Liner Shipping


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Container rates soar as Red Sea chaos worsens capacity crunch

Bloomberg | January 19, 2024 | Maritime | Liner Shipping

Container shipping rates from Asia to Europe rose for a seventh straight week, reflecting tighter capacity as more vessels avoid the threat of attacks in the Red Sea and take the long way around southern Africa.

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Shipping CEOs see no short-term end to Red Sea disruptions

Bloomberg | January 17, 2024 | Maritime | Liner Shipping

The CEOs of two leading freight carriers said they expect Red Sea threats to disrupt shipping for weeks or months longer, extending delays and higher transport costs for companies dependent on goods flowing along trade lanes that link the world’s largest economies.

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Europe’s cargo delays seen short-lived as supply networks adjust

Bloomberg | January 16, 2024 | Maritime | Liner Shipping

The cargo delays hitting some European companies because of Red Sea ship attacks should be short-lived as container carriers and their customers adjust logistics plans to cope with the longer journeys, executives with one of the world’s biggest port operators said.

Trucknet sets up a Gulf-Israel/Egypt land bridge
Maritime
Stuart Todd | Top Story | January 12, 2024

AJOT Insights
Trucknet sets up a Gulf-Israel/Egypt land bridge

Trucknet’s landbridge operation bypasses the troubled Red Sea pinch point...
CMA CGM THC Italy

AJOT | January 11, 2024 | Maritime | Liner Shipping

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Drewry World Container Index - 11 Jan

AJOT | January 11, 2024 | Maritime | Liner Shipping

Drewry’s World Container Index increased by 15% to $3,072 per 40ft container this week.

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MSC Alameda Corridor user fee

AJOT | January 10, 2024 | Maritime | Liner Shipping

Effective date January 1st, 2024, following is the MSC update regarding Alameda Corridor Surcharge:

Dole adds shipping service for fresh fruit North America
Maritime
AJOT | Top Story | January 10, 2024

Dole adds shipping service for fresh fruit North America

Additional vessel rotation increases capacity of bananas, pineapples, and other tropical fruit to Northeast US
[Freightos Weekly Update] Ocean increases spreading to non-Red Sea lanes as capacity tightens

AJOT | January 10, 2024 | Air Cargo | Freighters | Maritime | Liner Shipping

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Houthis launch barrage of missiles, drones in new Red Sea attack

Bloomberg | January 10, 2024 | Maritime | Liner Shipping

Houthi rebels in Yemen carried out one of their largest missile and drone attacks to date on commercial shipping lanes in the Red Sea late Tuesday, igniting a response from five US and UK warships patrolling the region critical to global trade.

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Maersk, Hapag-Lloyd deny reported safe passage deal with Houthis

Bloomberg | January 08, 2024 | Maritime | Liner Shipping

A.P. Moller - Maersk A/S and Hapag-Lloyd AG denied any pact with Yemen’s Houthi rebels to facilitate the safe movement of vessels through the Red Sea, after shares in shipping companies sunk on a report of deals being struck.

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CMA CGM to reshuffle its service linking Turkey, Adriatic, Malta & Libya

AJOT | January 08, 2024 | Maritime | Liner Shipping

CMA CGM – Short Sea Lines Division has announced the reshuffling/merge of our TMX 3 and ADRINAF services as from WEEK 2 between TURKEY | ADRIATIC | MALTA| LIBYA.

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MSC BRC – scope: WC USA to Oceania – updated

AJOT | January 08, 2024 | Maritime | Liner Shipping

Effective February 1s, 2024, BRC (Bunker Recovery Charge) levels for Export USA DRY cargo as follows:

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MSC BRC – scope: EC/Gulf USA to Oceania – updated

AJOT | January 08, 2024 | Maritime | Liner Shipping

Effective February 1s, 2024, BRC (Bunker Recovery Charge) levels for Export USA DRY cargo as follows:

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MSC BRC – scope: EC/Gulf USA to Oceania reefer - update

AJOT | January 08, 2024 | Maritime | Liner Shipping

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

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MSC BRC – scope: WC USA to Oceania reefer - updated

AJOT | January 08, 2024 | Maritime | Liner Shipping

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

CMA CGM PCS in Douala, Cameroon

AJOT | January 08, 2024 | Maritime | Liner Shipping

Cosco to stop booking ships into Israel as Houthi threats spiral
Maritime
Bloomberg | Top Story | January 08, 2024

Cosco to stop booking ships into Israel as Houthi threats spiral

Container shipping giant China Cosco Shipping Corp. is to stop delivering goods into Israel because of the threats and attacks that Houthi militants have made against vessels that sail there.
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Maersk extends Red Sea diversion and warns risks will persist

Bloomberg | January 05, 2024 | Maritime | Liner Shipping

A.P. Moller-Maersk A/S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation.

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