#Cargo

Forwarders to negotiate rates with airlines in Unicef vaccine programme

Six global forwarders will ultimately determine the rates paid to airlines by Unicef for vaccine distribution. Yesterday, 16 airlines announced they had signed MoUs...

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%

SINGAPORE — A critical shortage of containers is driving up shipping costs and delays for goods purchased from China. The pandemic and uneven global economic r...

Carriers face load restrictions after new container spill, from Maersk Essen

There are calls for an urgent review of container lashing practices and stack height restrictions after another box ship lost a huge number of containers i...

With air cargo rates set to remain sky high, shippers need to plan carefully

Accurate forecasting by shippers will be crucial to manage their shipping requirements – and costs – efficiently, as air freight rates look set to remain...

Shippers and forwarders claim carriers breach contracts to demand higher rates

As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to &ldqu...

Freight forwarders feel the US$10k heat, in red-hot Asia/Europe market

Freight forwarders say that with Asia-Europe rates rising at least fivefold year-on-year, and total rates for some cargo having topped US$10,000/FEU, shippers are de...

Air Cargo Demand Surges in Face of Passenger Downturn

At the height of the pandemic, air cargo transportation firms have seen a huge surge in demand, to assist struggling global supply chain networks. Airlines which...

The Port of Halifax receives the largest container vessel to call at a Canadian port

Thursday morning, the largest containerized cargo vessel to call at a Canadian port arrived at the Port of Halifax. The CMA CGM Brazil, 366 metres length,...

Gantry crane contacted by container ship, collapsed

Container ship MOUNT CAMERON contacted gantry crane at Pier 2 of Chittagong Container Terminal in the afternoon Aug 20, while maneuvering to berth at Pier 5. Gantry...

Japanese mega container ship hard aground, South China sea UPDATE

Aug 20 UPDATE: Owner Statement: The owner and manager of the container ship Mackinac Bridge (152297 GT, 2015 built) report the vessel went aground in heavy weather...

Hapag-Lloyd Containership Quarantined in South Africa After Crew Members Test Positive for Virus

A Hapag-Lloyd containership has been ordered to quarantine at a Durban, South Africa anchorage after two crew members on board tested positive for COVID-19, Hapag-Ll...

Air freight specialists see business boom as shipping gets constrained over virus fears

As factories across China continue to come on line in the coming weeks after a month-long shutdown from the COVID-19 coronavirus outbreak, the manufacturing sector i...

Nine shipping and port companies sign up to global digital collaboration

Nine shipping companies and terminal operators have signed an agreement indicating their intention to become shareholders of the proposed Global Shipping Business Ne...

Cargo Facts Asia conference moves to Singapore in wake of coronavirus

Cargo Facts Asia 2020 has moved to Singapore in response to the novel coronavirus that began in China in December. Royal Media Group, Cargo Facts Asia’s pro...

Hamburg denies it will lose volumes in shipping alliance network shifts

By Gavin van Marle  24/01/2020 The German container gateway of Hamburg won’t see a drop in throughput after the shipping alliance network reshu...