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Shipping May, 21, 2021 0

CMA CGM will apply a general rate increase on the BRAZEX service

CMA CGM reported that because of the market situation and its additional costs, it will apply a general rate increase (General Rate Increase – GRI) to the BRAZEX service, valid…
Shipping May, 20, 2021 0

Maersk launches NeoNav artificial intelligence solution in Brazil

Maersk is launching NeoNav, a new digital solution that uses artificial intelligence (AI) to help large companies optimize their supply chains, cut costs, and better manage inventories. According to the…
Shipping May, 19, 2021 0

How the Covid-19 crisis in India affects global shipping

Sheikh Karim, a sailor from the Indian state of Odisha, spends hours on the phone every day, looking for jobs abroad for which he cannot apply. Along with the Philippines…
Shipping May, 19, 2021 0

ITF forecasts worldwide transport activity to more than double by 2050

The OECD’s International Transport Forum (ITF) has published its Transport Outlook 2021. The think tank’s report on transport policy was released prior to the virtual annual summit of transport ministers…
Maersk
Shipping May, 18, 2021 0

Container transport giant Maersk has new plans for Brazil

You may have heard about the Danish conglomerate Maersk – or seen its containers. The group is the largest maritime transport company globally, consolidating brands such as Hamburg-Süd and Aliança…
Shipping May, 18, 2021 0

Why stratospheric container rates could rocket even higher

Spot ocean container rates are up triple digits year on year, ergo they must be near their peak. They’re so high they don’t have much more room to run. So…
Shipping May, 17, 2021 0

Decreased demand for refrigerated imports increases use of NOR containers

The global trade in goods is experiencing an atypical situation with the lack of containers and the excessive increase in the price of international freight. The scarcity of containers on…
Shipping May, 13, 2021 0

Containership Time-Charters Break New Records

Four-year-plus charter deals are becoming the norm as shipowners ratchet up the pressure on liner companies. As their confidence of the sustainability of currently elevated freight rates grows, ocean carriers…
Shipping May, 13, 2021 0

Egypt details plans to widen and deepen the southern part of the Suez Canal

Egypt has this week announced plans to widen and deepen the southern part of the Suez Canal where the Ever Given containership ran aground blocking the waterway for six days…
soybean exports Argentina Brazil
Shipping May, 11, 2021 0

Global commodities scramble sends shipping prices soaring

The super-charged rally in commodity prices has made shipping more expensive than any time in the past decade, reviving the fortunes of an industry that was on its knees just…