping industry has been essential to global commerce for its low shipping costs. However, high freight rates are...
Raymond STERN
Jun 27, 2021
APM Terminals extends its presence at Algeciras until 2032
The Board of Directors of the Port Authority of Algeciras (APBA) has decided to approve the extension of the concession term of APM...
Raymond STERN
Jun 27, 2021
Hapag-Lloyd suspends Bangladesh bookings
Hapag-Lloyd has announced that bookings to Bangladesh are temporarily suspended due to the increased backlog in Singapore for cargo...
Raymond STERN
Jun 27, 2021
CMA CGM’s EUROSAL service to skip Le Havre call until October
CMA CGM has announced its EUROSAL service will suspend the call at the Port of Le Havre for a period of three months starting from 6...
Raymond STERN
Jun 24, 2021
Hapag-Lloyd sets fresh Asia rates from July
The German shipping company, Hapag-Lloyd has announced new rates from Asia regions to several destinations across the world, which will...
Raymond STERN
Jun 24, 2021
South Korea’s logistics industry protest price-fixing penalties
South Korea’s logistics industry stakeholders have decried the Korea Fair Trade Commission’s (KFTC) recent financial penalties on 12...
Raymond STERN
Jun 24, 2021
Congestion at US west coast ports will 'get worse before it gets better'
Over the past couple of months, the congestion at the main US west coast gateway complex has eased and vessel turn times improved, but...
Raymond STERN
Jun 24, 2021
Hapag-Lloyd and ONE join Maersk’s blockchain platform
Two of the largest container carriers in the world, Hapag-Lloyd and Ocean Network Express (ONE), have completed integration onto...
Raymond STERN
Jun 23, 2021
Yantian resumes full operations, backlog expected to linger up to a month
The Port of Yantian began full operations at midnight local time Thursday morning after weeks of reduced capacity due to COVID-19...
Raymond STERN
Jun 21, 2021
Carrier schedule reliability 'through the floor' – no normality till Q2 22, earliest
Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight. Ocean carrier vessel...
Raymond STERN
Jun 20, 2021
DP World, UNICEF enhance partnership through Jebel Ali Port visit
Abdulla Bin Damithan, DP World’s UAE Region and Jafza CEO and Managing Director, today welcomed UNICEF’s Regional Director for the Middle...
Raymond STERN
Jun 20, 2021
Hapag-Lloyd applies PSS of US$1,000/TEU to US and Canada
Hapag-Lloyd has announced a new peak season surcharge (PSS) from East Asia ports to North American destinations. The new surcharge of the...
Raymond STERN
Jun 15, 2021
MSC and CMA CGM raise charges from European ports
Two of the largest container lines in the world, Mediterranean Shipping Company (MSC) and CMA CGM have announced increased prices from...
Raymond STERN
Jun 15, 2021
Shanghai to Europe rates rise for 10th consecutive week
Freight rates for container exports from the Port of Shanghai in Week 23 increased from the previous week on several trade routes, which...
Raymond STERN
Jun 13, 2021
Shipping container shortage is leading to challenges in shipping goods between the US and Asia
Senior reporter, Business Insider Rachel Premack, joins Yahoo Finance's Myles Udland, Julie Hyman, and Myles to discuss the factors...
Raymond STERN
Jun 7, 2021
Hapag-Lloyd publishes fresh rates from ISC and Middle East to America
Hapag-Lloyd has announced new general rate increases (GRI) from the Indian Subcontinent (ISC) and the Middle East to North America and...
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