Logistics News
- A.P. Moller: Maersk Launches Maersk Air CargoOn April 8, Maersk issued an announcement on its official website, announcing the establishment of Maersk Air Cargo to continue expanding its logistics and multimodal transport products to improve integrated logistics service capabilities.Logistics News April 11, 2022
- 20 Carriers Investigated for Allegedly Manipulating RatesIt has issued a total of 96.2 billion won to 12 well-known liner giants including HMM, Koryo Shipping, Changjin Merchant Shipping, Xingya Shipping, and Senro Merchant Shipping, including 11 foreign merchant shipping companies such as Maersk and Evergreen. A total of 23 large shipping companies Following the fines, the Korea Fair Trade Commission (KFTC) has once again investigated 20 local and overseas liner operators for allegedly colluding to manipulate freight rates on routes from South Korea to China and Japan.Logistics News April 08, 2022
- From April 1, CMA's Shipping Cost Calculated Based on ETAFrom April 1, 2022 (the actual sailing date), CMA CGM will implement the "freight fee will be based on the actual sailing date as the freight applicable date" for all routes exported from China (except North America).Logistics News April 06, 2022
- Evergreen Declares General Average for Ever ForwardEvergreen's "Ever Forward" ran aground outside Baltimore, Maryland, USA. On March 29th and 30th, two attempts to get out of trouble were unsuccessful. Evergreen declared general average on the 31st based on the common interests of all properties on board. The next attempt to float is scheduled for April 3-4, when two barges and five tugboats will be mobilized to assist in the operationLogistics News April 02, 2022
- ONE Announces Special Loading RequirementsOn March 28, ONE issued a Cargo Safety Bulletin, involving Special Stowage Requirement for Non-DG and Non-Special Cargoes.ONE says safety is the number one priority when transporting goods. Therefore, to ensure compliance with the company's global cargo receipt policy and safety standards, ONE is coLogistics News March 29, 2022
- Freight Rates on U.S.-East Routes RiseRelated data shows that freight rates on the U.S. West route reached $16,000/FEU, while spot rates on the U.S. East have approached $17,500/FEU, with the peak rate on the route being $20,000/FEU at the end of 2021.Logistics News March 28, 2022
- Bulk Carrier Port Congestion Index Hits Record HighAccording to the latest market report compiled by Clarksons Research Services, the port congestion index for bulk carriers (capesize/Panamax) reached a record high of 36.3% in the third week of February. The index has averaged 35% so far this year, up from 32.8% in 2021.Logistics News March 28, 2022
- From May 1st, Many Shipping Companies Will Collect GRI FeesRecently, a number of shipping companies announced that from May 1, the "General Rate Surcharge" (GRI) on the Asia-US trans-Pacific route will be increased.Logistics News April 21, 2022
- Maersk's MONTE CERVANTES Container Collapses During Terminal OperationsOn April 14, a Maersk-owned "MONTE CERVANTES" container ship was carrying out cargo operations at the Tecon terminal in the port of Santos, Brazil, when two containers fell from the ship into the water. Four containers collapsed, but these collapsed containers are still on board.Logistics News April 18, 2022
- Chittagong Faces Severe Congestion as Eid al-Fitr ApproachesContainers and ships at the port of Chittagong will experience severe congestion as Bangladesh approaches its nine-day Hari Raya holiday on Friday.Logistics News April 27, 2022