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Hapag-Lloyd confirms GRI of US$1,000/box from US and Canada

Hapag-Lloyd will apply a General Rate Increase (GRI) of US$1,000/container from the United States (US) and Canada West Coast to Arabian Gulf, Red Sea, and Indian Subcontinent, effective from 1 August. In particular, the GRI will apply for all container types for all dry, reefer, non-operating reefer tank, flat rack and open-top containers from the […]

FIATA and ICHCA continue their collaboration

FIATA and ICHCA Vy khang

FIATA International Federation of Freight Forwarders Associations and the International Cargo Handling Coordination Association (ICHCA) have renewed their Memorandum of Understanding (MoU). The agreement facilitates close coordination between the two organisations to help them pursue their respective organizational goals and further mutual understanding, according to a statement. Additionally, the MoU is expected to create the […]

COSCO and Seaspan ink fixed agreements for 17 container vessels

The Canada-headquartered container vessel owner and operator, Seaspan has forward fixed contracts, extending current lease terms for 17 container ships with COSCO SHIPPING Lines. The vessels, representing approximately 117,700TEU, were previously scheduled to conclude current charters with COSCO for two vessels in 2021, 13 vessels in 2022, and two vessels in 2023, which have now […]

Global port coalition to explore solutions on industry issues

Port authorities from Africa, Asia, Europe, Middle East, and the United States have signed a declaration on their collective response to disruption, digitalisation, and decarbonisation at the 6th Port Authorities Roundtable (PAR), which virtually hosted by the Antwerp Port Authority on 22 and 23 June. With this year’s PAR theme being “Ports as Levers for […]