Shipping majors may see freight rates dive below operating costs
The biggest carriers posted net income totalling $364 billion in 2021 and 2022, according to figures compiled by industry veteran John McCown, after a decade
The biggest carriers posted net income totalling $364 billion in 2021 and 2022, according to figures compiled by industry veteran John McCown, after a decade
The carriers said both the alliance’s FE5 Asia-North Europe and the EC4 Asia-US east coast services would be suspended from week 46, until further notice,
ODeX’s entry into the US market promises to introduce unprecedented transparency and efficiency to the container shipping sector through the digitization of documentation and the
At the company’s headquarters in Hamburg, Germany’s Federal Minister of Digital and Transport, Dr Volker Wissing, personally installed the 700,000th device on a container. Wissing
And, with the 2024 budget season looming, the shipping lines will want to jettison unprofitable cargo from their customer portfolios. For example, MSC this week
Hapag Lloyd’s ocean tariff rates from Bangladesh to North Europe* and South Europe** will increase. This update will apply for all 20’ and 40’ dry
In particular, this rate increase will apply for all 20’ and 40’ dry containers, including high cube equipment, and will be effective from 20 October
Hapag-Lloyd announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) from the Middle East and Indian Subcontinent to the United States East Coast
The Hamburg-based ocean carrier said the GRI will be US$100/container from Mundra, Nhava Sheva and Hazira in India to Tema in Ghana and Lagos (Apapa
The biggest carriers posted net income totalling $364 billion in
The carriers said both the alliance’s FE5 Asia-North Europe and
ODeX’s entry into the US market promises to introduce unprecedented
At the company’s headquarters in Hamburg, Germany’s Federal Minister of
And, with the 2024 budget season looming, the shipping lines
Hapag Lloyd’s ocean tariff rates from Bangladesh to North Europe*
In particular, this rate increase will apply for all 20’
Hapag-Lloyd announced a General Rate Increase (GRI) / General Rate
The Hamburg-based ocean carrier said the GRI will be US$100/container
