MSC Aries crew set for release 'on humanitarian grounds', says Iran
The crew of the seized containership MSC Aries are reportedly set to be released after ...
The notion of general average can be a thoroughly perplexing one to the modern shipper, developed as it was in the days when steam was still in the process of usurping sail as the principal means of propulsion, and liner shipping had still yet to be born. It was developed in a time when the idea that cargo owners ought to take some share of the losses “resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency” made sense. But things have changed, and in today’s world, where a single voyage can involve hundreds, if not thousands, of individual cargo owners, sorting out a general average claim can take years. But there are ways for shippers to mitigate the risks posed, as this post outlines.
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Trade growth getting stronger, but ocean freight rates stay flattish
Rising costs of port congestion force surcharge by Asian feeder operators
Global airfreight volumes blooming as flower shipments take off
Comment on this article