#Cargo Service
Maersk returns to the skies with Maersk Air Cargo
A.P. Moller – Maersk has announced the launch of Maersk Air Cargo as the company's main air freight offering, while it has chosen Denmark’s second-la...
Shipping giant MOL confirms it has stopped carrying used EVs over safety concern
One of the world’s largest car-shipping companies, Mitsui OSK Lines, has confirmed it has suspended transporting used electric vehicles on its cargo ships....
Europe to NE Asia airfreight rates soar as airlines focus on the spot market
By Alex Lennane 06/04/2022 The airfreight spot market from Europe to South Korea and Japan has soared in the past week, its market share up more tha...
Backing for nuclear-powered ships grows
Support is growing for Mikal Bøe-led Core Power, a high profile developer of nuclear propulsion for merchant ships. First launched in 2018, Core Power toda...
Singapore Joins Global Initiative to Create Green Shipping Corridors
Singapore, which views itself as a global hub for shipping, is accelerating its role in the decarbonization of the global shipping industry seeking to set an ex...
Sky-High Container Freight Rates Seem Unfazed by Global Issues
By Mike Wackett (The Loadstar) – Covid lockdowns in China, war in Ukraine and the threat of hyper-inflation are a toxic mix of unpredictability fo...
Panama Canal Proposes New Toll System, Raising Transit Costs
By Michael McDonald (Bloomberg) — The Panama Canal Authority proposed a comprehensive restructuring of its toll system on Friday, which...
Evergreen declares General Average on grounded Ever Forward
Evergreen, the owner of the 11,850 TEU Ever Forward which has run aground in the Chesapeake Bay in the United States since 13 March, has declared General A...
Ocean Carriers’ Shift to Owning More Ships Depletes Containership Charter Market
The shift by some ocean carriers to owning more tonnage rather than chartering-in ships has depleted the containership charter market by 1.6 mllion teu, according to...
Britain faces fresh supply chain crisis with world’s worst waits – while Omicron strikes China
Data obtained by i shows the UK has been particularly badly hit by the logistics snarl-up caused by factors from the pandemic to Brexit Britain last yea...
Yang Ming Opts for LNG for New 15,000 TEU Containerships
Taiwanese ocean carrier Yang Ming Marine Transport has announced that it’s board of directors have approved a plan a equip five 15,000 TEU newbuild containersh...
ZIM secures new chartering deal for three 7,000 TEU LNG dual-fuel vessels
ZIM has announced a new eight-year charter agreement with a shipping company that is affiliated with Kenon Holdings Ltd, which is ZIM's largest shareholder holdi...
Worn-Out Containers Raise Risk for Shippers and Ships, Warns TT Club
PUBLISHED JAN 19, 2022 9:51 PM BY THE MARITIME EXECUTIVE In a circular released Tuesday, cargo insurer TT Club highlighted a little-considered risk of the on...
Shippers challenge container line demurrage fees in US courts
Shippers set to challenge “disingenuous” shipping lines to claw back demurrage fees at Los Angeles and Long Beach ports. Rainbow Nelson | Jan 21,...
Launch of 5G tomorrow will bring US air commerce to a halt, say airlines
By Alex Lennane 18/01/2022 US commerce by air will “grind to a halt” tomorrow, with airlines forced to ground aircraft, unless there is&...
01 September 2024
Container Prices Double, Leasing Rates Triple in China
04 September 2024
Maersk sets new bar with shipping’s first climate target validation
06 September 2024
Port of Los Angeles Reports Another Busy Month for Cargo Volumes
09 Agustus 2024