ZIM starts new Asia – South America service

The Israeli shipping line ZIM has launched a new service called Ase, connecting Asia with South America. The new monthly service provides a direct connection between South China and South America with the fo...

Hapag-Lloyd confirms rates increase cessation

Hapag-Lloyd is the second container carrier that announces the suspension in rate increases, following CMA CGM's decision to halt all spot rate increases until 1 February. "We believe that spot rates have pe...

MSC pushes up rates from South Africa to Europe

The Swiss shipping company MSC will apply new freight rate increases for shipments travelling from South Africa to Europe, which will be effective from 11 October. In particular, the Geneva-based liner opera...

Long Beach reports busiest August of all time

The Port of Long Beach (POLB) marked its strongest August on record and broke monthly cargo records after 13 months, driven by the peak shipping season. Particularly, the second busiest port of the United St...

Chittagong port’s box handling shot up

Container handling by the Chittagong port increased significantly in August compared to July as global trade rebounded. In August the port handled a total of 251,888TEU, while 228,188TEU were moved through t...