Liners unveil Asia-Europe FAK price hikes to arrest steady rate decline
Container shipping lines are looking for a hike in Asia-Europe spot freight rates, announcing a ...
The US’s National Public Radio (NPR) news site carries a story saying prosecutors in the US have arrested the MSC Gayane, the MSC vessel that last month was found to be carrying the largest amount of cocaine ever seized by US authorities. They raided the ship as it docked at the port of Philadelphia in June, and US Customs and Border Protection revealed yesterday it had obtained a warrant to seize the ship, with NPR reporting the vessel would remain in the court’s custody. Although no indication was given as to whether MSC itself would face any action – it is the third of the line’s vessel to have been busted this year – the carrier has received a temporary suspension of its Customs Trade Partnership certification as a result.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
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