P&I Clubs go for double-digit increases as pool claims rise
The frequency of International Group of P&I Clubs’ (IG) pooled claims, which lie between $10m and $100m and are shared by its 13 member Clubs, is not rising, but the scale of individual claims
Shahrouri warns of a crazy rise in shipping prices: the decrease is temporary #Ammon
SHANGHAI : Secretary of the Jordanian community in China sector expert logistics rare Shahrouri, the shipping fees will not go significantly down, but will temporarily decline may be followed by waves of height can be described Paljnonah, as
US import rates poised for rebound as congestion worsens
All-inclusive container shipping rates from North Asia to North America are increasingly likely to rebound in November as port congestion and supply chain gridlock countered other bearish indicators. The October downturn in trans-Pacific eastbound
MSC to impose rate increases from Italy to America
GENEVA : MSC, the second-largest shipping line in the world, will apply new Freight All Kinds (FAK) increases for sailings travelling from Italy to America. More specifically, the Swiss carrier will increase its rates
Shadow inflation: Shipping costs are up way more than you think
Name something that costs far more than it did before the pandemic that simultaneously gives you far less value for your money than it used to. Of all the goods and services in the
MSC increases freight rates from Africa to Europe
GENEVA : Mediterranean Shipping Company (MSC) has published new Freight All Kinds (FAK) increases for cargoes travelling from Africa to Europe. The updated prices will be effective from 11 November. Firstly, the Swiss carrier
Kutch trade body urges Centre to set up national shipping line carrier
RAJKOT : With the container shortage crisis crippling the exim trade, the Federation of Kutch Industries Association (FOKIA) has sought urgent intervention of the central government in regulating the exorbitant freight rates by setting
North America’s biggest container port faces record backlog
NEW YORK : Approximately 200,000 shipping containers remain on ships off the coast of Los Angeles as pandemic-related gridlock continues to disrupt various supply chains, according to Gene Seroka, the Executive Director of the