Bangladesh shippers are protesting after feeder vessel operators imposed surcharges to recover increasing costs due to delays.
School holidays and vacations are top of mind for many of us in July, but for those working in the supply chain (and particularly retail) this month marks the beginning of the manic time that is peak season.
Just weeks after HAPAG-LLOYD merged with UASC to create the 5th largest carrier, COSCO will become the 3rd largest global carrier with its offer to acquire OOCL.
In the same week that Yang Ming gets ready to resume trading in its shares, the Federal Maritime Commission have intervened in the proposed merger of the Japanese shipping lines and now analysts are suggesting that China port congestion may actually be systemic and here to stay.
Congestion at the world’s busiest container port is worsening – at least in the short term – as the terminals struggle to deal with dense fog that started earlier this month, increasing volumes and the aftermath of the new shipping alliances launch.
Shippers council to set up observer group to monitor shipping line performance amid continuing export sea freight capacity crisis
K Line, MOL and NYK, the big three Japan container shipping lines, have agreed to merge their shipping businesses to create a joint-venture with a total capacity of 1.4m teu and a market share of 7%, which will make them the sixth largest global carrier.