FREIGHT NEWS

Hapag-Lloyd suspends India – Bangladesh bookings
Hapag-Lloyd suspends India – Bangladesh bookings

The German carrier, Hapag-Lloyd has announced it will temporarily stop accepting bookings from/to Krishnapatnam in India to/from Chittagong in Bangladesh with immediate effect and until further notice.

Louisiana Port moves forward with new box terminal and integrated rail logistics
Louisiana Port moves forward with new box terminal and integrated rail logistics

Plaquemines Port Harbor & Terminal District authorities in Louisiana made major announcements on 11 August with the proposed new container terminal inching closer to reality, as the development partners LA23 Development Co. secure land along the Mississippi river for the terminal.

TS Lines recovers investment through record vessel charter
TS Lines recovers investment through record vessel charter

Taiwanese intra-Asia carrier TS Lines has recouped the US$6 million it paid to acquire a 2007-built, 2,500TEU ship, after chartering out the vessel for a record amount.

Major container lines push up Europe and Med rates
Major container lines push up Europe and Med rates

Three of the largest container shipping companies in the world, Hapag-Lloyd, MSC and CMA CGM have announced new rates from/to Europe and the Meditteranean, which will be effective from August and September.

Covid-19 hits Ningbo, fears of “the next Yantian”
Covid-19 hits Ningbo, fears of “the next Yantian”

Liner operators have advised customers to expect delays following the closure of Ningbo Meishan Island International Container Terminal (MSICT) after a worker there tested positive for Covid-19.

Port congestion clears in Chittagong
Port congestion clears in Chittagong

Although most of the regional and transshipment ports are facing acute congestions, the Chittagong port is now free of vessel crowed.

2M Alliance updates Far East Asia – North Europe routings
2M Alliance updates Far East Asia – North Europe routings

2M Alliance, which includes Maersk and MSC, has announced several reschedules in two of its services which connect Far East Asia with North Europe.

HMM achieves record profits and increased volumes during 2021 H1
HMM achieves record profits and increased volumes during 2021 H1

HMM has reported its highest operating profit in its history of US$2.06 billion in the first half of 2021 with a margin of 45.1%, while the companys revenue almost doubled to US$4.56 billion, compared to 2020 H1.


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