News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte ...
Two-thirds of the owners of cargo on the fire-hit Yantian Express face further costs to retrieve their goods after others failed to contribute towards general average.
Exactly five months after the fire aboard the Hapag-Lloyd vessel, ONE issued an advisory that general average and salvage security had still not been posted for a third of the affected containers.
One shipping source told The Loadstar this would “almost definitely” result in higher costs for cargo owners that did contribute towards the general average as administrators look ...
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Keep our news independent, by supporting The Loadstar
Shippers should check out the 'small print' in China-US tariff cuts
Spot rates on transpacific surge after news of tariff time-out
China-US trade tariff pause could drive a rebound for transpacific rates
'Cargo collision' expected as transpacific capacity tightens and rates rise
Carriers impose 'emergency operation' surcharges on Pakistan cargo
15% rebate for box ships as Suez Canal Authority woos carriers
Comment on this article
Frederik deCockBuning
May 06, 2019 at 7:15 pmLike I told from the beginning .. this is a very poor show of the operator.
moreover this GA proofs that large portion of cargo/goods on water have hardly
value to insure thus can not participate in any GA – this is a very delicate situation.
should we not go back to the time of CIF instead of C&F ??