Raymond STERN
US FMC probes eight container lines over congestion surcharges
The US Federal Maritime Commission (FMC) has launched an “Expedited Inquiry” into the practices of eight container shipping lines related...
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Raymond STERN
Aug 3, 2021
Forwarders frustrated as carriers switch vessels onto best-paying tradelanes
Ocean carriers continue to shift tonnage from intra-Asia and north-south trades to more lucrative east-west routes, which is in turn...
Raymond STERN
Jul 30, 2021
Saipem falls to first-half loss but eyes pick-up in sales
Contractor’s results buffeted by Covid-19 and issues at North Sea wind project Saipem reported on Friday second quarter earnings that...
Raymond STERN
Jul 29, 2021
The true cost of shipping.
The true cost of shipping from Asia has for some time exceeded even the highly elevated container spot market rates, with the payment of...
Raymond STERN
Jul 28, 2021
Shipping prices may be heading higher but are ‘not super yet,’ analysts say
Shipping rates are at multi-year highs, but have not reached the bull cycle peaks of the past, said Rashpal Bhatti, vice president of...
Raymond STERN
Jul 28, 2021
Freight forwarders expect no change in container market for years, says British Freight Union.
The British International Freight Association (BIFA) has stated that it expects freight rates to remain at extraordinarily high levels,...
Raymond STERN
Jul 26, 2021
How to cushion consumers from high maritime freight rates
The cost of shipping one standard 20-foot container from Shanghai to Brazil, for example, is today nearly five times higher than the...
Raymond STERN
Jul 25, 2021
Global container port capacity will struggle to catch up with rising demand
The bleak outlook of significantly lower throughput levels for container hub ports at the outset of the pandemic has, 18 months later,...
Raymond STERN
Jul 22, 2021
FMC To Audit Ocean Carrier Demurrage and Detention Practices
On July 20, the Federal Maritime Commission (FMC) announced that it has established a new “Vessel-Operating Common Carrier Audit Program”...
Raymond STERN
Jul 18, 2021
Luca Graf, Head of Digital Innovation, DSV Panalpina
Luca Graf, Head of Digital Innovation, DSV Panalpina, talks about how disruptive technologies are beginning to disrupt the freight and...
Raymond STERN
Jul 18, 2021
Jochen Gottelmann, CIO, Lufthansa Cargo: Leading through the pandemic
Giving wings to one’s business in turbulent skies seems to be the mantra for the CIO of Lufthansa Cargo AG - Jochen Gottelmann. In this...
Raymond STERN
Jul 15, 2021
Volga-Dnepr flies custom-built compressor from Zurich to Abu Dhabi
Russian freighter operator Volga-Dnepr Airlines, in partnership with logistics provider Geodis, has transported a large custom-built...
Raymond STERN
Jul 14, 2021
DP World engages M&A advisors for Jebel Ali Free Zone sale
Dubai-based trade and logistics giant DP World has tapped M&A consultants to help sell a stake in Jebel Ali Free Zone (Jafza) – a...
Raymond STERN
Jul 14, 2021
Petrofac Signs Contract for Halliburton DecisionSpace® 365
Petrofac will use Landmark Digital Well Program® to deliver safe, cost effective and productive wells Halliburton Company (NYSE: HAL)...
Raymond STERN
Jul 14, 2021
Agility Appreciation Night Celebrates Company's Exceptional Partners
Houssam Mahmoud, CEO of Abu Dhabi-based logistics and warehousing specialist Agility, paid tribute to his company and its peers in an...
Raymond STERN
Jul 13, 2021
UAE logistic giant Aramex partners DB Schenker to expand in Middle East, Africa
Aramex plans to expand interests beyond freight forwarding Aramex, a leading logistics and transportation solutions, and Germany’s DB...
Raymond STERN
Jul 13, 2021
Petrofac Nets Three-year Deal with ONEgas
Oilfield service firm Petrofac has secured a new three-year contract with ONEgas, an integrated cross-border asset between Shell UK and...
Raymond STERN
Jul 12, 2021
JinkoSolar team up with Maersk China teams for digitalised logistics development
Solar module manufacturer JinkoSolar signed a strategic cooperation agreement with Maersk (China) Shipping to develop digitalised...
Raymond STERN
Jul 7, 2021
Microsoft consultants to deliver AI-solution at Khalifa Port
Experts from Microsoft’s internal consulting practice are helping Abu Dhabi Terminals leverage the cutting edge of artificial...
Raymond STERN
Jul 6, 2021
Microsoft to provide artificial intelligence services at Khalifa Port
Khalifa Port Container Terminal is handled and run by Abu Dhabi Terminals. Abu Dhabi Terminals has signed a partnership agreement with...
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