Maersk and IB Cargo To Offer Logistics Solutions
A.P. Moller – Maersk and IB Cargo, announce their partnership for the operation of a 75.000 sqm regional distribution centre for IKEA Supply...
GENCON Charter Party By BIMCO in May 2021
The revision of BIMCO’s most widely used voyage charter party – GENCON – is entering its completion phase.
The drafting team will meet...
Global Trade and Supply Chain at Risk With Uncertain Future of Offshoring
The re-evaluation of offshoring production is expected to switch to reshoring.
Production of global trade to move across borders in the medium term,...
2M Reinstates Transpacific Trades Pleading for Empty Containers’ Return
The TP8/Orient and TP11/Elephant services, which had been structurally blanked in the second quarter had been reinstated.
Maersk warned shippers there was still...
Asian Business Confidence Starting To Bounce Back
According to a Reuters report, business sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales but lingering uncertainty...
ING Chief Surprised By US’s Hong Kong Normalization Order
President Donald Trump issued an Executive Order on Hong Kong Normalization which led to the recategorization of ‘Made in Hong Kong’ goods to...
Ningbo Containerised Freight Index
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
The index is reported every Friday (except Chinese holidays) at...
Weekly Bulk Report – Week 38, 2020
The Baltic Briefing has released a report about the dry bulk market for the 38th week of shipping activities of this year. The report...
How Container Liners Turn Losses To Profits & Manage Capacity
In an article published in the Maritime Executive, Luke Robert postulates and elaborates on the profit making strategy undertaken by the largest container liners...
Euroseas Extends Container Vessels Time Charter
Euroseas Ltd extends the time charter contract of its container vessel, C/V “Akinada Bridge”.
The new rate is expected to be in motion...
