Liner Shipping

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Container xChange market forecaster: Rising volatility in China’s container market as sellers hold back inventory amid uncertainty

AJOT | May 06, 2024 | Maritime | Liner Shipping

• ‘Significant volatility in container rates in China, new prices almost every 48 hours’, comments container traders in China • Container xChange data shows container leasing rates Ex China to US and to Europe continue to rise through April • Survey: Depots in the US and Europe reported higher utilization rates; equipment usage fees and storage space rental costs increasing for majority of depot owners since the Houthi attacks in November.

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CMA CGM to suspend Bremerhaven call on its SAFRAN service connecting East Coast South America with Europe

AJOT | May 06, 2024 | Maritime | Liner Shipping

CMA CGM changes its North Europe to/from East Coast South America service, SAFRAN.

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Maersk sees Red Sea conflict absorbing up to 20% ship capacity

Bloomberg | May 06, 2024 | Maritime | Liner Shipping

A.P. Moller-Maersk A/S expects that the shipping industry this quarter will spend 15% to 20% of its Asia-to-Europe vessel capacity on sailing south of Africa to avoid the Red Sea.

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MSC BRC - scope: Import East Coast South America to USA (saec)

AJOT | May 02, 2024 | Maritime | Liner Shipping

Effective June 1st, 2024, the MSC BRC quantum for the month of June 2024 to be considered for East Coast South America will be as follows.

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MSC BRC – scope: Export USA reefer cargo

AJOT | May 02, 2024 | Maritime | Liner Shipping

Effective June 1st, 2024, MSC BRC (Bunker Recovery Charge) levels for Export USA reefer cargo as follows:

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MSC BRC – scope: Export USA dry cargo

AJOT | May 02, 2024 | Maritime | Liner Shipping

Effective June 1st, 2024, BRC (Bunker Recovery Charge) levels for Export USA dry cargo as follows:

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MSC BRC - scope: Import Indian Subcontinent/Middle East to USA (ISC/ME)

AJOT | May 02, 2024 | Maritime | Liner Shipping

Effective June 1st, 2024, the MSC BRC quantum for the month of June 2024 to be considered for the Indian Subcontinent and Middle East will be as follows.

CMA CGM PSS - from Asia & India to Mauritius

AJOT | May 02, 2024 | Maritime | Liner Shipping

CMA CGM to launch M2X - Mexico Express service connecting Far East to Mexico

Maritime

AJOT | Top Story | May 02, 2024

CMA CGM to launch M2X - Mexico Express service connecting Far East to Mexico

CMA CGM has announced the launch of its new service, M2X - Mexico Express, specifically designed to streamline shipments from the Far East to Mexico's West Coast.

Xeneta Shipping Index: Long term rates edge up globally as Red Sea conflict continues to cast uncertainty across the market

AJOT | May 02, 2024 | Maritime | Liner Shipping

[Freightos Weekly Update] Ocean rates leveling off, but remain elevated on Red Sea impacts

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Maersk sees improved prospects for global container trade

Bloomberg | May 02, 2024 | Maritime | Liner Shipping

A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.

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Crowley and Teamsters Union Local 901 reach new agreement in Puerto Rico

AJOT | May 01, 2024 | Maritime | Liner Shipping | Ports & Terminals

Crowley and Teamsters Union Local 901 have reached a new labor agreement to extend their longtime partnership into its sixth decade serving the shipping and logistics needs of Puerto Rico.