Shipping lines are sub-letting tonnage to profit from firm charter market
Charter rates continue to defy the freight market, with HMM sub-letting a chartered vessel to ...
Remember the billion-dollar DSV / Cuban lawsuit? A gloriously absurd, only-in-America, lawyer-enriching set of court cases in which DSV and partners have been accused of unlawfully using expropriated property for financial gain.
More simply put – DSV and its lines used a Cuban port which had been in the hands of North American Sugar Industries until the Cuban revolution, when the government reclaimed it.
Under a law then-president Trump re-introduced in 2019, US nationals with claims to confiscated property in Cuba can ...
MSC switches two more Asia-Europe port calls from congested Antwerp
Front-loading frenzy has made traditional H2 peak season 'unlikely'
Canada and Mexico get cosy with trade plan to bypass US
Tradelanes: Export boom in Indian sub-continent triggers rise in airfreight rates
Carriers introduce surcharges as congestion builds at African ports
Mexican airport modernisation plan unlikely to boost cargo facilities
Ports and supply chain operators weigh in on funding for CPB
Tradelanes: Overcapacity on Asia-S America impacting alliances and rates
Comment on this article