Liner Shipping


CMA CGM to launch INDAMEX 2 connecting the Indian Subcontinent with the US East Coast
Maritime
AJOT | Top Story | September 14, 2021

CMA CGM to launch INDAMEX 2 connecting the Indian Subcontinent with the US East Coast

CMA CGM has announced the launch of the INDAMEX 2, a complementary service to the current INDAMEX, offering optimized connections to/from the INDIAN SUBCONTINENT and the US EAST COAST.
[FBX Weekly] CMA CGM caps spot rates as typhoon disrupts ports in Shanghai

AJOT | September 14, 2021 | Maritime | Liner Shipping

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Shipping lines think spot rates have peaked

Bloomberg | September 14, 2021 | Maritime | Liner Shipping

One of the world’s biggest shipping lines has decided to stop increasing spot freight rates on routes out of Asia to Europe and the U.S. as it sees an end to the rally that has seen prices hit records.

Himber named Maritime Exchange president

AJOT | September 13, 2021 | Maritime | Liner Shipping

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The world’s shippers are earning the most money since 2008

Bloomberg | September 13, 2021 | Maritime | Liner Shipping

The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices ever higher.

MSC launches new Transpacific shuttle service connecting China and Long Beach
Maritime
AJOT | Top Story | September 13, 2021

MSC launches new Transpacific shuttle service connecting China and Long Beach

In response to the continued strong Transpacific market demand and to further support the challenging service schedules for North America West Coast, MSC will announce two new weekly shuttles, connecting south and central China with Long Beach.
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Abu Dhabi Ports and CMA CGM Group sign 35-year concession agreement

AJOT | September 13, 2021 | Maritime | Liner Shipping

A state-of-the-art terminal with a capacity of 1.8 million TEUs to open in 2024 with an investment of AED 570 million (USD 154 million) in the new terminal which will make Khalifa Port a regional hub for three of world’s top four shipping companies.

Container shipping giant freezes spot rates amid trade chaos
Logistics
Bloomberg | Top Story | September 10, 2021

Container shipping giant freezes spot rates amid trade chaos

The world’s third-largest container carrier said it’s capping spot rates for ocean freight for the next five months, yielding to pressure from some customers and regulators concerned that global trade disruptions have pushed the cost of shipping too high.
FMC announces National Shipper Advisory Committee membership

AJOT | September 10, 2021 | Maritime | Liner Shipping

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Drewry World Container Index - Sep 9

AJOT | September 09, 2021 | Maritime | Liner Shipping

Drewry’s composite World Container index increased 1% or $97 to $10,083.84 per 40ft container.

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MSC THC scope: USA to Central America; Central America to USA

AJOT | September 09, 2021 | Maritime | Liner Shipping

MSC announced an increase in the Terminal Handling Charges (THC) in Corinto with effective date October 15th, 2021.

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MSC scope: US South/North Atlantic ports to Ghana

AJOT | September 09, 2021 | Maritime | Liner Shipping

MSC Mediterranean Shipping Co. (USA) Inc. has filed and will implement a GRI with below quantum, scope, and effective date.

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MSC GRI scope: Seattle to West Afrrica

AJOT | September 09, 2021 | Maritime | Liner Shipping

MSC Mediterranean Shipping Co. (USA) Inc. has filed and will implement a GRI with below quantum, scope, and effective date.

MSC GRI scope: USA to Central America

AJOT | September 09, 2021 | Maritime | Liner Shipping

CMA CGM makes the decision to stop all spot rate increases

AJOT | September 09, 2021 | Maritime | Liner Shipping

CMA CGM PSS - Cargo from Suriname & Guyana to the USA & Latin America

AJOT | September 09, 2021 | Maritime | Liner Shipping

[FBX Weekly] peak season delays push transpac rates past $20K/FEU

AJOT | September 09, 2021 | Maritime | Liner Shipping

Maersk invests in WasteFuel to develop green bio-methanol production in the Americas and Asia
Maritime
AJOT | Top Story | September 08, 2021

Maersk invests in WasteFuel to develop green bio-methanol production in the Americas and Asia

Three weeks after the announcement of an e-methanol sourcing agreement in Europe, A.P. Moller – Maersk invests in California-based WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas.

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