FREIGHT NEWS

59% of all containers leave US ports empty
59% of all containers leave US ports empty

The Covid-19 has truly put the global supply chain in turbulence. After several months, when the global economy has reopened, the blue transport corridor is witnessing plenty of problems- bottlenecks, port congestion, hiked container prices, and shortage of container vessels, to name a few.

Hapag-Lloyd’s AL3 service returns to Savannah
Hapag-Lloyd’s AL3 service returns to Savannah

The German shipping line Hapag-Lloyd has announced that its Atlantic Loop 3 (AL3) service will start calling again at the Port of Savannah, after a port call shift from Savannah to Jacksonville, announced on 8 October.

Ports Of Long Beach & Los Angeles Keep ‘Container Dwell Fee’ On Hold Until Dec. 13
Ports Of Long Beach & Los Angeles Keep ‘Container Dwell Fee’ On Hold Until Dec. 13

The Port of Long Beach and the Port of Los Angeles announced that consideration of the “Container Dwell Fee” would be held off another week, until Dec. 13.

MSC sets increased prices from Israel to Canada and Mexico
MSC sets increased prices from Israel to Canada and Mexico

Mediterranean Shipping Company (MSC) has published fresh increases in its freight rates for sailings from Israel to Canada and Mexico.

MSC pushes up rates to American ports
MSC pushes up rates to American ports

Mediterranean Shipping Company (MSC) has announced the implementation of new Freight All Kinds (FAK) rate increases from 1 January 2022 for shipments destined to the US and the Caribbean.

Chittagong makes e-payment mandatory for shippers from 2022
Chittagong makes e-payment mandatory for shippers from 2022

Bangladesh has made mandatory the e-payment of any kinds of duty-tax, fees, and charges, linked to export and import trade, through Chittagong customs house (CHC).

India explores breakbulk option amid box crisis
India explores breakbulk option amid box crisis

While India’s Shipping and Ports Minister Sarbananda Sonowal has assured an early solution to the country’s container shortage problem that has kept both importers and exporters on the edge, the shippers and freight-forwarders are now moving towards more unconventional methods like breakbulk to survive the demand boom and capacity imbalances.

Top 10: Ship owning nations in the world
Top 10: Ship owning nations in the world

November 2021 total fleet values in the following Top 10 Ship Owning Nations list include the following vessel types: Bulker, Tanker, Container, Reefer, Small Dry, LNG, LOC, Vehicle Carriers, RoRo, Cruise, OSV, OCV, MODU and CTV.


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