As a result of ongoing increases in the price of bunkers at Hong Kong and South Korea, the TFA member lines wish to advise that … the Bunker Surcharge is to be adjusted to US$400 per TEU with effect from December 4, 2009....
Read MoreThe Grand Alliance and the New World Alliance will combine two all-water services from Asia to the U.S. East Coast as part of their combined capacity cutbacks of about 4,000 20-foot containers during the slack winter season, the...
Read MoreZim Integrated Shipping Services, suffering a steep drop in demand in its container shipping business, reported a $208 million loss in the third quarter on Thursday, more than triple the loss from last year. Revenue plunged 50...
Read MoreCosts to deepen the Main Channel and other waterways at the Port of Los Angeles soared to $298 million Thursday night, when the harbor commission approved a plan that calls for dumping some of the dredged dirt at three new...
Read MoreA slow recovery in global trade and tight finance could set the stage for a wave of consolidation in the trillion-dollar shipping industry, as it gears up for a second straight year of turmoil in 2010. Hundreds of empty...
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