Market News

Ocean Network Express (ONE) has introduced its latest service, the Japan Taiwan Cat Lai (JTC) service.  This new offering aims to enhance customer connectivity through direct services, ensuring swift transit times, notably completing the journey from Tokyo to Taipei/Taichung in just four days.      Scheduled to kickstart this new weekly service, the boxship Interasia [...]

ZIM has unveiled an upward revision in rates for shipping routes originating from the West Mediterranean ports to destinations across the United States East Coast, Gulf, Canada, and Mexico.  The decision, disclosed through ZIM’s Tariff update on December 21st, is scheduled to take effect from January 20th, 2024. Under this adjustment, rates for 20’ containers [...]

ZIM has unveiled an upward revision in rates for shipping routes originating from the West Mediterranean ports to destinations across the United States East Coast, Gulf, Canada, and Mexico.  The decision, disclosed through ZIM’s Tariff update on December 21st, is scheduled to take effect from January 20th, 2024. Under this adjustment, rates for 20’ containers [...]

CMA CGM is on the verge of surpassing Mediterranean Shipping Company (MSC) to become the leading operator within the Mediterranean, according to Alphaliner’s latest analysis. The French carrier has notably bolstered its position by expanding both its fleet size and deploying larger vessels in the region compared to a year ago. CMA CGM is about [...]

CMA CGM is on the verge of surpassing Mediterranean Shipping Company (MSC) to become the leading operator within the Mediterranean, according to Alphaliner’s latest analysis. The French carrier has notably bolstered its position by expanding both its fleet size and deploying larger vessels in the region compared to a year ago. CMA CGM is about [...]

According to the World Bank, Vietnam holds the 43rd position in the Logistics Performance Index (LPI), standing amongst the top five countries in ASEAN, trailing behind Singapore, Malaysia, Thailand, and sharing the same position as the Philippines. What is the Logistics Performance Index (LPI)? The Logistics Performance Index (LPI) is an index researched and annually [...]