Marseille-based CMA CGM and German ocean carrier Hapag-Lloyd have implemented Peak Season Surcharges (PSS) for shipments from Asia to various destinations in Africa and Mauritius. These surcharges will be in effect from mid-May onwards. Key Points: CMA CGM PSS: Applies to dry cargo shipments from China, Southeast Asia, Northeast Asia, and East Coast India (listed …

CMA CGM, Hapag-Lloyd Announce PSS for Asia-Africa Routes Read More »

Houthi rebels launched a long-range drone attack on the MSC Orion, a 15,000 TEU container ship operated by MSC, in the Indian Ocean on April 26th. This incident highlights the growing threat to maritime security in the region. Key Points: Attack on MSC Orion: The vessel, route from Portugal to Oman, was targeted by Houthis …

Houthi Drone Attack Targets MSC Orion Ship in Indian Ocean Read More »

Hapag-Lloyd, the world’s first shipping line to offer fleet-wide dry container tracking, has unveiled its “Live Position” product. This innovative solution provides customers with unprecedented visibility into their shipments, from origin to destination. Key benefits of Hapag-Lloyd Live Position: Real-time tracking: Gain complete transparency over your dry cargo shipments throughout their entire journey. Improved decision-making: …

Hapag-Lloyd Launches Real-Time Tracking for Dry Containers Read More »

US Market Explodes with Highest Growth on Record: Exports to the US reached $25.77 billion, up 24.2% (or $5.02 billion) from the same period last year. This is the highest growth rate and contributes the most to Vietnam’s overall export growth. EU and China Remain Crucial Players: Exports to the EU hit $12.2 billion, surging …

Vietnam’s Exports in Q1/2024: US Soars to Highest Growth Read More »

The International Bunker Industry Association (IBIA) and the Baltic and International Maritime Council (BIMCO) have signed a momentous Memorandum of Understanding (MoU) to collectively address the challenge of decarbonization in the shipping industry. This partnership signifies a significant stride towards a greener future for maritime operations. Experts Unite for Sustainable Solutions By combining their extensive …

IBIA and BIMCO Join Forces to Decarbonize Shipping Industry Read More »

Major carriers are boosting trade between Asia and East Coast South America with a new service launching in May. This collaboration between COSCO, OOCL, Evergreen, and PIL will offer increased connectivity and efficient cargo movement across the Pacific Ocean. Highlights of the New Service: Enhanced Connectivity: The service features two separate loops connecting key ports in Asia with major …

New Asia-East Coast South America Service by Major Carriers Read More »

CMA CGM, a major shipping line, has announced changes to their rates and surcharges that could impact your bottom line. Here’s the breakdown: Asia to North Europe: Expect to pay more for your freight! CMA CGM raised their FAK rates for all container sizes (20′ and 40′) going from Asia to major European ports (including …

CMA CGM Announces Rate Increases and Peak Season Surcharges Read More »

The Captain of the Port of Baltimore has announced the opening of the Fort Carroll Temporary Alternate Channel, a new route designed to increase commercial vessel traffic through the port following the collapse of the Francis Scott Key Bridge. Key Points for Businesses and Shippers: Increased Capacity: While temporary, the Fort Carroll Channel provides a lifeline, …

Temporary Channel Opens for Boosting Baltimore Traffic Read More »

Ocean Network Express (ONE) is leading the charge towards a greener shipping industry with the launch of its innovative ONE LEAF+ service. This eco-friendly shipping solution empowers businesses to significantly reduce their environmental impact and meet their sustainability goals. ONE LEAF+: The Key to Sustainable Shipping Reduced Carbon Footprint: ONE utilizes compliant alternative fuels on designated …

ONE Launches a Sustainable Shipping Solution – ONE LEAF+ Read More »

CMA CGM AIR CARGO, the air freight division of the CMA CGM Group, is poised for significant growth with the launch of a new transpacific route and the addition of several fuel-efficient aircraft to its fleet. Key Highlights: Transpacific Route Launch: CMA CGM AIR CARGO will launch a new route connecting Asia and North America in …

CMA CGM Air Cargo Gears Up with New Transpacific Route Read More »