Sea Freight

MSC linked to 20,000 teu ship order

Brokers report the Geneva-based carrier has booked two megaships at HHI for $155m each, with an option for two more

Charter rates reach four-year high amid freight rate implosion

Surge in demand for small ships on intra-Asia trades drives charter rally

Contargo adapts Rotterdam congestion surcharge

Intermodal operator will use Port Stay Index to calculate fee, as port situation ‘improves slightly, but not yet normal’

West coast dispute 'leads to structural shift in cargo'

However, SeaIntel says it is ‘too early’ to determine its long-term impact

Asia-north Europe prices take record tumble

Freight rates on key east-west trade down 32.5%, unprecedented in percentage terms

PMA ratifies five-year US west coast labour contract

Outcome of ILWU vote on new agreement expected Friday

DFDS reports good Q1 on Dover strait

Improvements lessen company’s disappointment over MyFerryLink court ruling

CMA CGM applies Yemen war-risk surcharge

US$300 per 20’ and $600 per 40’ unit ‘applicable with immediate effect’

Return to ‘normal’ on US west coast boosts carrier reliability

Latest Drewry analysis shows on-time performance on the three major east-west trades improving in April

Forwarders ‘face margin challenge for several years’

Current ocean freight capacity-demand imbalance appears set to continue, leaving agents with lower gross revenue from which to profit, concludes investment analyst Stifel

Hamburg loses ground on box rivals

German port feels impact of Russian sanctions as container volumes fall 2.3% during the first quarter

CMA CGM announces Asia-Europe rate hike

Group joins growing list of carriers pushing for $1,000 per teu GRI from 1 June

New inland port boost for Manila

Facility intended to relieve the country’s largest – and Asia’s most congested – container terminal, MICT

SNCM seamen face gun-running and drug-trafficking charges

Eight employees of embattled French ferry operator in Marseille court next month

CMA CGM quadruples profits in Q1

Drop in bunker prices, plus operating efficiencies and cost discipline, boost net earnings to $406m, despite Asia-Europe volatility

Advice & Insight

John Lu calls on Singapore to scrap antitrust immunity for box carriers

Industry veteran steps down as SNSC chairman after 18 years but continues to be a champion for shippers in parting speech

Carriers losing Asia-Europe gamble

Carriers received some respite this month on spot rates after weeks of decline. However, weak first-quarter demand figures have exposed their gamble on ULCVs

APM Terminals’ new €500 million Rotterdam facility ‘ushers in a new era in port innovation’

CEO says Maasvlakte II terminal is ‘clearly a game-changer’ in the shipping industry

Show me the money: MOL comes out swinging - Part 2

Will the Japanese carrier’s order for ultra large vessels set it on a course for profitability, or contribute to industry overcapacity and put further pressure on profits?

Show me the money: MOL comes out swinging - Part 1

Will the Japanese carrier’s order for ultra large vessels set it on a course for profitability, or contribute to industry overcapacity and put further pressure on profits?

Freight People

Rickmers poaches Oldendorff veteran

Scharffetter to head maritime services from August

Ital Logistics appoints John Bowes to sales team

Former Kuehne + Nagel business development manager joins rapidly expanding UK forwarder

Ceva appoints new COO of air and ocean

Helmut Kaspers has held operational and commercial positions with Kuehne & Nagel, DB Schenker, and Logwin

DHL forwarding chief resigns

Roger Crook, CEO of Global Forwarding, Freight division, steps down ‘for personal reasons’

Norbert Dentressangle appoints new forwarding MD

Loïc Gay to head up the group’s rapidly expanding Air & Sea division

Have Your Say

Cross-Channel pricing review: Quarter 1

The UK-mainland Europe haulage market has seen some significant volatility in prices, says Freightex CEO Tim Phillips

Boosting growth through logistics connectivity

CLECAT and FIATA director generals discuss the perils of inefficient logistics which can raise the costs of trading and reduce the potential for global integration

The value of quality is often underestimated

Peregrine Storrs-Fox, TT Club’s risk management director, says container buyers need to consider whether the product meets not just the statutory requirements, but all details of the specification

Ten tips for reducing your haulage spend

Often unsuspecting shippers have requirements they don’t realise add costs to carriers, says Freightex CEO Tim Phillips

The sales performance gap

Smaller freight forwarders will continue to be outgunned by their larger competitors until they learn how to think and act differently, claims Paul Kelly

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