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March 2, 2023

cargo-partner launches new LCL services from Asia to Western Europe via Rotterdam

Logistics, Shipping, Transport, Trending News
AUSTRIA : Global Transport and Logistics provider, cargo-partner, has extended its range of LCL (Less than Container-Load) services and launched new weekly sea freight consolidation services from China and India to Rotterdam, serving several
March 2, 2023

Kuehne+Nagel reports very strong 2022 result

Logistics, Trending News
SCHINDELLEGI : Kuehne+Nagel closed the 2022 financial year with an exceptionally strong result. Group net turnover increased by 20% to CHF 39.4 billion, EBIT by 28% to CHF 3.8 billion and net profit by
March 2, 2023

DCSA : Shipping lines to adopt 100% eBL by 2030

International Shipping, Shipping Line, Trending News
AMSTERDAM : Shipping lines under the aegis of the Digital Container Shipping Association (DCSA), an umbrella body of the world’s largest container carriers, have set plans in motion to fully adopt electronic bills of
March 2, 2023

Container xChange report for freight forwarders : Amidst container surplus, good time to buy containers, enter smaller trade routes and avoid detention charges with SOCs

Container, Trending News
HAMBURG : Container xChange, an online container logistics platform, has published its annual ‘shipper-owned containers (SOCs) undercover study’. The report throws light on how SOCs are fitting into the overall container sourcing strategy for
March 2, 2023

Baltic Index marks best month in five on stronger vessel demand

International Shipping, Shipping, Trending News
LONDON : The Baltic Exchange’s main sea freight index posted its biggest monthly percentage gain in five months, supported by higher rates across vessel segments. The overall index, which factors in rates for capesize,
March 2, 2023

PIL : Kota Hapas kicks off TPS Service from Thailand

International Shipping, Trending News
SINGAPORE : On 17 February 2023, Kota Hapas sailed out from the Thai Connectivity Terminal in Bangkok to embark on its maiden voyage serving PIL’s new Thailand Philippines Straits Service (TPS).    The occasion was
March 2, 2023

The arrival of MSC VIRGO in Pointe-Noire Promises a New Horizon for Central Africa

International Shipping, Trending News
GENEVA : MSC is set to welcome the MSC VIRGO, a 366-meter 15,000 TEU vessel at the Port of Pointe-Noire in Congo-Brazzaville on February 27, 2023. The arrival of this container ship is part
March 2, 2023

Spot rates for Shanghai container exports fall on all routes

International Shipping, Container, Foreign Ports, Trending News
SHANGHAI : Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai Shipping Exchange, the Shanghai Containerized Freight Index (SCFI),
March 2, 2023

Piled containers at Chinese ports ‘normal market adjustment;’ Hustle and bustle mirrors trade resilience, defies Western doomsayers

EXPORT, Logistics, Shipping, Trending News
BEIJING : Hundreds of trucks loaded with multi-colored containers queue in front of a 363-meter-long ship docked at a terminal at the Qingdao Port, East China’s Shandong Province, forming a line that stretches for
March 2, 2023

Atlas acquisition from business consortium to be completed in March

International Shipping, Shipping, Trending News
SINGAPORE : Poseidon Acquisition, a business consortium comprising Ocean Network Express (ONE) and major shareholders Fairfax Financial Holdings, the Washington family, and Atlas Chairman David Sokol, is expected to complete the acquisition of Atlas
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