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HAPAG-LLOYD INCREASES RATES FROM TURKIYE AND BANGLADESH
HAPAG-LLOYD INCREASES RATES FROM TURKIYE AND BANGLADESH

23/10/2023 | 989 Views

German ocean carrier Hapag-Lloyd has announced new ocean tariff rates from Turkiye and Bangladesh, which will be effective from 1 November.
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Israel update: force majeure, congestion and war-risk premiums, but carriers still booking
Israel update: force majeure, congestion and war-risk premiums, but carriers still booking

22/10/2023 | 1291 Views

Evergreen has declared force majeure on the 1,778 teu Ever Cozy, which was unable to call at Israel’s port of Ashdod as scheduled, and diverted to Haifa.
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SOUTH AFRICAN AIRFREIGHT SEES 23% RISE IN EXPORTS – AND 147% RISE IN RATES
SOUTH AFRICAN AIRFREIGHT SEES 23% RISE IN EXPORTS – AND 147% RISE IN RATES

20/10/2023 | 1109 Views

South Africa’s airfreight market has seen an impressive bounce. Its forwarding association, Saaff, said: “International air cargo to and from South Africa had a bumper week.”
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Requests for air charters on the rise as scheduled carriers divert from Israel
Requests for air charters on the rise as scheduled carriers divert from Israel

17/10/2023 | 1236 Views

The conflict in Israel is expected to spark changes in the airfreight market – the breadth of which will likely depend on how wide the conflict spreads.
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2M CARRIERS' WINTER SCHEDULES SEE MORE BLANKINGS AS DEMAND FREEZES
2M CARRIERS' WINTER SCHEDULES SEE MORE BLANKINGS AS DEMAND FREEZES

13/10/2023 | 1080 Views

2M alliance partners MSC and Maersk will revert to a reduced “winter schedule” coverage for Asia–North Europe until December to mitigate the impact of falling demand and the continued erosion of freight rates on the route.  
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CARRIERS BOXE IN BY TOO MUCH SURPLUS – AND COSTLY – EQUIPMENT
CARRIERS BOXE IN BY TOO MUCH SURPLUS – AND COSTLY – EQUIPMENT

13/10/2023 | 1109 Views

Ocean carriers are ramping-up efforts to off-hire surplus leased containers or retire their ageing boxes to reduce huge storage costs.
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