Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
A containership off the coast of Australia lost 40 boxes overboard in rough weather on Sunday, with cargo including face masks now washing up on beaches near Sydney.
CMA CGM’s 5,510 teu APL England lost propulsion during heavy seas, according to the Australian Maritime Safety Authority (AMSA), while sailing to Melbourne from Ningbo,
The Singapore-flagged vessel was around 73km south-east of Sydney when the incident happened, and while power was restored within a few minutes, heavy rolling caused container stacks to collapse, ...
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