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HAPAG-LLOYD INCREASES RATES FROM TURKIYE AND BANGLADESH

HAPAG-LLOYD INCREASES RATES FROM TURKIYE AND BANGLADESH

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German ocean carrier Hapag-Lloyd has announced new ocean tariff rates from Turkiye and Bangladesh, which will be effective from 1 November.
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

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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.
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

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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.”
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

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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.
2M CARRIERS' WINTER SCHEDULES SEE MORE BLANKINGS AS DEMAND FREEZES

2M CARRIERS' WINTER SCHEDULES SEE MORE BLANKINGS AS DEMAND FREEZES

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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.  
CARRIERS BOXE IN BY TOO MUCH SURPLUS – AND COSTLY – EQUIPMENT

CARRIERS BOXE IN BY TOO MUCH SURPLUS – AND COSTLY – EQUIPMENT

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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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