A chill settles over perishables shippers as reefer shortage persists

Concerns over a shortage of reefer containers are still riding high, amid fresh warnings that supply is due fall well short of demand towards the end of the year, and into 2020.
The warning came from global head of seafreight reefer logistics at Kuehne + Nagel Frank Ganse, while Thomas Eskesen, founder of Eskesen Advisory, also envisages no improvement next year.
He pointed to the fact that orders for new reefer containers currently …

The post A chill settles over perishables shippers as reefer...

https://theloadstar.com/a-chill-settles-over-perishables-shippers-as-reefer-shortage-persists/

Hapag-Lloyd launches two new India services

In response to growing demand, Hapag-Lloyd will offer more services from and to India. Two new services, the South East India – Europe Express (IEX) and the Middle East-India-Africa Express (MIAX), will enter into operation in October.

Both the IEX and the MIAX will further strengthen and optimize Hapag-Lloyd’s market-leading position in India and connect the country even more closely to North Europe and Africa. “We believe in serving the needs of all Indian customers. To do that, a...

https://container-news.com/hapag-lloyd-india-services/

Hapag-Lloyd implements GRI from East Asia

Hapag-Lloyd will implement the following General Rate Increase (GRI) in the eastbound trade from East Asia to all USA and Canada destinations as of November 1st, 2019 (date of cargo receipt at origin).

This General Rate Increase will apply for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers as follows:

East Asia to North America (USA and Canada)

  • USD 560 per all 20′ container types
  • USD 700 per all 40′ container types

East Asia is defined as being the...

https://container-news.com/hapag-lloyd-gri-east-asia/

Market Insight: Copenhagen burns cash as APMM ‘wants the top forwarders out’

“Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.” – Jim Rogers.
If you have good memory you must recall that in July I wondered whether shrinking the share count made any sense to prop up shareholder value at AP Møller-Mærsk (APMM).
In principle, the idea that earnings per share growth could boost appetite in a stock that trades at a large discount to …

The post Market Insight: Copenhagen burns cash as APMM ‘wants the top forwarders out’ appeared...

https://theloadstar.com/market-insight-copenhagen-burns-cash-as-apmm-wants-the-top-forwarders-out/

Hapag-Lloyd at the PMA Fresh Summit Fair

Hapag-Lloyd will be represented with a booth at the trade fair “PMA Fresh Summit” in Anaheim, California on October 18 – 19, 2019.

“We are very much looking forward to meeting you in Anaheim and welcome you at our stand,” the German company says in its release.

You will find the Hapag-Lloyd team at Hall A, Booth No.4525.

“Take the chance to meet our experts and talk about your individual requests and requirements,” Hapag-Lloyd adds. “We are certain that we will find a suitable, reliable and...

https://container-news.com/hapag-lloyd-pma-fresh-summit-fair/

Hapag-Lloyd Launches an User Friendly Insurance

  • Hapag-Lloyd is expanding its digital product portfolio.
  • The company is now offering its customers an online marine insurance, available on the Hapag-Lloyd website.
  • Customers of “Quick Cargo Insurance” benefit from a particularly user-friendly, digital service offering.

Global linear company Hapag-Lloyd has expanded its digital product portfolio by offering its customers an online marine insurance, reads a press release by the company.

Quick Cargo Insurance

Quick Cargo Insurance” provides...

http://mfame.guru/hapag-lloyd-launches-an-user-friendly-insurance/

Hapag-Lloyd applies new rates from North Europe

Hapag-Lloyd announces an increased Ocean Tariff rate for all cargoes in 20’ and 40’ General Purpose (incl. High Cube Containers) on the  Eastbound trade from North Europe to Middle East and Indian Subcontinent.

Valid for sailings commencing on October 1, 2019 onwards and until further notice, Hapag-Lloyd’s Ocean Tariff rates from North Europe to Middle East & Indian Subcontinent will be:

For additional port pairs you can navigate to the tariff section of the company’s Online Business webpage.

The...

https://container-news.com/hapag-lloyd-rates-north-europe/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon