Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
The master of the 8,845 teu Maersk Surabaya has been arrested by the Australian Federal Police (AFP) following an investigation into a damaged subsea cable off the coast this month.
According to the AFP, a 59-year-old Ukrainian has been detained in Melbourne and charged with damaging a section of the cable, around 10km off the coast of Perth.
The police said it had received allegations on 3 August that a ship had damaged the cable – with repairs potentially at A$1.5m (US$1.07m).
It ...
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