An analysis by Alphaliner reveals Israeli carrier Zim had the most aggressive growth, at 16.8%, followed by Evergreen with 5.2% and MSC’s 4.2%. At the other end of the table, ONE recorded negative growth, with capacity falling 1.2% during the period, followed by Cosco at -1% and Maersk and HMM wit...

From October, UK imports will run through the new Customs Declaration Service (CDS), as HMRC terminates support for the Customs Handling Imports and Exports Freight Platform (CHIEF). However, last month the government had to write to more than 200,000 traders urging them to make the switch before th...

According to them, the end of traditional perishables season, especially Indian mango shipments, also contributed to the cooling of rates. “Air cargo rates from India are currently trending down due to the global demand slowdown,” Joy John, director of air and sea freight at Mumbai-based Jet Fre...

Shippers at Tiaca’s regional symposium in Amsterdam last week claimed a one-stop shop would make it easier for them to switch services when problems arise. “Box lines have bought forwarders, terminal operators, planes and airlines,” said Denis Choumert, chair of the European Shippers’ Counci...

However, the average is skewed by huge D&D fees imposed on shippers in the US. Demurrage & Detention Benchmark 2022, published today, compares D&D rates charged to shippers by the eight top-ranked shipping lines at 60 of the world’s biggest container ports. Container xChange collected ...

In March, PIL ordered newbuildings for the first time in seven years, four 14,000 teu ships from Jiangnan Shipyard. Previousl its last newbuilding commission was for eight 12,000 teu ships from Yangzijiang in 2015, built in 2018. PIL said the 8,000 teu ships, to be delivered in 2025, will be dual-fu...

The strike began after the deaths of 13 docker workers and around 260 injuries when a container loaded with nearly 30 tonnes of chlorine fell from a quay crane during loading on 27 June. An investigation led by interior minister Mazen al-Faraya resulted in the director generals of ACPOM and the Jord...

Owned by Li Weihong and his wife, Liu Hui, Higo plans to list about 25% of its shares on China’s newest bourse, the Beijing Stock Exchange. Based on a maximum issue price of Rmb8 ($1.19) a share, the IPO could raise around Rmb182.27m ($27.21m). Higo made the application on 28 June but did not spec...

At an Investor Day last week, when FedEx unveiled its ‘Deliver Today, Innovate for Tomorrow’ strategy, Karen Reddington, president, FedEx Express Europe, said 50% of global express trade revenue touched Europe and highlighted FedEx’s position in the region before its €4.4bn acquisi...

Airlines were told on Friday that Fraport’s ground handling arm, BVD, was “severely limited”, owing to traffic peaks, schedule changes and limited staff. “As a further measure to relieve the ground handling services during these traffic peaks and to stabilise handling at FRA, [handler] BVD i...