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Ocean carriers remain in pole position in rates negotiations

Market remains very challenging for shippers despite some signs of easing of growth – and even some falls – in ocean freight rates. Ocean carriers remain in pole position in negotiations for l...

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Pharma.Aero establishes advisory board

Board members appointed to help the non-profit organisation’s work to drive improvements in the Life Science and MedTech air cargo supply chain. Pharma.Aero, the non-profit organisation promoting...

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Amazon’s bottom line hit by surge in operating costs

E-commerce mastodon braced for 'several billion dollars' of additional expenses in Q4 including those related to freight and shipping. Amazon is bracing itself for “several billion dollars” of ...

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Flex LNG secures charter deals for 2 LNG carriers

Norwegian LNG carrier company Flex LNG has secured a pair of time-charter contracts with an undisclosed “energy major.” LNG carriers Flex Courageous and Flex Resolute will...

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Gebrüder Weiss to acquire Turkish forwarding company

Austrian forwarder strengthens its position in road transport between Turkey and Germany, Austria and Switzerland after buying 3S Transport & Logistics. Gebrüder Weiss is taking over Istanbul-...

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Pelagic Partners extends its LPG fleet together with B-Gas

Maritime investments fund Pelagic Partners acquires two LPG carriers together with Danish gas shipping specialist B-Gas. With this acquisition, the ship-owning fund now owns in total five LPG carri...

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FMC calls on ocean carriers to adopt fair pricing in container shipping

The U.S. Federal Maritime Commission (FMC) has urged the world’s top ocean carriers to adopt three best practices related to when and how detention and demurrage fees are applied, as well as how to ...

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Kanfer Shipping in chartering 2 new LNG bunker ships talks

Norway-based shipping company Kanfer Shipping is in talks for chartering of its first two small-scale LNG bunker and distribution ships ordered from the Chinese Taizhou shipyard. Back in May, Kanfe...

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