Misdeclared booking weights can cause the weight allocations of individual alliance partners to be exceeded, ships to shut out cargo, contracts to underperform and revenue to be lost. For instance, Japanese carrier ONE said a $2,000 per container weight discrepancy charge (WDS) would be applicable f...

Transport & Environment (T&E) today said the results of passing on the cost of clean shipping to the end customer would be ‘negligible’. In the past, the cost of transport for a pair of the ubiquitous trainers was put at one cent, today T&E ague that the decarbonisation will increase...

The funds were invested in a Series C round that is usually a start-up’s final phase of venture capital financing. With this latest tranche, Deliveree, which operates in Indonesia, Thailand and the Philippines (under the brand Transportify) has raised $109m in the past five years While Deliveree h...

The TAC Index this morning fell 1.6% from China to Europe and nearly 4% from China to the US, while the overall index fell nearly 1%. But rates remain at higher levels than last year, 32% higher and analysts say the e-commerce sector is waning – but yields are still high. Pointing to SF Express an...

The consultancy said some 8.7m boxes are likely to be fitted with tracking devices in the coming years, an estimate contrasting with a figure of 3.6% by the end of 2021, obtained through a ‘census’ of equipment. Reefer and intermodal containers are well-represented in the Drewry findings, being ...

The ship thought to be the 9,400dwt Forest 6 general cargo vessel, was loading a container of 25-30 tonnes of chlorine using a quay crane at around 4.18pm local time when wires snapped, the container dropped onto the deck and exploded, spreading toxic gas around the port and vicinity. Local beaches ...

And European shippers say it could be yet another hurdle for exporters. From October, UK imports will run through updated online system the Customs Declaration Service (CDS), as HMRC terminates support for the Customs Handling Imports and Exports Freight Platform (CHIEF) – but, with 14 weeks to go...

The Ship It Zero resolution was introduced by city council member Cindy Allen in April and mirrors the resolution passed by Los Angeles in November The resolution includes a call to create a green transport corridor on the transpacific lane between Shanghai and LA and LB ports, a programme announced...

Taewoong’s Hungarian subsidiary, TGL Hungary, will operate the 2,483 sq metre facility in Dunaharaszti, in northern Hungary, as a base for its logistics business in Eastern Europe. TGL Hungary was established in 2018 and has seen increasing EV battery production after large-scale investment from S...

The International Maritime Organization’s Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) will require verification that, at at its first annual or intermediate survey after 1 January 2023, a vessel meets these standards. And many ageing containerships c...