Maersk Line announced it will simplify its surcharge system starting 2013 under a two-phase program that combines various freight surcharges into a basic ocean…
Global container shipping lines APL and Hanjin Shipping have teamed up to launch a new weekly service in mid-December expanding their intra-Asia reach. The…
Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) have individually announced a series of general rate increases (GRIs) on refrigerated cargo moving…
New law prioritizes Vietnam shipping lines for local routes
As the new law temporarily barring foreign ships from operating on local routes nears enforcement, doubts have sprung about the capability of Vietnam’s domestic…
Carriers file with FMC for single transpacific agreement
The members of the Transpacific Stabilization Agreement (TSA) have filed an amendment with the U.S. Federal Maritime Commission (FMC) that would expand TSA’s scope…
Beginning January 1, 2013, intermodal freight shippers in the Asia-U.S. container trade will begin paying a single, consolidated bunker surcharge that incorporates components for…
The Philippine Board of Investments (BOI) recently approved the grant of fiscal incentives to a Filipino-owned shipyard that will start commercial operations in June…
More box ships to levy rate hikes, surcharges over next 2 months
Sea carriers continue to set their rate restoration and surcharge imposition plans for the Asia-Europe trade, to be implemented next month and January 2013.…
Hapag-Lloyd said it will increase rates for the Far East westbound trade effective December 17 to continue to provide its clients with “sustainable services.”…
Import shipments carried by foreign shipping lines operating in the Philippines improved in the first nine months of the year while export volumes remained…
Davao seeing more vessel services but not where it counts
Vessels are slowly returning to Davao, about 960 kilometers from the Philippine capital Manila, after cutting their services due to declining banana exports, according…