FREIGHT NEWS
28/09
2023
With the exception of trades to Europe and the Mediterranean, container freight rates out of India have seen no noticeable recovery signs for carriers, according to the latest market analysis by Container News.
26/09
2023
Container volume at the Port of Oakland fell in August compared to the same month last year with the Californian port handling 135,253 TEUs, down 13.1% year-on-year.
28/08
2023
Ocean carriers are giving back their recent Asia-North Europe FAK rate increases via heavy discounts for October shipments from China.
23/08
2023
Long-haul freight rates have given way to the lack of capacity discipline, as the Shanghai Containerized Freight Index (SCFI) lost ground after three weeks of gains.
03/08
2023
French ocean carrier CMA CGM has announced the extension of its FAL 1 service into Poland. The Marseille-based company said the first sailing Westbound from Asia will be on 10 August ex Pusan with CMA CGM Jacques Saade with an estimated time of arrival (ETA) at Gdansk on 5 October.
31/07
2023
French ocean carrier CMA CGM reported revenue of US$12.3 billion and net income of US$1.3 billion in the second quarter of the year. These figures represent huge year-on-year decreases over the previous record year for the container lines when CMA CGM achieved US$19.5 billion in revenue and US$7.6 billion in profit.
31/07
2023
German port and terminal operator Hamburger Hafen und Logistik AG (HHLA) is adjusting its forecast for the current financial year based on preliminary figures for the first half of 2023.
27/07
2023
Georgia Ports handled a total of 5.4 million TEUs in fiscal year (FY) 2023 (1 July 2022 - 30 June 2023), down 6.7% or 387,000 TEUs compared to the previous record FY.