Four new container vessels in Chittagong-Colombo route to lessen export backlog

The Chittagong Port Authority (CPA) has approved plying of four new feeder vessels in Chittagong-Colombo route in a bid to lessen the mounting export cargo backlog at the inland container […]

Import containers to be fumigated as Australia enforces Khapra beetle rules

Regulations requiring import containers from 40 countries across Europe, Asia, the Middle East and Africa to be fumigated to prevent the migration of Khapra beetles into Australia will be enforced […]

What Are Insulated Shipping Containers?

The trillion-dollar shipping industry transports a wide variety of goods all over the globe. Regardless of whether the goods are meant to be kept hot or cold, dry or wet, […]

India: Shortage Of Shipping Containers Again Threatens Exporters

The rising shortage of containers and sky-high freight rates are threatening Indian exports that had risen to a record in the first quarter of FY22. After attaining crisis proportions earlier […]

Maersk targets transpacific premium market with extra standalone services

Maersk will launch two new weekly services on the transpacific in August to operate “exclusively” outside its 2M alliance with MSC and Zim slot charter partnership.

CMA CGM increases Asia charges

CMA CGM has announced several peak season surcharges (PSS) from India and Pakistan to Latin America, effective from late June and July.

U.S. Trade Deficit Increased to Second Biggest on Record in May

The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports. The gap in trade of goods and services rose 3.1% to $71.2 […]

Port of Long Beach celebrates 110 years of service

The Port of Long Beach was founded 110 years ago today – June 24, 1911. According to the port’s website, it was “a wild dream scratched out of 800 acres […]

Port of Antwerp major entry point to a strong European Internal Market

Today, Port of Antwerp CEO Jacques Vandermeiren met up with European Internal Market and Industry Commissioner Thierry Breton at the Port of Antwerp to discuss the Port’s role as a […]

CMA CGM applies congestion surcharge in Oakland

French container carrier, CMA CGM has announced a port congestion surcharge of US$250 per TEU for all types of cargo from Latin America to the Port of Oakland in the […]

More container ships score ‘astronomical’ $100,000/day rates

Multi-month container-ship charters continue to be signed at jaw-dropping rates above $100,000 per day. The market is getting even tighter, pushing charter rates and durations higher still. Even so, there’s […]

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.

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