Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
Samsung Electronics America (SEA) and, ironically, Hapag Lloyd have both filed new detention and demurrage (D&D) cases as the issue hits the headlines again.
Last week, the US subsidiary of South Korea’s electronics giant filed for proceedings with the Federal Maritime Commission (FMC) against SM Lines, claiming the Korean carrier had failed to meet contractual obligations to deliver to inland destinations in the US.
The company filed a similar complaint against Zim last autumn.
SEA claims its contract with SM Line meant the ...
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