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ONE introduces congestion surcharge in Chinese port

Ocean Network Express (ONE) has applied a congestion surcharge (CS) of US$1300/container at Tianjin’s Xingang port in northern China, which faces a serious shortage of available reefer plugs due to ...

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Sea Swift to commence direct Australia-Singapore link

The Australian shipping company, Sea Swift has announced the launch of its new international shipping service in December, connecting the Pilbara in Western Australia with Singapore. The new servic...

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Rollover cargo still on the increase says Ocean Insights

Increasing levels of rollover cargo at congested ports are continuing to prevent the smooth operation of global supply chains an Ocean Insights study has found. Asian ports exporting to Europe and ...

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Abu Dhabi Ports strikes a couple of digital deals

Abu Dhabi Ports has proceeded with a couple of agreements aiming to accelerate its digital transformation and improve the efficiency of its operations and processes. In the first instance, Abu Dhab...

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Surge in charter rates is driving SnP market

Hardening charter rates are pushing second-hand asset values upwards as carriers look to acquire suitable tonnage before the prices peak. Some liner companies may consider second-hand vessels ahead...

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CNC Line and X-Press Feeders in mutual slot purchases

CMA CGM's intra-Asia arm Cheng Lie Navigation (CNC Line) and Singapore-based feeder operator X-Press Feeders have entered into a mutual slot exchange on their respective South Korea-Japan services, in...

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Risk and barrier management issues found on Equinor FPSO

Following an audit, Norway’s offshore safety agency has found irregularities related to risk and barrier management on the Equinor’s Norne FPSO located in the Norwegian Sea. The Petroleum Safety A...

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Ongoing disruption at UK ports prompts MSC surcharges

MSC has announced that due to the ongoing congestion at UK ports the carrier will introduce congestion charges for all import containers ranging from US$50-175/TEU. Congestion charges, on all conta...

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European lines set new Asia prices

European container lines have announced new increases in Asia services from November and December. CMA CGM has unveiled new freight of all kinds (FAK) rates, applicable as from today, 16 November from...

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Divided IMO approves short-term measures

Delegates at the International Maritime Organization (IMO) meeting online this week have approved short-term measures to reduce carbon from existing ships, however, the meeting was divided on the effi...

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