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Most Visited - Newsletter

Most Visited - Newsletter

FMC to get tough on demurrage fees

n.savvides - 0
The Federal Maritime Commission (FMC) is gearing up to take action over the thorny issue of port congestion and runaway demurrage fees being charged...
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Most Visited - Newsletter

UK port congestion leads to additional surcharges

Antonis Karamalegkos - 0
The heavy congestion in London Gateway, and in most ports of the United Kingdom, has forced several shipping lines to implement congestion surcharges and...
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Most Visited - Newsletter

European carriers introduce new Asia charges

Container News Team - 0
European shipping lines have published new prices and surcharges in Asia, after their latest announcements, increasing various charges until the end of the year. MSC...
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Most Visited - Newsletter

Breakdown in trust leaves shippers outraged at vessel operators

n.savvides - 0
Beneficial cargo owners believe that there has been an erosion of trust between service provider and customer that has left shippers shocked and angered...
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Most Visited - Newsletter

Giant container cranes arrive at Florida’s Port Everglades

Container News Team - 0
Port Everglades has received three Super Post-Panamax container gantry cranes, the largest of their kind on 17 November, with the option to buy three...
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Most Visited - Newsletter

PIL’s losses double in first half of 2020

n.savvides - 0
Pacific International Lines (PIL) remains in the red, with a net loss that nearly doubled to US$120 million for the first half of 2020. Releasing...
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Most Visited - Newsletter

Alleged US demurrage abuses could lead to legal action

n.savvides - 0
Shippers, truckers, and freight forwarders reeling from almost US$150 million in demurrage fees linked to congestion in the ports of Los Angeles/Long Beach and...
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Most Visited - Newsletter

Updated: PIL defaults on bond payments

n.savvides - 0
Pacific International Lines is unable to make good on the principal and interest due to holders of an SG$60 million (US$43.8 million) bond issue...
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Most Visited - Newsletter

European lines set new Asia prices

Container News Team - 0
European container lines have announced new increases in Asia services from November and December. CMA CGM has unveiled new freight of all kinds (FAK) rates,...
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Most Visited - Newsletter

Alibaba’s e-commerce evolution boosted by Israeli startup tech

Container News Team - 0
ZIM has introduced Ladingo's technology which is already operational and is expected to improve logistics services to both sellers and buyers on China's largest...
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Most Visited - Newsletter

Port congestion caused by chronic box shortages in Asia, Europe and US

n.savvides - 0
Equipment shortages in Chinese ports, particularly Qingdao, Lianyungang, Ningbo and Shanghai have intensified over the last week with delays to vessels increasing the confusion...
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Most Visited - Newsletter

PIL sells two more ships

n.savvides - 0
Pacific International Lines has sold another two ships as the troubled Singaporean liner operator works on bolstering its balance sheet. South Korean feeder operator Taiyoung...
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