In its latest reefer market update, the forwarder said there had been “real progress” with shipping schedules and congestion, compared with 2020 and 2021, which were notoriously bad for the sector. DHL said: “We certainly believe cargo will be shipped faster on certain trade lanes, and definit...

Rates for North Europe and the Mediterranean are holding steady at about $10,000 and $12,000 per 40 ft respectivel, according to the latest readings from the WCI, FBX and XSI spot rate indices. This is despite anecdotal reports to Logistic-News that several ships sailed from Asia to North Europe this...

The ability to measure changes in temperature in real time potentially overcomes one of the main problems shipping lines have been struggling with for a long time – the early detection of, and tackling of, fires inside containers. “As an incident starts to unfold, having that early warning is cr...

Advisory notices from the vessel owner, CMA CGM have been sent to cargo interests, but the company has still not made an official announcement of the accident and so the extent of the cargo loss, any damage to the vessel and, crucially, whether the crew are safe remains unclear. Claims consultancy W...

More boxes could mean a higher risk of transporting unwanted organisms, but would also help reduce the increased dwell times at destination ports in Europe and the US. Nevertheless, the issue of cleaning containers inside and out to prevent the spread of potentially harmful insects and other wildlif...

Last minute talks between the employers, the Central Association of German Seaport Companies (ZDS) and the trade union ver.di, representing 12,000 port workers, were suspended yesterday evening with no agreement in sight. The third ‘warning strike’ is the longest so far and will further aggravat...

By 2026, HMM aims to grow its container shipping fleet to 1.2m teu, from the present size of 820,000 teu, and will also expand its dry bulk fleet to 55 ships, from 29 vessels currently. While container freight rates have been at historically high levels, the dry bulk market has also been healthy, an...

The move ostensibly has a two-pronged goal: to get around mounting challenges for trade with Russia in the wake of global sanctions on Moscow, and to curtail the demand for dollar payments. “In order to promote growth of global trade with emphasis on exports from India and to support the increasin...

It has streamlined its management structure from five global regions to three – Americas, Africa/Europe, and Asia Pacific. “By combining the full Americas scope across North America and South America, APM Terminals will be better able to serve both East/West trades, North/South trades and landsi...

According to a new report by agribusiness specialist Rabobank, while container shipping costs will continue to decline over the next year, they are unlikely to return to pre-pandemic levels due to “broader structural factors”. For example, it said “geographical uncertainties” were creating r...