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Maersk updates its Far East to Subcontinent service network

Maersk Line has updated its service network in the Far East Asia to Indian Subcontinent trade with the introduction of two new products, Chennai...

Maersk and Hapag push up Asia rates

Maersk Line and Hapag-Lloyd have announced rate increases out of Asia to a number of destinations in North America and Africa. In the first instance,...

Record-breaking Asia-ECSA rates top dizzying USWC charges

Unprecedented spot rates approaching US$4,000/FEU moving from Shanghai to Brazil’s principal port Santos have surpassed the cost of shipping the same box from Asia...

Wan Hai wades into Pacific demand speculation as rates stay high

Wan Hai Lines president Tommy Hsieh expects Transpacific freight rates to remain high until at least the end of this year, even as container...

KITA and KSA discuss tough Pacific trading conditions

Liner operators have told South Korean shippers that it will not be easy to solve Transpacific container capacity issues, in a meeting last week. The...

Lines argue FMC has no jurisdiction in chassis dispute

The world’s biggest shipping lines have filed a motion to dismiss a US$1.8 billion complaint about equipment use in the US on the grounds...

“Abraham Accords” leads to market buoyancy in Middle East

Maersk Line, the world's largest container shipping carrier, will start to ship boxes between Israel and United Arab Emirates (UAE), as the two countries...

Lines impose more rate increases on Asia trades

Hapag-Lloyd has announced a peak season surcharge (PSS) from Northeast Asia, which comprises China, China/Hong Kong, China/Macau and China/Taiwan, to Sydney, Australia taking effect...

Australian port congestion ongoing

In spite of the relief brought through the cancellation of imminent industrial action at DP World Australia’s (DPWA) terminal in Sydney congestion at a...

Transpacific bull run halted by Chinese Government

The Chinese government has put the brakes on runaway spot rates between the US and Asia preventing box rates on the Transpacific trade lane...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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