NEWS
10/08
2021
Dry freight shipping container prices have skyrocketed in a year to reach record highs, but will decrease in the next years, according to Drewrys newly released Containers Census & Leasing Annual Review and Forecast 2021/22 study.
09/08
2021
Hapag-Lloyd has announced new increases in ocean tariff rates that will be effective from 1 September, for sailings from European ports to several destinations in America.
09/08
2021
Over the next four weeks, The Alliance (Hapag-Lloyd, ONE, Yang Ming, HMM) has announced 12 cancellations, followed by 2M (Maersk, MSC) and Ocean Alliance (CMA CGM, COSCO, Evergreen) with four and two cancellations, respectively, according to the latest Drewry's weekly "Cancelled Sailings Tracker", which provides a snapshot of blank sailings announced by each Alliance versus the total number of scheduled sailings.
09/08
2021
Evergreen Marine Corporation announced on 6 August that it will buy 10,000 containers from Dong Fang International Container (Hong Kong).
09/08
2021
Freight rates continue to rise globally due to several factors, such as the container shortage and the economic pull of the United States, according to the Port Authority of Valencia (PAV).
09/08
2021
The world’s two largest ports are experiencing unprecedented volumes of tankers, bulk carriers and containerships back up into the East China Sea as a combination of renewed Covid cases, fierce weather and strong US demand creates further supply chain havoc.
09/08
2021
The shipping rates of containers from China to the USA have been impacted severely as shipping costs from China shot up 200% from pre-pandemic levels.
09/08
2021
The Ministry of Finance has proposed revising the tax rates on supplies, raw materials and semi-finished products in the Export Tariffs.