#Om Bali Cargo

BGMEA, BFFA for direct vessel operations with Europe, USA

At a meeting held at Chattogram BGMEA Bhaban on Sunday, leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Bangladesh Freight...

Shippers Fret as ‘Opaque’ Detention and Demurrage Charges Soar

By Nick Savvides (The Loadstar) – A doubling of detention and demurrage charges (D&D) during the pandemic has resulted in complaints across the US, Euro...

Extreme Freight Rates Begin to Change Shippers' Calculations

The containerized shipping industry has been essential to global commerce for its low shipping costs. However, high freight rates are starting to have an impact on c...

Egypt signs non-disclosure deal over canal blockage compensation

CAIRO: Egypt has signed a non-disclosure agreement with the Japanese owner of a megaship that blocked the Suez Canal in March as it finalises a compensation agreemen...

Early agreement reached in dispute over Ever Given cargo ship which blocked Suez Canal

By The Associated Press The owners and insurers of the giant container ship that blocked the Suez Canal for nearly a week earlier this year have reached an agre...

South China Ports in Crisis as Congestion Spreads

By Sam Whelan (The Loadstar) – South China’s port congestion has gone from bad to worse – delays at Yantian are spilling over to nearby Shekou a...

CIMC boss sees no end to container crunch in 2021

The Chief Executive Officer (CEO) of the world's largest container manufacturer, China International Marine Containers (CIMC), predicts that the well-publicised...

Teleport Converts Two A320s Into Air Freighters

KUALA LUMPUR: AirAsia Group Bhd's cargo and logistics unit Teleport has operated its maiden freighter flight with a dedicated B737-800F aircraft, reinforcing its...

CIMC boss sees no end to container crunch in 2021

The Chief Executive Officer (CEO) of the world's largest container manufacturer, China International Marine Containers (CIMC), predicts that the well-publicised...

Container rates rocket even higher — and there’s no end in sight

Another week, another record for container shipping spot rates. And alarmingly for shippers, upward rate momentum is accelerating. Different indexes come up with dif...

Inside container shipping’s COVID-era money-printing machine

It’s a seemingly basic shipping formula: Liners operate a fleet of container vessels, whether owned or chartered, with total capacity measured in twenty-foot e...

Shipping snarls may last well into 2022

The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about w...

Teleport converts two A320s into air freighters

KUALA LUMPUR: AirAsia Group Bhd's cargo and logistics unit Teleport has operated its maiden freighter flight with a dedicated B737-800F aircraft, reinforcing its...

Maersk's ‘technical challenges’ with booking system not a cyber-attack

Maersk Line has confirmed that a failure of its booking systems was not due to a cyber-attack, but rather the result of a technical failure. The Danish carrier&rs...

Higher Shipping Fees Hurt Smaller Firms

Vietnamese exporters are struggling to send goods abroad despite high demand because of a nearly five-fold year-on-year surge in container shipping costs. Shipping...