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Pan Ocean Shipping is stepping up its expansion!South Korean shipowner Pan Ocean is stepping up its expansion. According to a US brokerage report, Pan Ocean will spend $70 million to acquire the Newcastlem...08-08 -
CMA CGM–Short Sea Lines Division xuānbù cóng jīnnián dì 28 zhōu kāishǐ tuīchū EMED 1 fúwù. Zhè tiáoCMA CGM–Short Sea Lines Division announced the launch of the EMED 1 service from week 28 of this year. The new route will cover the Turkish port of Ant...06-22 -
Maersk imposes peak season surcharge on South China to Bangladesh routeDanish container shipping company Maersk will impose a Peak Season Surcharge (PSS) on dry and refrigerated containers shipped from southern Chinese ports to Ban...06-02 -
Freight volume rebounds, shipping companies gradually resume Ukrainian routesUkraine is reintegrating into global container trade. More than 800 days after the war in Ukraine, global shipping lines are returning to Ukraine, even as the c...05-29 -
Q1 loss! Strike action affects Lufthansa's performanceThe cargo subsidiary of Lufthansa Group posted an adjusted operating loss of $23.5 million in the first quarter, down from $166 million in the same period in 20...05-15 -
Red Sea conflict continues, global long-term shipping rates riseAccording to the latest data from the Xeneta Shipping Index (XSI®), ocean container carriers are treading a fine line between risk and reward in new contrac...05-07
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Airline operators increase freighter operations as demand for air and sea services surges in AfricaKenya Airways has entered into service its second Boeing 737-800 freighter and hopes the additional capacity will help the airline meet growing sea air demand t...04-21 -
Red Sea disruptions continue to push up container freight rates since the start of the yearSince the beginning of the year, containership values have risen sharply across almost all sectors and age categories. After a long period of decline, valu...04-20 -
The rise is obvious! Red Sea Challenge increases charter ratesAnalysts and brokers continue to report that charter rates are spiralling as carriers look to fill gaps on routes diverted from Asia to Europe. Charter rates ha...03-13 -
Air cargo demand continues to rise in FebruaryThe air cargo market saw another double-digit percentage increase in demand in February, continuing the "unexpectedly strong" momentum at the beginnin...03-11 -
Reminder: EU Import Control System 2(ICS2)- Phase 3From 3 June 2024, the EU's new Customs pre-entry security protection system - Import Control System 2 (ICS2) - will introduce new processes for goods enteri...02-27 -
Soft demand led to a decline in cargo traffic at Liège Airport in 2023.Due to a sluggish economic environment and the restructuring of the FedEx network, cargo traffic at Liège Airport declined last year. Belgium's bu...01-12 -
Twelve countries have warned the Houthis against further attacks in the Red SeaOn January 3, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, the Netherlands, New Zealand, the United Kingdom and the United States issued...01-06 -
The shipping company announced: Transportation costs will increase by 7100 yuan! These products wilDue to frequent recent incidents of commercial ships being attacked in the Red Sea area, several international shipping companies have announced successive susp...12-26 -
Shippers may consider air freight as an alternative to avoid delays in Red Sea maritime shipping.Due to the ongoing uncertainty of the Red Sea shipping crisis and the anticipated shortage of vessels ahead of the Chinese New Year export rush, global business...12-25
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Change lanes! 12 container ships left the Red Sea due to terrorist threatsAccording to analyst Alphaliner, at least a dozen container ships have been diverted from the Red Sea to avoid possible attacks by Houthi militias on the longer...12-06 -
Hapag-lloyd announced the introduction of a war risk surcharge from 2024Hapag-lloyd has announced the imposition of a War risk surcharge (WRS) on shipments to and from Israel starting January 1, 2024, which will apply to all contain...12-05 -
Air cargo outlook: Demand expected to weaken in 2024.Speakers at the Tiaca Executive Summit indicated that senior executives in air cargo anticipate air freight demand in 2024 to remain stable or slightly higher t...11-15
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"Effective December 1st, there will be a price increase! Hapag-Lloyd is raising the FAK rates betweeHapag-Lloyd has announced an increase in various Freight All Kinds (FAK) rates between the Far East and Northern Europe, as well as the Mediterranean. Starti...11-08
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Shipping line announce war risk surcharges at Israeli portsShaul Schneider, executive chairman of the board of directors of Israel's Ashdod Port Company, said that despite the ongoing conflict between Israel and Ham...10-25
