SHIPPING lines are seeking a general freight rate hike to stick in July on the Asia-Europe trade after prices on services to northern Europe picked up steam.
SEASPAN, the Hong Kong administered by Vancouver headquartered charter owner and container lessor, is to take delivery of the third of seven neopanamaxes, the 10,000-TEU Hanjin Ami.
The European Commission said today it hasn’t found any anti-competitive issues with the proposed P3 Network, giving the vessel-sharing agreement involving the three largest global container lines safe harbor on the continent.
HONG KONG's Orient Overseas Container Line (OOCL) has announced a US$300 per TEU rate increase from Asia to New Zealand starting April 1.
Hanjin Shipping is pulling out of several money-losing trades to cut its ongoing losses. It told its customers it will drop its trans-Atlantic service because of what it called “dismal market conditions which do not support operational costs." Although it is rare for a major carrier to pull out of a large, established trade lane such as the trans-Atlantic, Hanjin will stop serving customers in the trade lane after May.
Pacific International Lines will start calling at the Port of Seattle in February.
OOCL is the latest container shipping line to announce a peak season surcharge for shipments in the run up to Chinese New Year.
Manchester Airport welcomed one of the world’s largest commercial freighters Thursday, as a Cathay Pacific Boeing 747-8F landed from Hong Kong.
American Airlines Cargo has started a new daily widebody cargo service from Los Angeles (LAX) to Sao Paulo, Brazil (GRU).
UAE-based Etihad Airways plans to introduce three more international destinations in 2014.