Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
Container lines serving Middle East trades are facing the prospect of losing a major source of their income from mark-ups or margins on ancillary collections.
According to a decree by the Dubai Maritime Authority (DMA), which governs ports, customs and free-zones in the UAE, carriers or freight intermediaries like NVOCCs and freight forwarders have been barred from collecting terminal handling charges (THCs) on behalf of customers for payment to terminal operators.
“The local port operator will issue invoices separately for their ...
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