Monday, March 20, 2023
Stage of visibility logistics 2023

News

Port of New York/New Jersey’s “container imbalance fee” could be counterproductive

News
On the 2nd of August 2022, the Port of New York and New Jersey announced the  implementation of a new quarterly container imbalance fee...

Vikrant – India’s first indigenous aircraft carrier delivered to Indian Navy

Information
In what is considered a major success for India's "Make In India" and "Aatma Nirbhar Bharat" initiatives, the Cochin Shipyard Limited (CSL) has handed over...

World Shipping Council report on containers lost at sea identifies several active safety improvement initiatives

Environment
"Although containers lost overboard represent less than one-thousandth of 1% (0.001%) of the roughly 241 million packed and empty containers currently shipped each year,...

US Agri exports to benefit financially from USDA initiative

FMC
"ocean carriers are refusing to take American exports back to Asia, leaving with empty containers instead. That’s costing farmers and ranchers—and our economy—a lot...

Continued decrease in Ocean freight spot rates seen as positive measure to curb inflation – SHIFEX by Shifl

Freight Rates
Consumer sentiment towards retail has been consistently falling over the last few months on account of rising inflation, even as prices of everyday commodities...

PharmaReg AfriSummit: “For A Healthier Africa” is back

News
The Annual PharmaReg AfriSummit, an insightful summit with over 300 professionals as attendees, including regional governmental officials & medical experts, is back as a...

President Biden signs The Ocean Shipping Reform Act of 2022 into Law

Demurrage and Detention
Well, that was quick.. 🙂 On Thursday, the 16th of June 2022, the 46th President of the United States - Joseph Robinette Biden Jr. signed...

Ooops, China did it again.. Fresh partial lockdown in Shanghai and Beijing

News
The country from where the COVID-19 reportedly originated, is fighting hard to control it on all fronts consistently. China follows a Zero-COVID policy much...

Federal Maritime Commission notches another victory in empty container detention case – Hapag Lloyd to settle

Demurrage and Detention
Hapag Lloyd, the 5th largest container shipping line in the world operating over 1.7 million TEUs and 249 ships became the 2nd carrier to...

Sitakunda Container Depot Fire contained, authorities revise death toll downwards

Hazardous Goods
The mortal remains of two more bodies have been recovered from Sitakunda's BM Container Depot in Bangladesh where a series of explosions lead to...

Just In Time arrival can reduce fuel consumption and emissions by 14%

Climate Change
Containerships can reduce fuel consumption and resulting carbon dioxide emissions by 14% on a per voyage basis using Just In Time arrival. This is what...

Meet SHIFEX – the new freight index on the block

Freight Forwarding
Digital forwarding and supply chain platform Shifl has announced the launch of SHIFEX, an Ocean Spot Freight Rate Index for container shipments which is now...

Marine Environment Protection Committee (MEPC) 78th session opens

Climate Change
The 78th session of the Marine Environment Protection Committee (MEPC) opened on the 6th June 2022 as a virtual session. As per an IMO press...

Devastating fire in Chattogram container depot in Bangladesh claims 49 lives

Hazardous Goods
In a shocking incident, at least 49 people are reported to have been killed with more than 200 people including police and firemen, injured...

Maersk all clear to take to the skies with Senator International

News
Flush with a USD19.29 billion revenue (+55%), USD6.78 billion net income and a USD 6 billion free cash flow (+154%) in the first quarter...

Mutually enforceable contracts are key to overcoming future supply chain crunch – Fact Finding 29

Demurrage and Detention
- Drastic ocean freight rate increase due to market forces of supply and demand - A dozen recommendations made to alleviate US supply chains disruptions -...

Hapag Lloyd completes acquisition of Deutsche Afrika Linien (DAL)

News
- Deal completed after approval by worldwide antitrust authorities - Acquisition supports Hapag-Lloyd’s strategy to further grow in the South African market   Hapag-Lloyd today successfully closed...

18th May 2022 – The first International Day for Women in Maritime

News
  Maritime Transportation has been and still remains the backbone of global trade since the Egyptians, Greeks, Romans, Arabs, Indians, Chinese, and Europeans all started...

Port of Long Beach boosts rail capacity

News
The Port of Long Beach has completed the construction of a new rail project that will increase the efficiency of goods movement and reduce...

Easter Sunday rising as Ever Forward is refloated

Maritime Disasters
"An outstanding Easter Sunday rising" is how William Doyle, Executive Director of the Port Baltimore has termed the refloating of the Ever Forward on...
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