News

The latest industry news and PSA BDP Happenings from across the globe.

January 25, 2021

ocean freight

The European Commission has said it does not regard the huge container spot rate increases between Asia and Europe as sufficient justification to investigate carriers for an infringement of the Block Exemption Regulation (BER) for consortia.

January 20, 2021

ocean freight

A Maersk operated containership en route to Los Angeles, California has reportedly lost some 750 containers overboard in the Pacific Ocean.

January 19, 2021

ocean freight

Shipping lines in Hong Kong have warned of disruption and added costs following the reduction of Pearl River Delta barge connections until after Chinese New Year (CNY) next month.

January 15, 2021

ocean freight

Hapag-Lloyd expects the current congestion at West Coast port facilities to continue into at least February, according to a recent update from the carrier.

January 11, 2021

ocean freight covid-19

Carmen Gerace, Chief Transportation Officer, and Gene Welsh, Executive Director - Ocean Transport, share the latest updates and insight regarding the West Coast port situation including labor challenges, import cycles, an uptick in increased dwell time, and the severe shortage of chassis, among other issues.

January 5, 2021

covid-19 ocean freight

UK Prime Minister Boris Johnson reimposed a lockdown in England on Monday as a more transmissible variant of Covid-19 fuels a surge in infections and hospitalizations in the country.

December 7, 2020

ocean freight

Due to the COVID-19 quarantine requirements for the ship crews onboard to the coastal feeder running between South China and Hong Kong waters, feeder operators announced their services to be suspended from mid-Jan to the end of Feb 2021.

November 30, 2020

ocean freight

As carriers continue to leave import containers stranded at North European ports and charge exporters more than $5,000 to ship a box to Asia, the pressure is growing for regulatory intervention.

November 24, 2020

brexit ocean freight

Maersk has announced plans to increase its import haulage tariff for the UK and Ireland on 1 January, as freight rates continue to spike by “crazy” amounts.

November 24, 2020

ocean freight

Vessel diversions eased congestion at the UK’s container port hubs this week, but much of the cargo discharged at Rotterdam, Antwerp and Zeebrugge will struggle to reach vital Christmas markets.