|8 May 2007|
|12:47||seaFirst 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.
|30 November 2006|
|10:15||seaMaersk 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.
|29 November 2006|
|17:42||seaHapag-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.
|15 November 2006|
|11:06||seaNOL 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.
|17 October 2006|
|12:00||seaNOL 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.
|28 July 2006|
|12:16||seaHK 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.
|9 June 2006|
|15:06||seaTranspacific 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.
|19 January 2006|
|10:27||seaWTSA 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.
|22 November 2005|
|13:21||seaTSA 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.
|6 October 2005|
|14:33||seaContainer 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.
|8 September 2005|
|18:19||seaJeans - 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.
|30 August 2005|
|10:05||seaOver 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).
|24 August 2005|
|11:55||seaNOL 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.
|22 August 2005|
|15:40||seaConference 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.
|2 June 2005|
|15:51||seaAADA to Hike Rates |
Member lines of the Asia Australia Discussion Agreement (AADA) have announced they will impose rate hikes next month.
|9 March 2005|
|17:06||seaIPBCC 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.
|3 November 2004|
|12:58||seaTSA 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.
|19 October 2004|
|10:11||seaTACA 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.
|15 September 2004|
|09:25||seaShenzhen 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.
|25 August 2004|
|15:06||seaZim Changes Name|
Zim Israel Navigation has changed its name to Zim Integrated Shipping Services, reports CI-Online referring to the company’s announcement.
The name change follows the acquisition of the Israeli Government’s 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.