CMA CGM revises Peak Season Surcharge
MARSEILLE : French ocean carrier CMA CGM has announced the revision of a peak season surcharge (PSS) from the Indian Subcontinent, Middle East Gulf, Red Sea and Egypt
DP World launches direct freight service between UAE and Iraq
DUBAI : DP World, a leading provider of global supply chain solutions, has launched the first direct freight service between the UAE and Iraq to make the flow
PSA collaborate with Kazakhstan Railways to boost trade via the Trans-Caspian route
SINGAPORE : PSA International, a global provider of ports and supply chain solutions, and Kazakhstan Railways, the operator of the country’s primary railway network, have agreed to form
Shipping lines beat IMO carbon target
TAIPEI : Taiwan’s two largest shipping carriers have reduced their carbon emissions by 40 percent, seven years ahead of a goal set by the International Maritime Organization (IMO),
Container shipping under pressure as peak season hopes dim
LONDON : One of the earlier scenarios for container shipping’s 2023 peak season went like this: Importers would get cocky and keep much of their business in the
Wan Hai adds Colombo call in ‘AA7 Service’
TAIPEI : Wan Hai Lines has added a call at Colombo, Sri Lanka, to its Asia-US East Coast service. On 16 May, the newly built 13,000 TEUs Wan
ONE is going to open new office in Ireland
SINGAPORE : Ocean Network Express (ONE) opens its first wholly owned Irish office, Ocean Network Express (Europe) Ltd, Ireland Branch on 1 June 2023. United Liner Agency Ltd
Two new shipping services calling at Moín Container Terminal in May
COSTA RICA : Costa Rica welcomed two new shipping services at the Moín Container Terminal (TCM) in May. More specifically, the first call of the Venezuela Line (VEL)
China’s weekly export container shipping index down
BEIJING : China’s index of export container transport declined in the week ending on May 19, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index
Chattogram to Ranong direct shipping yet to start after 1.5 years of signing MoU
DHAKA : Traders in Chattogram were quite upbeat when Bangladesh and Thailand signed a memorandum of understanding in December 2021 to launch direct coastal shipping services between Chattogram