FMC rules shipments cannot be declined for commercial reasons, ignores box lines’ objections

Despite major container lines’ objections, the US Federal Maritime Commission (FMC) has decreed that liner operators cannot use “business decisions” to refuse to move containers already booked.

As per the Ocean Shipping Reform Act (OSRA), the move aims to help US exporters who struggle to secure space for their shipments.

The Biden administration passed the OSRA in 2022, in response to pleas from US shippers who found it difficult to secure slots when the Covid-19 pandemic caused logistical...

https://container-news.com/fmc-rules-shipments-cannot-be-declined-for-commercial-reasons-ignores-box-lines-objections/

MSC breaks ground on new multimodal terminal in France

MSC’s logistics division MEDLOG has commenced construction works on a new multimodal platform in the Paris region.

The MEDLOG Inland Terminal Paris-Bruyères is part of a broader redevelopment project at the Port 2000 site (TN MSC) in Le Havre and is expected to offer rail and barge connections for regional importers and exporters.

HAROPA PORT awarded the site to TiL in 2022 after a competitive bidding process.

The TN MSC Port 2000 initiative, spearheaded by MSC’s port investment arm TiL, is a...

https://container-news.com/msc-breaks-ground-on-new-multimodal-terminal-in-france/

MSC resumes Transpacific service

MSC has announced the reinstatement and improvement of Liberty service, a standalone product of MSC, aiming to provide additional capacity for the ongoing robust demand in the Transpacific market.

As part of this enhancement, MSC is introducing a new direct call to the port of Philadelphia.

The Swiss/Italian container carrier said the service will offer competitive transit times into the United States East Coast with 40 days needed from the port of Singapore to Philadelphia.

“The expanded Liberty...

https://container-news.com/msc-resumes-transpacific-service/

Shifts in Container Rankings: ZIM surpasses Yang Ming, CMA CGM set to overtake Maersk

MSC and ZIM Line are the fastest-growing mainline operators, according to the latest Alphaliner’s report.

MSC’s fleet has now crossed the 6 million TEU mark, thanks to aggressive newbuilding orders and recent purchases of second-hand, albeit elderly vessels.

The Swiss-Italian operator’s latest newbuilding is the 16,616 TEU MSC Juliette, which Guangzhou Shipyard International delivered on 18 July, making it the 17th large Post-Panamax addition to MSC’s fleet this year.

Last week, the Aponte...

https://container-news.com/shifts-in-container-rankings-zim-surpasses-yang-ming-cma-cgm-set-to-overtake-maersk/

FMC rejects claims it is using new container rule to regulate prices

WASHINGTON — The Federal Maritime Commission has rejected arguments that it is trying to regulate rates in issuing a new rule largely prohibiting ocean carriers from refusing to provide vessel space for their customers’ containers.

The final rule, which also addresses instances in which carriers unreasonably refuse to deal or negotiate contract provisions with their customers regarding container vessel space, was required under the Ocean Shipping Reform Act of 2022. It goes into effect Sept. 23.

“...

https://www.freightwaves.com/news/fmc-rejects-claims-it-is-using-new-container-rule-to-regulate-prices

India-Europe FAK rates heading to new highs as shippers scramble for space

Indian exporters sending goods to Europe are set to face significantly higher freight rates next month, as container lines already have their vessels overbooked for the upcoming weeks.

Carriers have successfully pushed spot rates and freight-all-kinds (FAK) rates up, after seeing some softening trends from the Red Sea crisis-induced spikes a couple of months ago.

The latest announcements by major carriers for August will take FAK rates from India to North Europe to over US$5,500 per container,...

https://container-news.com/india-europe-fak-rates-heading-to-new-highs-as-shippers-scramble-for-space/

MSC commences inaugural flight from Milan to Hong Kong

MSC Air Cargo has announced the launch of its first commercial flight from Italy’s Milan Malpensa Airport (MXP) to Hong Kong International Airport (HKG).

The route Malpensa – Hong Kong – Malpensa will be operated twice a week.

“The occasion marks the beginning of a new era in airfreight logistics as MSC Air Cargo expands its network and capabilities with the delivery of its fifth MSC-branded aircraft, the Boeing 777-200 Freighter (I-MSCA), operated by AlisCargo Airlines,” said the company in a...

https://container-news.com/msc-commences-inaugural-flight-from-milan-to-hong-kong/

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