Maritime competition authorities from across the world are continuing to keep a close eye on the actions of ocean carriers amid the unprecedented cargo boom that has contributed to supply chain bottlenecks and soaring
HAMBURG : The European container shipping companies Hapag Lloyd and MSC have announced the implementation of fresh increases in rates from the Middle East and the Indian Subcontinent to several ports in America, which
Bureau Veritas (BV), a world leader in testing, inspection, and certification (TIC), has developed a formalized approach to support the safe carriage of containers in bulk carriers. BV’s Guidance for Studying and Preparing a
WASHINGTON : The Federal Maritime Commission (FMC) in the United States has been alerted to reports that ocean carriers are refusing import cargoes of hazardous materials, to the harm of chemical supply chains for
The International Chamber of Shipping, which represents more than 80% of the world’s merchant fleet, submitted a plan to the industry’s global regulator for a charge on carbon dioxide emitted by vessels. The proposal for
One of the world’s largest port and terminal operators warns that the global shipping and supply chain crisis that leaves high street shelves empty can only be resolved by slowing consumer demand. Maersk-owned APM
HAMBURG : The German carrier Hapag Lloyd has introduced several heavy lift charges (HLC) in shipments worldwide for containers exceeding a specific amount of tones. Firstly, the shipping company will set an HLC of
SHANGHAI : China International Marine Containers (CIMC), the world’s largest container manufacturer, achieved a net profit of US$654.49 million in the first six months of 2021, as the shortage of containers powered sales. Sales
HAMBURG : The German container shipping company Hapag Lloyd has announced the implementation of several ocean tariff rate increases for sailings destined to ports of Latin America. The updated prices will be applicable from
SINGAPORE : 2M Alliance comprising the largest shipping lines in the world, Maersk and MSC, will implement changes for services between Asia, the United States (US) and Canada. The two companies aim to confront