MCS resolves FMC dispute with COSCO, complaint against MSC pending

US furniture manufacturer MCS Industries, which had filed a complaint to the Federal Maritime Commission (FMC) alleging that Chinese state-owned shipping group COSCO Shipping Lines and Swiss-Italian liner operator MSC breached their shipping service agreements, has settled its dispute with COSCO. The complaint was lodged on 28 July and related to the provision of Trans-Pacific […]

Maersk confrims another e-commerce firm acquisition

AP Moller – Maersk has acquired the Portuguese cloud-based start-up HUUB in order to enhance its e-commerce network and facilitate its technology capabilities. HUUB, specialised in technology solutions for business-to-consumer (B2C) warehousing for the fashion industry, constitutes the third acquisition by Maersk within e-commerce logistics for this year, following the acquisitions of Visible SCM and […]

Typhoon Chanthu to cause more supply chain disruptions

Typhoon Chanthu, which hit east-central China on 13 September, is expected to cause further delays for ships waiting to enter the country’s two busiest container ports, with Shanghai and Ningbo having suspended operations again on 13 September. Linerlytica analyst, Tan Hua Joo told Container News that when Typhoon In-fa hit the same area on 26 […]

ONE revises Asia to Middle East Asia service network

The Singaporean container line, Ocean Network Express (ONE) has announced the revision of its service network from Asia to Middle East Asia. The company’s new Asia Gulf Express 4 (AG4) service, which will start on 21 September with the 21,200TEU container ship Cosco Shipping Planet, will have the following rotation: Qingdao – Shanghai – Ningbo […]

Short term relief soon for Indian exporters amidst container crisis

A ray of hope for Indian exporters is expected in the current week as the Commerce Ministry in India has assured that they will announce short-term measures to ease the situation of acute container shortage and skyrocketing box prices caused by the Covid-19 pandemic. India’s Commerce Secretary BVR Subrahmanyam stated to the media that the […]