CMA CGM restarts reefer shipments to all Nigeria ports

CMA CGM has announced the resumption of its reefer shipments in Nigerian ports with immediate effect. Particularly, the French ocean carrier said in its statement that it “can now accept […]

Déjà vu as Shenzhen locked down for a week

Concerns of a rerun of congestion around Shenzhen, China’s third-busiest container port, have arisen after the city was locked down for a week from 14 March, after yet another Covid-19 […]

India fears more container shortages as new Covid lockdowns hit Chinese ports

Most empties returning to India have historically arrived on intra-Asia trade routes, with China-origin containers leading that play, but Indian executives at major carriers have begun to send out cautionary […]

Long Beach breaks container volume record for February

California’s major port in Long Beach has reported its busiest February in its history, moving 796,560 TEU, which translates to a 3.2% increase compared to the same month last year. […]

More schedule disruptions seen coming for Indian shippers

Schedule reliability is becoming a greater concern for Indian shippers as they scramble to find more vessel space necessary to hit fiscal year-end shipment target goals. Hapag-Lloyd’s East Africa-India Service […]

MSC to push up European rates

Mediterranean Shipping Company (MSC) has announced the introduction of new Freight All Kinds (FAK) rate increases that will be implemented from and to European ports and will be effective from […]

What Are Logistics Parks?

Most successful organizations these days rely on outsourcing. What is outsourcing? It is a successful business strategy where an organization makes use of third-party service providers to carry out some […]

India and Bangladesh fear trade disruption and payment challenges

Amid uncertainty over receiving timely payments, due to sanctions imposed by western nations on Russia, Bangladeshi garment makers have been urged to be cautious in exporting to Moscow. The Bangladesh […]

THE Alliance unveils updated service network for 2022

THE Alliance, comprising Hapag-Lloyd, Ocean Network Express (ONE), Yang Ming and HMM, has announced an updated service setup, which will be effective from spring 2022. Among several modifications, a key […]

Evolution and Upsizing of Container Vessels

The ubiquitous container has brought about a revolution in global trade, since its introduction in 1956 by Malcolm McLean. The invention of the container not surprisingly heralded the advent of […]

Hapag-Lloyd revises WS3 service linking Chile with Peru

The German carrier Hapag-Lloyd will update the rotation and the vessel deployment in its West Coast of South America (WS3) service, connecting the Port of San Vicente in Chile with […]

Indian importers continually receive taxmen notices to pay ocean freight taxes, but cases remain pending

Despite a number of cases on imposition of integrated goods and services tax (IGST) on ocean freight in case of imports remained pending in various courts, Indian taxmen have started […]

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