Tag: Container shipping lines
EU Urged To Review Consortia Block Exemption Regulation
A recent news article published in the Port Technology states that trade organisations call on EU for urgent review into container shipping sector.
Review of...
Maersk Overtakes CMA CGM and COSCO On The Transpacific
A recently published Splash 247 news article by Sam Chambers states that Maersk takes top spot on the transpacific.
Maersk overtakes CMA CGM and COSCO
Maersk...
Container Shipping Lines Add New Services for This Reason
container shipping lines launch new trans-Pacific services as record rates pull in capacity
strong demand and record high freight rates attract more carry...
KaMin | CADAM To Levy Container Service Surcharge
CADAM SA announces a temporary container service surcharge of $300 per container on all export shipments effective February 10, 2021.
KaMin | CADAM are implementing...
Premium Charges of Carriers Are $2,000-$3,500
Carriers are charging premiums $2,000-$3,500 over and above FAK.
Getting space at FAK rates is next to impossible.
Shippers have to wait for...
FMC Issues Warning on ‘Trade Collusion’ Between Container Shipping Lines
US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the bows of container shipping lines, saying it will head...
Tanker Rates Go Low and Increases The Competition
Rates for very large crude carriers (VLCCs; tankers that carry 2 million barrels of crude) from the Middle East Gulf (MEG) to Asia...
A Record Number of Blank Sailings! Just for One Reason!
Freight rates have not collapsed as containerships continue to blank.
Container lines have canceled 458 sailings since Chinese New Year.
Global demand for...