Logistics Knowledge

Maersk updates Peak Season Surcharges from Far East Asia
Logistics Knowledge

Maersk updates Peak Season Surcharges from Far East Asia

Maersk has implemented new peak season surcharges for shipments from Far East Asia to various destinations. This update is crucial for businesses planning imports and exports during this busy period. Here’s a breakdown: To East Coast South America: Origin Destination Effective Date 20′ Dry (USD) 40’/45′ Dry (USD) 20’/40′ Reefer (USD) Vietnam, Brunei, China, Hong [...]
  • admin
  • May 10, 2024
Maersk updates Peak Season Surcharges from Far East Asia
Logistics Knowledge

Maersk updates Peak Season Surcharges from Far East Asia

Maersk has implemented new peak season surcharges for shipments from Far East Asia to various destinations. This update is crucial for businesses planning imports and exports during this busy period. Here’s a breakdown: To East Coast South America: Origin Destination Effective Date 20′ Dry (USD) 40’/45′ Dry (USD) 20’/40′ Reefer (USD) Vietnam, Brunei, China, Hong [...]
  • admin
  • May 10, 2024
Container Ship Capacity Surges in 2024 – Oversupply Concerns
Logistics Knowledge

Container Ship Capacity Surges in 2024 – Oversupply Concerns

Record Deliveries Push Fleet Growth Despite Recycling The global container ship industry is experiencing a boom in capacity, with 2023 deliveries shattering records and 2024 on track to follow suit. This growth, however, raises concerns about potential oversupply in the coming years. 2023 Deliveries: A staggering 2.3 million TEU (twenty-foot equivalent unit) of container ship [...]
  • admin
  • May 9, 2024
Hapag-Lloyd and IKEA Team Up for Sustainable Shipping
Logistics Knowledge

Hapag-Lloyd and IKEA Team Up for Sustainable Shipping

Hapag-Lloyd and IKEA Supply Chain Operations join forces to decarbonize container shipments from Asia, marking a significant step towards a greener maritime industry. Reduced Emissions with Biofuel: From March 2024 to February 2025, IKEA will leverage Hapag-Lloyd’s Ship Green 100 product, utilizing waste-based biofuels to significantly cut CO2 emissions by an estimated 100,000 tonnes. Shared [...]
  • admin
  • May 8, 2024
Air Cargo Market Soars in Q1 2024 – Uncertain future
Logistics Knowledge

Air Cargo Market Soars in Q1 2024 – Uncertain future

The air cargo market has experienced a surprisingly strong start in 2024, with demand exceeding expectations and creating a positive outlook for the short term. This growth is attributed to several key factors: E-commerce surge: The ongoing e-commerce boom is driving significant air cargo volumes, particularly from Asia. This surge has largely offset any decline [...]
  • admin
  • May 6, 2024
CMA CGM, Hapag-Lloyd Announce PSS for Asia-Africa Routes
Logistics Knowledge

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

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 [...]
  • admin
  • May 3, 2024
Houthi Drone Attack Targets MSC Orion Ship in Indian Ocean
Logistics Knowledge

Houthi Drone Attack Targets MSC Orion Ship in Indian Ocean

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 [...]
  • admin
  • May 2, 2024
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