February 22, 2024
March 19, 2026
February 22, 2024
CMA CGM applies new PSS from Europe to India, Middle East Gulf and Red Sea
MARSEILLE : French ocean carrier CMA CGM announced that it will implement the following peak season surcharges, effective from 1 March. For dry cargo from North Europe, Scandinavia, Poland, Baltic, East & West Mediterranean,
February 22, 2024
Red Sea crisis : TVS Supply Chain Solutions says ongoing uncertainty will keep freight prices up
MUMBAI : Escalated freight and insurance costs may well be here to stay even as freight forwarders continue to explore alternatives to the crisis-hit Red Sea shipping route, according to TVS Supply Chain Solutions Executive
February 22, 2024
Maersk applies new PSS from Far East to East Coast South America
COPENHAGEN : Maersk is adjusting Peak Season Surcharge (PSS) rates for selected routes effective March 1 to 31 March 2024, to ensure continued global service provision. The changes in the peak season surcharge rates
February 22, 2024
Maersk completes largest infrastructure investment in New Zealand with new cold chain facility
HAMILTON CITY: A.P. Moller-Maersk celebrated the opening of its state-of-the-art, integrated cold chain facility at the Ruakura Superhub , solidifying Hamilton as a key touch point within the Golden Triangle for freighting and logistics
February 22, 2024
CMA CGM says ship transited Red Sea under French naval escort
MARSEILLE : French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship transited the Red Sea under French naval escort, after suspending crossings for security risks earlier this
February 22, 2024
Capital goods, fertilisers most impacted sectors amid Red Sea trade disruptions: Crisil Report
MUMBAI : Sectors such as capital goods and fertilisers have been the most impacted amid the ongoing crisis around the Red Sea, a Crisil Market Intelligence and Analytics report stated while assessing the sectoral
February 22, 2024
BIMCO publishes ship financing forms to ensure uninterrupted use of ships
LONDON : BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship
February 21, 2024
Houthis attack cargo vessel in Gulf of Aden, say ‘ship at risk of sinking’
YEMEN : Yemen’s Houthi militants said on Monday they had attacked the Rubymar Cargo vessel in the Gulf of Aden which was at risk of sinking, raising the stakes in their campaign to disrupt
February 21, 2024