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 ...
At the current count, the Federal Maritime Commission, via its Bureau of Enforcement (BOE) has levied $1.57m in fines to container carriers.
They have been accused of “knowingly and wilfully” applying detention and demurrage (D&D) fees to shippers, hauliers (commonly known as drayage firms in US parlance) and freight forwarders – in essence, anyone unlucky enough to be trying to deliver an empty container to either a port terminal or inland container depot.
So far, the list of penalised carriers comprises just ...
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
Alex Lennane
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