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 ...
In a perhaps surprising development, Lufthansa and MSC appear to have been rebuffed in their joint attempt to take on 80% of ITA Airways – while Delta and AF-KLM (now connected, of course, to CMA CGM) have been picked instead. The preferred group, led by US private equity fund Certares, hopes to take on 60% of the carrier. Lufthansa, meanwhile, said it still thought its offer was the “better solution”. Reuters reports.
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
Iran may now pose a threat to multimodal supply chains via Dubai
Capture of MSC Aries will further drive up Indian export costs
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