FREIGHT NEWS

ZIM aims to improve operations through AI solutions
ZIM aims to improve operations through AI solutions

ZIM Integrated Shipping Services Ltd. (ZIM) and Data Science Group (DSG) have signed a joint venture for the establishment of a Center of Excellence in the field of artificial intelligence (AI) which will update the shipping company's operations.

Maersk announces OC1 service adjustments
Maersk announces OC1 service adjustments

Maersk has decided to make changes to the OC1 service due to ongoing delays aiming to reestablish schedule reliability.

MSC revises Middle East, Indian Subcontinent – USEC network
MSC revises Middle East, Indian Subcontinent – USEC network

Mediterranean Shipping Company (MSC) has announced the enhancement of its Middle East, Indian Subcontinent & US East Coast network, which now includes three distinct services.

Container equipment costs twice the price in the span of one year
Container equipment costs twice the price in the span of one year

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.

Hapag-Lloyd publishes new rates from Europe to America
Hapag-Lloyd publishes new rates from Europe to America

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.

The Alliance cancels 12 sailings in August, double the blank sailings of 2M and Ocean Alliance
The Alliance cancels 12 sailings in August, double the blank sailings of 2M and Ocean Alliance

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.

Evergreen buys more containers
Evergreen buys more containers

Evergreen Marine Corporation announced on 6 August that it will buy 10,000 containers from Dong Fang International Container (Hong Kong).

Freight rates continue global upward trend
Freight rates continue global upward trend

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).


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