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MARITIME NEWS &
LOGISTICS KNOWLEDGE

MARITIME NEWS

2022
DATE
04 - 13
MSC Launches New Direct Sea Route From China to Chittagong
In the context of severe congestion at the two major transshipment ports of Colombo and Singapore, Mediterranean Shipping (MSC) has decided to open a new direct route "Bengal Service" from South China to Chittagong.
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2022
DATE
04 - 12
U.S. Sea Freight Rates Fall From High Levels
The actual shipping price of container ships has dropped by about 20% on average since the Spring Festival. The freight rate from China to West America has dropped from about 12,000 US dollars to 8,000 US dollars now, more than 30%, and the European line has dropped even more.
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2022
DATE
04 - 12
Southeast Asia Freight Rates Increase by More Than 50%
With soaring fuel costs and better consumption expectations, the export transportation market in Southeast Asia will also become hotter in recent days.
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2022
DATE
04 - 11
CMA CGM Acquires Gefco to Strengthens Logistics Presence
Through the acquisition of GEFCO, CMA CGM's logistics subsidiary, CEVA Logistics, will become a global leader in automotive logistics.
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2022
DATE
04 - 11
A.P. Moller: Maersk Launches Maersk Air Cargo
On April 8, Maersk issued an announcement on its official website, announcing the establishment of Maersk Air Cargo to continue expanding its logistics and multimodal transport products to improve integrated logistics service capabilities.
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2022
DATE
04 - 08
Freight Forwarders Must Know:Shipping Basics Knowledge
A freight forwarder is an intermediary between the consignor of the goods and the distribution point such as the port of destination. They arrange inland transportation, port and customs documentation, ocean shipping and other supplementary activities. As can be seen, the main responsibility of a freight forwarder is to arrange the shipment of the goods and to process their export documents.
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2022
DATE
04 - 08
20 Carriers Investigated for Allegedly Manipulating Rates
It has issued a total of 96.2 billion won to 12 well-known liner giants including HMM, Koryo Shipping, Changjin Merchant Shipping, Xingya Shipping, and Senro Merchant Shipping, including 11 foreign merchant shipping companies such as Maersk and Evergreen. A total of 23 large shipping companies Following the fines, the Korea Fair Trade Commission (KFTC) has once again investigated 20 local and overseas liner operators for allegedly colluding to manipulate freight rates on routes from South Korea to China and Japan.
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2022
DATE
04 - 08
U.S. West Coast and Northern California Container Detention
In recent weeks, the U.S. West Coast has seen an increase in sea container detention times and a decline in the availability of rail equipment and chassis.
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2022
DATE
04 - 07
21 Common Terms Used in International Trade
Increase knowledge | Common trade terms for shipping
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2022
DATE
04 - 07
Port Klang Fire: 22 Containers Burned, 38 Damaged
Burst! Fire broke out in West Port Klang, firefighters took 11 hours to control the blaze, which destroyed dozens of containers and goods.
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