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Freight
 
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8 May 2007
12:47seaSeaNews Club materialFirst Block Train with Daewoo Kaptiva Parts in Shushary
On May 7 at 19-21 local time the first block train consisting of 60 FEU with car parts for Daewoo Kaptiva arrived at the Shushary rail station near St.
Rating: 1893
30 November 2006
10:15seaSeaNews Club materialMaersk Cuts Capacity and Raises Rates
Maersk is phasing out the TP10 and TP14 services from China and Japan to the US west coast as the peak season is ending.
Rating: 1024
29 November 2006
17:42seaSeaNews Club materialHapag-Lloyd to Raise Rates
Hapag-Lloyd is to raise rates on its North Atlantic services in the face of rising costs and increasing competition, reports Tradewinds. Freight rates have come under pressure in recent months with the entry of new players into the North Atlantic market.
Rating: 920
15 November 2006
11:06seaSeaNews Club materialNOL Sees More Rate Weakness
Singapore's Neptune Orient Lines (NOL) has suffered a further decline in freight rates, but it is carrying more cargo compared to a year ago, reports Tradewinds. Average revenue per feu in the four weeks to 20 October 2006 was $2,665, some 9% down on the $2,936 seen a year earlier.
Rating: 642
17 October 2006
12:00seaSeaNews Club materialNOL Sees Rates Decline 10%
In the four weeks to 22 September 2006 the Singapore shipowner saw rates of $2,658 per feu, compared to $2,939 per feu a year earlier.
Rating: 624
28 July 2006
12:16seaSeaNews Club materialHK Terminal Operators to Impose Port Security Charge
Hong Kong's 5 container terminal operators have reached an agreement with the territory's shippers to implement a port security charge from mid-August to cover additional security measures.
Rating: 1261
9 June 2006
15:06seaSeaNews Club materialTranspacific Carriers Impose Surcharges
TSA's (Transpacific Stabilization Agreement) previously announced 15 July-30 November $200/TEU Peak Season Surcharge will be further increased for all-water US East Coast services (only): to $300/TEU effective 15 July and $400/15 August, reports The Shipping Times.
Rating: 2001
19 January 2006
10:27seaSeaNews Club materialWTSA Raises Freight Rates
Container shipping lines operating on the westbound transpacific route from the US to Asia, including Neptune Orient Lines' APL, have announced freight rate hikes for scrap metal shipments and a shortening of free-time allowances for containers in China.
Rating: 618
22 November 2005
13:21seaSeaNews Club materialTSA Increases Rates
Carriers of the Transpacific Stabilization Agreement (TSA) have set new rate hike targets for forthcoming negotiations with shippers, asserting that inland transport constraints will offset vessel capacity growth.
Rating: 744
6 October 2005
14:33seaSeaNews Club materialContainer Trans-Atlantic Rates Adjusted
The Trans-Atlantic Rate Agreement (TACA) group of container lines is raising eastbound and westbound rates in four quarterly jumps next year.
Rating: 723
8 September 2005
18:19seaSeaNews Club materialJeans - Trade Engine
The end of textile quotes in China is spurring a spike in demand for US cotton exports that could strain the westbound trans-Pacific intermodal system.
Rating: 913
30 August 2005
10:05seaSeaNews Club materialOver 1000 Euros per Container
The container delivery from the European ports to St.Petersburg keeps rising in price during the summer period per 50-100 euros monthly for a 40-feet container (FEU).
Rating: 862
24 August 2005
11:55seaSeaNews Club materialNOL Handles More Boxes
Singapore-based shipping line Neptune Orient Lines (NOL) shipped a total of 299,600 TEU in July 2005, an increase of 10% over the same period last year, a company statement said. The shipping line's total box movement from the beginning of the year until July 29 amounted to 1.11 million FEU compared to 982,200 in the same period in 2004, an increase of 13%. The company also pointed out that during the same period (January through July) the average revenue per FEU was $2,795, a rise of seven per cent compared to last year.
Rating: 723
22 August 2005
15:40seaSeaNews Club materialConference Rate Rise
Conference carriers in the Canada - Europe container market announced last week general rate increases on both eastbound and westbound shipments, effective from October 1, writes Leo Ryan in Montreal.
Rating: 846
2 June 2005
15:51seaSeaNews Club materialAADA to Hike Rates
Member lines of the Asia Australia Discussion Agreement (AADA) have announced they will impose rate hikes next month.
Rating: 736
9 March 2005
17:06seaSeaNews Club materialIPBCC to Raise Box Rates
Box rates from the Indian Sub-continent are to rise since 1 April when the India-Pakistan-Bangladesh-Ceylon Conference (IPBCC) increases rates in the westbound trade for general and reefer containers.
Rating: 506
3 November 2004
12:58seaSeaNews Club materialTSA Announces Rate Increases
Container shipping lines in the Transpacific Stabilization Agreement (TSA) have completed a detailed assessment of market, operational and infrastructure conditions in the Asia - US container freight market, and finalised pricing plans for 2005 tariffs and service contracts. According to SchedNet, the carriers report that aggregate operating costs in the Pacific continue to rise, and will increase next year by at least 11-12%, depending on route and transport mode.
Rating: 954
19 October 2004
10:11seaSeaNews Club materialTACA to introduce LA/LB congestion surcharge
Member lines of the TransAtlantic Conference Agreement (TACA) have announced that due to ongoing delays at the Californian ports of Los Angeles and Long Beach, they will introduce a congestion surcharge, from November 15. The lines said they would charge an extra US$200 per TEU and $400 per FEU for all shipments destined for the two west coast ports, reports SchedNet. TACA's member lines are: Atlantic Container Line AB, Hapag Lloyd Container Linie GmbH, Mediterranean Shipping Co.
Rating: 535
15 September 2004
09:25seaSeaNews Club materialShenzhen Port Operators to Face Construction Fee
Authorities in China are planning to introduce for the first time a port construction charge on terminal operators based at the thriving southern port city of Shenzhen, reports SchedNet. A report by Bloomberg said that the Ministry of Communication will levy a fee on containers of $14 per FEU and $9 per TEU, citing Cheyenne Yu, CEO of Shekou Container Terminals Ltd in Shenzhen, who claimed that the charges will be passed on to shipping companies calling at the container ports in Shenzhen. Mr Yu was quoted as saying that new construction fees will rake in at least $60,000 in revenues each year. The charges are intended to go towards expanding terminal facilities to relieve chronic cargo congestion at the ports which Bloomberg said had created bottlenecks at container terminals. Other media reports claimed the fees will be effective from October 1, but will not effect transshipment cargo.
Rating: 479
25 August 2004
15:06seaSeaNews Club materialZim Changes Name
Zim Israel Navigation has changed its name to Zim Integrated Shipping Services, reports CI-Online referring to the companys announcement. The name change follows the acquisition of the Israeli Governments 48% stake in the company earlier this year. Meanwhile, Zim and other members of the Mediterranean - Canadian Freight Conference have announced a cost recovery rate increase for on eastbound cargo, effective October 1, 2004.
Rating: 681
 
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