Maersk Ends Nhava Sheva Congestion Surcharge
Maersk Line has lifted its congestion surcharge of $150 per 20-foot container imposed earlier on shipments to and from the Port of Nhava Sheva (Jawaharlal Nehru),India. The Danish carrier in a notice to customers said the congestion and delays that gripped the country s largest container port...
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P3 Speeds Will Challenge Other Carriers
In the latest issue of its Container Insight Weekly, Drewry said it expects the P3 carriers will "maintain and even improve average headhaul vessel speeds." Maersk, MSC and CMA CGM hope to begin operating the P3 Network on the Asia-Europe, transpacific and transatlantic trade lanes in the...
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Ocean Carrier Rate Revision Roundup For Oct. 25
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December. Asia-Europe United Arab Shipping Co. intends to boost rates for shipments from the Mediterranean to Asia by $200 per 20-foot-equivalent unit,...
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MSC Schedules India-Europe Rate Hike
Mediterranean Shipping Co. aims to increase rates in its westbound trade from India to North Europe and the Mediterranean, starting Nov. 4. The planned hike for all cargo will be $200 per 20-foot container and $400 per 40-foot container. In order to maintain the high level of reliability and...
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APL’s 5th Newest 9,200-TEU Ship Enters Service
Liner carrier APL has put its newest containership, the 9,200-TEU APL Savannah, into service in the transpacific. The vessel, the fifth of a series of 12 on order, will operate between Asia and the United States on the South Asia Express (SAX) service, rotating ports in San Pedro,...
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Egypt Tightens Suez Canal Security
Egypt has increased security along the Suez Canalafter receiving threats that jihadists were planning attacks along the waterway, United Press International reports. Citing security sources, Asharq al-Awsat, a London-based Arabic newspaper, said the army and police have beefed up their presence...
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G6 Alliance Implements Asia-Europe Winter Program
Liner carrier members of the G6 Alliance have announced the withdrawal of eight Asia-Europe sailings from late October 2013 to February 2014 in response to expected low demand over the winter season. The voided sailings will be made on the following services: Asia North Europe services - Loop 7...
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Maersk Increases Old November Rate Hike From US$600/TEU To $950/TEU
Maersk increases old November rate hike from US$600/TEU to $950/TEU MAERSK Line will increase its Asia-Europe rate US$950 per TEU from November, the company announced, having already announced a $600 increase, which has now been replaced by the higher rate. "Maersk Line continues to face...
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OOCL Christens 13,208-TEU Container Ship
OOCL has christened a new 13,208-TEU vessel on GeojeIsland in South Korea. Leased to NYK Line, the mega-ship was named by Harriet Tung, wife of C.C. Tung, chairman of OOCL, as the NYK Hyperion. It is the eighth of 10 13,208-TEU sized container ships ordered by OOCL from Samsung Heavy...
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