CMA CGM Alcazar / Source: VesselFinder French ocean carrier CMA CGM has announced new Freight All Kinds (FAK) rates, as follows, from 1 November (date of loading in the origin ports) until further notice: From All Asian Ports 20′ 40’/40’HC to West Mediterranean US$3,300 US$4,700 Adriatic US$3,500 US$4,900 East Mediterranean US$3,400 US$4,800 Black Sea US$3,500 […]

Ocean Network Express (ONE) has announced an addition to its Asia-Mediterranean network with the introduction of a new service. The Singapore-based ocean carrier will launch the Mediterranean 5 (MD5) service to enhance its direct coverage from the Mediterranean to Asia. The port rotation of the new service will be Barcelona (Spain) – (Suez/Cape of Good […]

MSC Michel Cappellini at the Port of Sines in Portugal Swiss/Italian container line MSC has decided to implement new rates from all Asian ports (including Japan, Korea and Southeast Asia) to Northwestern Europe, West Mediterranean, Adriatic, East Mediterranean and Black Sea, effective from 1 November. The new freight rates will be as follows: Port of […]

Strike action at ports on the US East and Gulf Coast ended, after a new wage agreement was reached – but a backlog of more than 40 ships waiting to offload billions of dollars of cargo means the pain is not yet over. The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) reached […]

Port of New Orleans (Port NOLA) International Longshoremen’s Association’s (ILA’s) strike at the United States East Coast ports has already started affecting shipping operations. While much of the current speculation focuses on the potential duration of the strike, Danish maritime data analysis firm Sea-Intelligence has taken a different approach by examining the impact that the […]

Taiwanese mainline operator Yang Ming Marine Transport is exploring various ways to procure more energy-efficient ships. Speaking at a press conference on 25 September, Yang Ming president Cliff Pai said these include purchasing vessels already on long-term charter. The company is exploring more newbuilding orders and will also retrofit some ships to be dual-fuelled. Due […]

OOCL Savannah / Source: VesselFinder Significant developments from CNC Line, OOCL, Sinokor and Heung A underscore the need for growing connectivity between key ports in Asia, particularly the Philippines, Southeast Asia, and Northeast Asia. CMA CGM-owned CNC Line has recently introduced the Luzon Visayas Mindanao Express (LVMX), an intra-Philippines service aiming to enhance trade between […]

The joint service FAX/IEA/EAX/REA/FAS – operated by Emirates Shipping Line, Global Feeder Shipping, Interasia Lines, KMTC, Regional Container Lines, and T.S. Lines – is undergoing a significant change. Effective in October, the service will be restructured into two distinct loops, focusing separately on routes to Kenya and Tanzania. The reconfiguration introduces two new services with […]

OOCL container vessels at the port of Long Beach Uncertainty is affecting the Atlantic trade as the election rhetoric ramps up, and we approach the deadline for employers and US East Coast dockers to reach a contract agreement. Rates on the Atlantic have fluctuated over this year as shippers seek to avoid the worst effects […]