Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
More than half HMM’s 600-strong seafarer workforce have signed letters of resignation following management refusal to meet pay demands.
Some 453 staff voted in the seafarers’ union strike ballot last weekend, more than 90% backing action in protest at a reluctance to give generous salary increases after a pay freeze between 2011 and 2019, due to the company’s poor performance in those years.
Meanwhile, the union said yesterday it would extend negotiations by a week, to 1 September.
The union said: “We don’t want ...
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Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
Bad news for shippers as wave of transpacific rate increases continues
Houthis claim Red Sea safe for box ships not calling at port of Haifa
No deals with carriers, say Houthis – Red Sea safe for non Israel-affiliated ships
Rapid transpacific capacity build-up continues – can USWC ports handle it?
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