Intro Reports indicate that more than 60 container ships are stuck offshore of Long Beach and Los Angeles. This is … Read More
Cyclone Closes One of World’s Busiest Ports, Can be Deadly and Disruptive to the Industry
Preparing for the worst and hoping for the best China’s Yantian port in Shenzhen suspended pick-up and drop-off of containers … Read More
When Will the Global Shipping Crisis End?
Reading the signs correctly Now that some parts of the developed world are finally beginning to see significant gains against … Read More
CMA CGM Caps Its Rates: What Does This Mean for Container Shipping?
CMA CGM is based in France and is the third largest ocean carrier in the world today; they recently decided … Read More
CMA CGM Makes The Decision to Stop all Spot Rate Increases
This measure is effective immediately from September 9, 2021 and until February 1, 2022. The Group is prioritizing its long-term … Read More
China’s Strict Zero-Covid Policy is Creating more Disruptions
Operations at the port of Ningbo have resumed, after being closed for 2 weeks due to one dock worker testing … Read More
Cargo Insurance: What is it and why do I need it?
The shipping industry needs to consider the management of cargo insurance costs. This requires a thorough understanding of how freight … Read More
Maersk is making an e-commerce play
Source https://www.freightwaves.com/ Jack Daleo Friday, August 6, 2021 A.P. Moller – Maersk further bolstered its position in the e-commerce space on … Read More
What is causing High Shipping Rates in a Depressed Market?
As Maersk released its quarterly performance statistics, many were left wondering about the high rates in a depressed market. This … Read More