The United Nations Conference on Trade and Development (UNCTAD) has expressed serious concerns regarding the increasing disruptions to global trade. UNCTAD has stated that a…
The owner of the container ship Ever Given, which blocked the Suez Canal for some time in March, has made a new offer of compensation…
MSC has shipped 11 ballast wagons from Antwerp to Montevideo in a single shipment. To accommodate the wagons, a bed of 24 fourty-foot flat racks…
Hapag-Lloyd has acquired NileDutch to strengthen the company’s position in the African market. “Our combined customer base will benefit from a denser network from and…
Almost exactly one year after the Covid-19 pandemic hit Europe, the charter rates for multipurpose and heavy-lift vessels are back at their pre-pandemic level and…
The incredible shortage of empty containers will at least last into January, analyst firm SeaIntelligence Consulting states. And to end the situation by then, the…
CMA CGM has informed its customers that it will not accept bookings for the transport of containers from Asia to Northern Europe (Asia-Europe trade lane)…
DSV has chartered three multipurpose vessels and a small pool of containers to provide its customers with a direct service from China in Denmark in…
The recovery of the charter rates is gaining momentum. The average charter rate for a 12,500 dwt multipurpose vessel in December increased by 202 dollars…
Maersk is laying off 2,000 employees as a result of the large-scale reorganisation that started at the beginning of September. The end of Damco had…
The number of shipping disasters involving the complete loss of a ship fell to its lowest level ever last year. On the other hand, the…
Maersk is introducing a new penalty fee for the misdeclaration of out-of-gauge cargoes. The container carrier says it is experiencing too many incidents with shipments…