The number of fatalities was revised down by authorities, but there are still many injured in hospital. The fire has reportedly now been extinguished, but concerns have turned to the 321 teu of DG goods in Bangladesh’s major facility in Chittagong, as well as 445 tonnes of chemicals and DG goods i...

Hapag-Lloyd’s Merkur Ocean, a 3,868 teu vessel, is due to call at Nhava Sheva (JNPT) on 17 June, according to port sources. The extra-loader has been deployed with the same rotation Hapag-Lloyd’s IN2 Service provides on a weekly frequency, calling Port Qasim, Nhava Sheva (JNPT), Mundra, New York...

“Many service contracts on this tradelane, which are usually renewed in early May, have been concluded at rates which are not far below spot freight rates,” said the consultant. Indeed, BCOs on the transpacific have been locked into new annual contracts at much higher rates, as evidenced by Xene...

According to Rohan Masakorala, CEO of Shippers’ Academy Colombo, the South Asian transhipment hub did suffer some operational disruption last month, but it was short lived. “I think it’s all a bit of a cooked-up story,” he told Logistic-News. “There were a couple of days where the [inter-te...

According to its filings with the US Department of Transport, it intends to fly between Paris, and Chicago, New York, and Atlanta. Flight tracking websites show each of its A330s have focused heavily on Chicago, from Liege, with one also operating to Dubai and Bangkok, and another adding Atlanta to ...

He said that CSX is missing out on “lots of business”. This is ominous news as ports, forwarders and importers are bracing for the expected surge in traffic from China after the end of the lockdown in Shanghai. Rail capacity was one of the bottlenecks in the congestion of 2021, and everybody is ...

“The additional port of call will provide customers with the option to discharge at an easily accessible port, while offering improved coverage for inland connections,” said MSC. “The two new direct calls will also help to reduce pressure amid the ongoing congestion in European ports,” said ...

The IMO started its discussions on greenhouse gas emissions today, which could include halving emissions –  from a 50% decrease by 2050, to a 100% reduction in the same timeframe – a move expected to be backed by major countries. IMO secretary general Kitack Lim opened MEPC78 by telling del...

This means that certain firms are dominating cash inflows – $2.5bn for Indonesia’s J&T Express, $1.5bn for Lalamove, another billion for Flexport – and are also beginning to deploy these war-chests in M&A: $2.8bn was spent by star-ups in the US alone in 2021 on acquisitions. All of whi...

On 6 June some containers were still burning fiercely and were pouring smoke into the atmosphere at the Sitakunda, Chittagong, inland facility, 40km north of the port, where the fire broke out on Saturday night. Several subsequent blasts reportedly killed at least 49 people, eight of them fire-fight...