February 26, 2024
May 8, 2026
February 24, 2024
Impact to global trade of disruption of shipping routes in the Red Sea, Black Sea and Panama Canal – UNCTAD rapid assessment
GENEVA : This UNCTAD rapid assessment looks into the situation of interntional shipping amid disruptions that have the potential to reshape global maritime networks and reconfigure the world trading map. Two months into 2024,
February 24, 2024
New freighters could ease Red Sea cargo disruptions
YEMEN : After the Houthi militians started attacking container ships in the Red Sea last year, the cost of shipping goods from Asia soared by over 300%, prompting fears that supply chain disruptions might once again
February 24, 2024
FMC tightens rules on charging container late fees
WASHINGTON D.C. : The Federal Maritime Commission has imposed new billing standards on ocean carriers and terminal operators in an effort to crack down on abusive container late fees. The new requirements focus on demurrage —
February 23, 2024
MSC is opening new feeder service between Paradip and Colombo
GENEVA : Mediterranean Shipping Co. (MSC) has inked a deal to start a feeder service between Paradip Port (PPT), a major gateway on India’s east coast, and Sri Lanka’s Colombo Port. The service is
February 23, 2024
SeaLead launches FIX2 Service to boost trade links between China and India
SINGAPORE : SeaLead, a fast-growing global shipping line, today announced the launch of its latest service, the Far East India Express 2 (FIX2). This service underlines SeaLead’s commitment to broadening its network and promoting
February 22, 2024
Global shipowners body sets out industry principles to combat harassment and bullying : ICS
LONDON : The International Chamber of Shipping (ICS), the global trade association for shipowners and operators, which represents over 80% of the world merchant fleet, launches a set of ‘Industry principles for establishing effective measures
February 22, 2024
Hapag-Lloyd introduces new rates from Indian Sub to North Europe
HAMBURG : Hapag-Lloyd is implementing tariff rate adjustments for shipments from the Indian Subcontinent to North Europe. These adjustments will come into effect for sailings commencing on 6 March 2024 and will remain valid
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