Maersk Updates Expectations to Volumes and EBITDA for Q2 2020
Based on the market development, combined with cost measures across the organisation and significant blanked sailings in Ocean, A.P. Møller – Mærsk A/S (APMM) expects...
Category : Freight
Container carrier cuts send trans-Pacific rates into orbit
There’s an old adage: “Forecasting is the art of saying what will happen and then explaining why it didn’t.” Remember those dire warnings that container...
Baltic sea freight index posts record weekly gain on China iron ore demand
In context of a notable uptick in China iron ore demands following an ease of forced closure measures, the Baltic Exchange’s main sea freight...
DSV Panalpina expects growth in second quarter – but sees ocean freight drop by up to 20 percent – ShippingWatch UK
DSV Panalpina expects growth in second quarter – but sees ocean freight drop by up to 20 percent ShippingWatch UK...
IPCSA guidelines on Port Community Systems for small and medium Sized Ports
The principles of Port Community Systems (PCS) are the same for every size of port, however small and medium sized ports may have different drivers...
Congestion for Chinese imports worsens; Indian imports into China face delays
Following “unofficial” orders at commissionerates across the country to withhold China-origin consignments for a 100 percent examination, shipments continue to be stuck at sea...
BIFA defends forwarders “tarred as being technology laggards”
British International Freight Association (BIFA) has defended forwarders “tarred as having a reputation as technology laggards”. The defence follows yesterday’s news that digital freight forwarder...
Baltic Index Up For Sixth Straight Week
The Baltic Exchange’s main sea freight index edged higher on Friday, helped by an uptick in rates for capesize and panamax vessels, and posted a sixth consecutive weekly gain....
We must “learn to live in a Covid world” – The Independent News
– Advertisement – Singapore — In a recent interview on CNN International, Minister for Trade and Industry Chan Chun Sing was asked why Singapore chose...
Global Dry Freight Container Market Report 2020 – Covering Impact of COVID-19, Financial Information, Developments, SWOT Analysis by Global Top Companies
The report contains a thorough summary of Dry Freight Container Market that includes several well-known organizations, key market players who are leading in terms of...