Hamburg-based Hapag-Lloyd has scheduled general rate increases from East Asia to Latin America and the Caribbean to take effect in the middle of July.…
From July, Hong Kong-based Orient Overseas Container Line (OOCL) and Maersk Line of Denmark will implement rate increases on their Asia network services. OOCL…
Cosco sets July rate, surcharge adjustments for Asia trade
Cosco Container Lines is poised to implement rate hikes, surcharges, and other adjustment on its Far East services effective July. A general rate increase…
MSC sets GRI, BAF for Far East-West Africa shipments
Geneva-based carrier Mediterranean Shipping Co. (MSC) has revised upward the general rate increase (GRI) it plans to levy from July on the Far East-West…
PIL unveils first direct service from Manila to Long Beach
PACIFIC International Lines (PIL), a Singapore-based container carrier, will start a weekly direct service from Manila to Long Beach, California, this month. The China-Transpacific…
Box ships’ price war could eventually hurt shippers—Drewry
Shippers might be the beneficiaries of the current price war among ocean container carriers, but the tumbling rates could also bring negative consequences for…
Cosco Container Lines announced the enhancement of its Far East-Southeast America service through slots on “K” Line’s Asia-Southeast America service. The “K” Line network…
Box lines to impose GRIs, fees on Far East shipments
Several container ship operators have announced plans to bolster freight rates this month and the next. Cosco Container Lines announced a rate restoration for…
BFF on Hapag-Lloyd’s Asia-North America services cut
Hapag-Lloyd announced the revision of the bunker fuel factor (BFF) for containers on the eastbound Asia-U.S. and Canada trade lane effective July 1. In…
TSA lines attempt another Asia-US rate hike in July
Member-carriers in the Transpacific Stabilization Agreement (TSA) are recommending further general rate increases (GRIs) for all shipments on the Asia-U.S. trade lane from July,…
Big improvements in Manila North Harbor productivity seen this year
MANILA North Harbour Port, Inc. (MNHPI) is in full swing in its development program for North Harbor, according to MNHPI chief executive Richard Barclay.…
MNHPI brings international flair to Manila North Harbor passenger terminal
A NEW passenger terminal complex undergoing finishing touches at the North Harbor in the Philippine capital Manila aptly showcases the Manila North Harbour Port…