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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 22, 2021
Ever Given owners reach deal with Egypt over Suez Canal blockage
Agreement will lead to release of the ship that blocked the vital trade artery for 6 days in March The owner of the container ship that...
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 20, 2021
Carriers accused of taking advantage with more lucrative premiums.
More profiteering accusations fly at carriers as customer relations deteriorate. Carriers are being accused of “welching” on newly signed...
Raymond STERN
Jun 19, 2021
Out-of-control shipping costs fire up retail prices from coffee to toys
Soaring demand, shortage of containers, saturated ports and too few ships have contributed to the squeeze on transportation capacity on...
Raymond STERN
Jun 17, 2021
CMA CGM sets new surcharges from India and Pakistan
CMA CGM has published new peak season surcharges (PSS), which will take effect on 25 June, from India and Pakistan to several...
Raymond STERN
Jun 17, 2021
Xeneta providing rate transparency in turbulent ocean freight market
Benchmarking company raises $28.5 million to expand operations to provide more ocean and airfreight intel. Xeneta co-founder and CEO...
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 10, 2021
What the heck is going on in container shipping?
With continued ripple effects occurring that are causing issues for supply chains, it can be useful to take step back and take a holistic...
Raymond STERN
Jun 8, 2021
Prices of consumer goods are set to rise as shipping costs continue to soar
Why you could soon be paying more for food, toys and electronics. Surging demand for products and materials, and a shortage of containers...
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...
Raymond STERN
Jun 6, 2021
The faces of Yemen’s sea ports
COVID-19 has made what was already the world’s worst humanitarian and development crisis in Yemen even more deadly. Time after time,...
Raymond STERN
Jun 6, 2021
MSC increases its rates from European ports
Mediterranean Shipping Company (MSC) has published new prices from European ports to Canada and Mexico destinations. The new charges will...
Raymond STERN
Jun 1, 2021
Ocean Cargo: Post-pandemic strategies take hold
Long “the sick man” of the transportation ecosystem, the container-shipping industry stands on the brink of a new era of sustainable...
Raymond STERN
May 9, 2021
Maersk App Sees Record Use Amid COVID-19
April sees 130,000 business transactions on a weekly basis Record demand for online business transactions has increased the Maersk...
Raymond STERN
Apr 28, 2021
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