Intra-Asia boxship operator Samudera Shipping Line says the potential reactivation of idle containership capacity is casting a cloud over the industry.
Hapag-Lloyd will increase rates by US$125 per teu on all containerised cargo from Europe and the Black Sea to east Asia (including Japan), on 1 April, and from the Indian subcontinent to Europe by $200 per teu.
India's major ports saw container throughput grow by 31% year-on-year in January to 608,000teu, led by strong expansion at terminals in Mumbai and Chennai.
MSC has announced it will scrap its US$100 per teu Asia-Europe peak season surcharge from 15 March, but will add it into its freight rate.
Container traffic at France's two major ports, Marseille and Le Havre, came to a standstill on Friday as a result of a 24-hour strike called by the CGT labour union in protest to what they claim to be an undermining of the right to strike.
Air China Cargo is to take control of four Cathay Pacific B747 freighters this summer under a joint-venture signed today.
Lufthansa Cargo said it expected freighter services to return to normal today, and passenger flights by tomorrow, after the airline reached an agreement with its pilots.
Japanese hi-tech manufacturer Fujifilm has selected Kuehne + Nagel (KN) as its contract logistics partner in Poland.
A Danish giant's decision to pull out of Kaohsiung is seen as a huge blow to the port's future as China gains ground.The world's largest boxship player has denied it is abandoning its operations in Taiwan in order to concentrate on the growing Chinese market.
The Port of West Sacramento announced that the US Department of Transportation (DOT) is awarding US$30 million to a partnership including the ports in West Sacramento, Oakland and Stockton to launch an inland marine highway service, reported Agriculture Week.
Hapag-Lloyd has announced a series of rate increases on its services between Latin America and Europe and Africa from 1 April.
OOCL has announced rate increases and peak season surcharges on its Europe-Australia and New Zealand services.
Koon Holdings has won a US$160.29 million port project in Vietnam ¨C its first major overseas contract, reported Business Times.
Port of Tauranga said it was addressing a drop in imports through its port during the recession, and signalling a similar annual profit to last year after reporting a two percent rise in interim profit.
Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) will raise dry cargo rates by US$300 per FEU and $240 per TEU from April 1.
Forwarders and shippers are facing more price increases on the Asia-to-Europe trade, this time from CMA CGM and Coscon.
Hamburg S¨¹d has decided to scrap its Mediterranean-Caribbean service and replace it with a slot-charter agreement on Hapag-Lloyd's MGX service.
The director at the US port of Georgetown said the dredging situation there is now bad enough that the port turns away cargo and diverts it to Charleston, according to The Sun-News.
Mundra Port and Special Economic Zone Ltd (MPSEZ), a company promoted by billionaire Gautam Adani, has received a major jolt with a Union government panel rejecting its proposal to expand the SEZ area, reported DNA.
Taiwan's Ministry of Transportation and Communications (MOTC) will announce a series of measures this year to boost the territory's shipping industry, said Yeh Kuang-shih, a deputy minister.