Liner Shipping

Guidi appointment as CMA CGM Italy General Manager

CMA CGM expiration of PCS in Matadi, DRC

AJOT | April 23, 2024 | Maritime | Liner Shipping

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Dr Beatriz joins forces with PortXchange to lead sustainable transformation in the maritime sector/ports sector

PortXchange, a thought leader for the maritime industry, adding value through data-driven decarbonization technology and consultancy to ports and shipping companies, is pleased to announce that renowned expert Dr Beatriz will join the team as their US Maritime Knowledge Expert.

Wan Hai exec says Port of Oakland has growth potential & challenges

Maritime

Stas Margaronis | Top Story | April 22, 2024

Wan Hai exec says Port of Oakland has growth potential & challenges

The Port of Oakland has the potential to grow as a port, especially with agricultural exports if it fast-tracks new investments in transloading, refrigeration, rail services and a turning basin widening, according to Andrew Hwang, Director of Transpacific Export and Government Affairs, Wan Hai Lines.

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Geopolitical volatility keeps Year to Date (YTD) container leasing rates elevated

AJOT | April 22, 2024 | Maritime | Liner Shipping

• China to North America leasing rates surge in Q1 2024 to new levels as compared to 2023, stay elevated in April • Ex China to Russia, India and Canada YTD container trading activity remains strong • Demand for containers in China, US and Mexico stays elevated in Q1 2024

CMA CGM expiration of PCS in Douala, Cameroon

AJOT | April 22, 2024 | Maritime | Liner Shipping

CMA CGM expiration of PCS in Kribi, Cameroon

AJOT | April 22, 2024 | Maritime | Liner Shipping

WSC seeks correction of contradiction in FMC detention and demurrage final rule

AJOT | April 18, 2024 | Maritime | Liner Shipping

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Joe Kramek appointed as New President & CEO at World Shipping Council

The World Shipping Council (WSC), the united voice of liner shipping, is happy to announce that the WSC Board has appointed Joe Kramek as its new President & CEO, to succeed John Butler upon his retirement at the end of July...

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Seized ship’s cargo reveals impact of Iran tensions on global trade

Bloomberg | April 17, 2024 | Maritime | Liner Shipping

The MSC Aries wasn’t much different from the other 7,000 container ships plying the high seas, until it took an involuntary detour near the Strait of Hormuz into the hands of Iran’s Islamic Revolutionary Guard Corps.

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Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion

Hapag-Lloyd and Seaspan Corporation entered into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol. Following the engine retrofit, the vessels will continue to be on long-term charter from Seaspan to Hapag-Lloyd...

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Bridge disaster in Baltimore gets FBI criminal investigation

The FBI has opened a criminal investigation into what occurred on the cargo ship that crashed into Baltimore’s Francis Scott Key Bridge and caused it to collapse, according to a person familiar with the investigation.

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MSC PSS - scope: Import Middle East to USA East Coast / USA Gulf Coast/ San Juan

AJOT | April 11, 2024 | Maritime | Liner Shipping

Mediterranean Shipping Company has filed and will implement the following Peak Season Surcharge (PSS) effective April 2nd, 2024, with the following quantum and effective date for all shipments as below.

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MSC PSS - scope: Import Indian Sub-continent to USA East Coast/ USA Gulf Coast / San Juan

AJOT | April 11, 2024 | Maritime | Liner Shipping

Mediterranean Shipping Company has filed and will implement the following Peak Season Surcharge (PSS) effective April 8th, 2024, with the following quantum and effective date for all shipments as below.

MSC vows to fight ‘excessive’ fine sought by US agency

Maritime

Bloomberg | Top Story | April 11, 2024

MSC vows to fight ‘excessive’ fine sought by US agency

The world’s largest container carrier will push back against a proposed US government fine that would rank among the stiffest penalties handed down by the diminutive Washington regulator where the fight is playing out.

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Drewry World Container Index - 11 Apr

AJOT | April 11, 2024 | Maritime | Liner Shipping

Drewry’s World Container Index decreased by 1% to $2,795 per 40ft container this week.

Updated version released of “Prevention of Pest Contamination of Containers: Joint Industry Guidelines for the Cleaning of Containers”

AJOT | April 11, 2024 | Intermodal | Maritime | Liner Shipping

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[Freightos Weekly Update] Few signs of congestion from Baltimore rerouting as rates continue to ease

Recovery efforts continue in Baltimore: in addition to three active temporary, shallow, channels, a 35-foot deep channel that will handle some Ro-Ro vessels as well as limited container traffic by barge is expected by the end of April and full access to the port could return by the end of May.