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Following the announcement by shipping company Herbert Roth on May 1st that they will increase the comprehensive rate increase surcharge (GRI) of $800 and $1000 for 20 ‘and 40’ (including dry containers, refrigerated containers, and special containers) transported from East Asia to the United States and Canada, Maersk, Daffy, and MSC have successively increased their …

Freight rates are rising! Following HPL, Maersk, DaFei, and MSC have successively raised their GRI by $540- $1250- reprinted from “Maritime Network” Read More »

Affected by the weak global demand and economic downturn, major indices show that freight rates continue to decline. The Shanghai Container Freight Index (SCFI) fell 24.53 points to 906.55 points in the latest issue, down 2.63% week-on-week, and has fallen for nine consecutive weeks. The latest issue of the Deloitte World Containerized Freight Index (WCI) …

Freight rates continue to decline! Shipping companies increase prices in April due to bursts in some markets on the European route of the reduced class? Read More »

Container transportation has become the most convenient and efficient mode of transportation today, at the same time, we have seen an endless stream of marine accidents caused by misreporting and omission of dangerous goods.Shipping companies have shown high amounts of liquidated damages, calling for industry self-discipline, with only one purpose: to ensure the safety of …

Teach you to read MSDS and ship more safely! Read More »

Japanese liner company Ocean Netlink Shipping ONE announced that it has ordered 10 13,700 TEU Panamax container ships, with the new vessels to be delivered in 2025 and 2026, but did not disclose the exact price or shipyard. The Singapore-based maritime company said this new order is in line with the company’s medium-term strategy announced …

ONE orders 10 more container ships Read More »