Liner Shipping

CMA CGM from Morocco to North Europe, Baltic, Scandinavia & Poland

AJOT | March 11, 2021 | Maritime | Liner Shipping

CMA CGM Empty Equipment Imbalance Surcharge - Cargo from Lobito & Namibe, Angola to all destinations

AJOT | March 11, 2021 | Maritime | Liner Shipping

CMA CGM Bunker Recovery Adjustment Factor - intramed short sea services

AJOT | March 10, 2021 | Maritime | Liner Shipping

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FBX Weekly: Ocean rates leveling off ex-Asia, but climbing on the transatlantic

AJOT | March 10, 2021 | Maritime | Liner Shipping

Key insights: 1. Ocean rates ex-Asia have levelled off for the most part, with Asia-US East Coast falling 6%, US West Coast increasing 6%, and Asia-Europe 2. Strong demand and ocean carriers moving capacity to more lucrative lanes has pushed transatlantic rates up 20% since the end of January to $2,198/FEU after staying mostly on par year on year since the start of the pandemic. 3. Freightos.com search data shows port congestion at LA/Long Beach is leading shippers to look for alternative destinations, mostly on the East coast.

MSC withdraws the port congestion surcharge for all Australian ports

AJOT | March 10, 2021 | Maritime | Liner Shipping

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Freight rate surge resulting in deferred drydockings

AJOT | March 10, 2021 | Maritime | Liner Shipping

Nippon Paint Marine is seeing liner operators increasingly postpone dry-dockings as they look to keep vessels operational to meet the recent surge in demand for container shipments.

MSC bolsters trade between Southeast Asia and US West Coast with new Sentosa service

Maritime

AJOT | Top Story | March 10, 2021

MSC bolsters trade between Southeast Asia and US West Coast with new Sentosa service

MSC is introducing a new container shipping service in order to fulfill customer demand for cargo between southeast Asia and the U.S. west coast and with a view to improving reliability in the transpacific network at a time when the entire market remains under considerable systemic pressure.

Maersk is said to weigh sale of $1 billion cold container unit

Maritime

Bloomberg | Top Story | March 10, 2021

Maersk is said to weigh sale of $1 billion cold container unit

A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business as demand for the cold storage units surges during the Covid-19 pandemic, according to people familiar with the matter.

Exporters take unusual steps to ease container shortage

Intermodal

Bloomberg | Top Story | March 09, 2021

Exporters take unusual steps to ease container shortage

Some of the world’s biggest exporters in Asia are intervening to alleviate a shipping container shortage that jeopardizes their overseas trading.

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World Shipping Council appoints leading profiles in environmental and safety regulation in shipping

AJOT | March 09, 2021 | Maritime | Liner Shipping

The World Shipping Council (WSC) is excited to welcome to the team Mr John Bradshaw, in a global role as Technical Director for Environment and Safety, and Dr James Corbett as Environmental Director, Europe.

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MSC GRI scope: ECSA to USA & US Gulf to ECSA

AJOT | March 09, 2021 | Maritime | Liner Shipping

MSC will apply a General Rate Increase (GRI), effective April 15th, 2021 from East Coast of South America for the following trade:

Steamship Trade Association of Baltimore names Hartman its new President

AJOT | March 09, 2021 | Maritime | Liner Shipping

SeaLand GRI from West Coast Central and South America to West Coast North America

AJOT | March 08, 2021 | Maritime | Liner Shipping

CMA CGM FAK rates - From North Europe & the Mediterranean to West Africa

AJOT | March 08, 2021 | Maritime | Liner Shipping

CMA CGM reefer additional from Europe & the Mediterranean to the French West Indies, French Guiana, St Martin & St Barthelemy

AJOT | March 05, 2021 | Maritime | Liner Shipping

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Drewry World Container Index - March 4

AJOT | March 04, 2021 | Maritime | Liner Shipping

Drewry’s composite World Container index decreased 2.2% to $5,121.04 per 40ft container. Two-year spot freight rate trend for the World Container Index: