15% rebate for box ships as Suez Canal Authority woos carriers
The Mediterranean container trades could be upended once more after the Suez Canal Authority today ...
Container freight rates on the main east-west shipping trades fell further this week as carriers continued to lose the gains of the most recent price rises.
The Shanghai Containerised Freight Index (SCFI) saw declines on the North Europe, Mediterranean, US west coast and US east coast legs as carriers began to notify shippers and forwarders of new general rate increases (GRIs) on August 1.
The Shanghai-North Europe SCFI rate dropped 8.1% to $713 per teu this week, seemingly in defiance of high vessel utilisation ...
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'Cargo collision' expected as transpacific capacity tightens and rates rise
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Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
MSC Antonia, a casualty of the epidemic of GPS area-denial
News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
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