Capture of MSC Aries will further drive up Indian export costs
With heightened geopolitical tensions sparked by the Iran-Israel faceoff, Indian exporters are again staring at ...
Global Trade Magazine reports that the US Federal Maritime Commission will begin hearing evidence from shippers on how they have been price-gouged by ports and terminals in the US over the recent years, particularly in relation to demurrage, detention and per diem charges. And it presents an impressive litany of evidence of shippers being penalised for port congestion issues that they played little part in: “Shippers and forwarders recounted nightmare scenarios of being charged ungodly penalties for situations beyond their control.”
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DSV could face $16m bill after helicopter is written off in haulage accident
FAK rate hikes holding, with strong demand into peak season predicted
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Ecommerce boom may be opening the doors for smugglers
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
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