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 […]

Freight rates, box prices continue to rise

Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and contract rates continues to spill over […]

CMA CGM to push up South America rates

After four months of pausing increases in freight rates, CMA CGM has now announced fresh push-ups take will take effect on 15 February and will be applied in shipments to […]

2021: a year of Covid variants and milking the freight rate cash cow

Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic film Groundhog Day, but in between we did […]

Top 10: The busiest container ports in Asia

The vast majority of the largest and busiest container ports in the world are located in Asia. The continent is a crucial part of the global supply chain, which has […]

59% of all containers leave US ports empty

The Covid-19 has truly put the global supply chain in turbulence. After several months, when the global economy has reopened, the blue transport corridor is witnessing plenty of problems- bottlenecks, […]

HMM launches India/East Asia-Latin America service via African Cape

HMM has introduced a new loop, linking India to key ports in East Asia and Latin America, as major tradelanes see a rebound in containerised cargo movements amid pandemic-induced demand […]

Intra-Asia rates hit new highs as forwarders get ‘cold shoulder’ from carriers

Intra-Asia freight rates from China are soaring as forwarders discover “it’s not just Maersk” giving them the cold shoulder. One forwarder in Shanghai told 90% of container vessels departing China’s […]

CMA CGM’s last rate increases before cessation announcement

The French shipping company CMA CGM has announced several freight rate changes, before its decision to suspend all spot rate increases until 1 February. Firstly, CMA CGM will set updated Freight All […]

Maersk to open new logistics facility in Jeddah Islamic Port

AP Moller – Maersk has signed an agreement with Saudi Ports Authority (Mawani) to invest US$136 million over a period of 25 years for the establishment of an Integrated Logistics […]

THE Alliance to drop Savannah port calls

The Alliance, which comprises Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, has announced it will temporarily remove calls at the Port of Savannah from its East Coast 2 […]

Port of New York and New Jersey to present new policies for zero emissions

Ahead of the United Nations Climate Change Conference in Glasgow, Scotland, the Port Authority of New York and New Jersey (NYNJ) has announced that two critical policies will be presented […]

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