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Maersk Ends Nhava Sheva Congestion Surcharge

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Maersk Line has lifted its congestion surcharge of $150 per 20-foot container imposed earlier on shipments to and from the Port of Nhava Sheva (Jawaharlal Nehru),India.

The Danish carrier in a notice to customers said the congestion and delays that gripped the country’s largest container port over the past few weeks have subsided in recent days, allowing restoration of normal operations at the terminals.


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P3 speeds will challenge other carriers

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   In the latest issue of its Container Insight Weekly, Drewry said it expects the P3 carriers will "maintain and even improve average headhaul vessel speeds."


   Maersk, MSC and CMA CGM hope to begin operating the P3 Network on the Asia-Europe, transpacific and transatlantic trade lanes in the second quarter of 2014 following regulatory approval.

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Transpacific rates fall to US$1,742/FEU to USWC and $3,099/FEU to USEC

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SHANGHAI Containerised Freight Index spot rates from Asia to the US east and west coasts continued to fall for a seventh week in the week ending November 1.

The Shanghai-US west coast spot rate fell 0.4 per cent, or US$7, from the previous week to $1,724 per FEU, according to SCFI data issued by the Shanghai Shipping Exchange. The US east coast rate slid 0.4 per cent to $3,099, having fallen $296 per FEU in the previous seven weeks.

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Ocean Carrier Rate Revision Roundup for Nov. 1

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Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.

Europe-Asia


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MOL to hike Asia-Mexico/WC South America rate US$500/TEU December 1

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JAPAN's biggest container shipping company, MOL, will implement a US$500 per TEU rate increase from December 1 on all cargo from Asia to Mexico and the west coast ofSouth America.

 

Asian Shipper News

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Carriers cut 10pc capacity on Asia-South America lane to curb rate plunge

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MAERSK, CMA CGM, Hamburg Sud, CSAV, China Shipping Container Line and Hanjin have ended their joint Asia-South America SEAS 3/ASAX 3/ASAS 3/NGX 3 service, cutting capacity 10 per cent to curb plunging freight rates.



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Le Havre Welcomes First Call of Glovis Ro-Ro Ship

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France’s Port of Le Havre has welcomed the maiden call of the Glovis Condor, a roll-on, roll-off vessel owned by Glovis, a South Korean company.

Glovis was originally an automotive logistics company, but recently expanded its business by entering into a tonnage agreement with Hoegh Autoliners. Under the deal, Hoegh Autoliners offers a shipping service in Middle East trade with one vessel per month, and Glovis manages the operations with Marmedsa as the shipping agents. The Glovis Condor arrived at Le Havre’s ro-ro terminal for the first time as part of the service.

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Emirates hikes rates in Middle East, Asia, Africa trades August 15

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EMIRATES Shipping Line, headquartered in Dubai and Hong Kong, has announced it is implementing a general rate increase (GRI) on its Middle East and East Africa tradelanes "in light of recent market developments" and "market conditions".



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OOCL to hike rates on Asia-Europe route

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Orient Overseas Container Line (OOCL) will raise shipping rates on its key Asia to Europe route from September, reported Dow Jones Newswires.

It plans to increase freight rates by US$500 per TEU for all westbound shipments from Asia to North Europe, the Mediterranean and Black Sea.

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ARC expands U.S.-flag ro/ro service in the Atlantic

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  American Roll-on/Roll-Off Carrier (ARC) has expanded its Atlantic ro/ro service with the addition of a fifth U.S.-flag vessel. 


   The ARC Freedom will allow for regular port calls atGalvestonTexas, and VeracruzMexico


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