Container lines Increase Cancellation Fees, Traders Feel the Heat

  • container lines have not only continued to raise freight rates but have also introduced additional difficult measures for companies involved in shipping commodities in boxes.
  • In contrast, CMA-CGM and Maersk have reported large increases in profits for the third quarter of 2020, amid high demand, strong freight rates and low fuel costs.
  • An acute shortage of containers and new rule changes by container lines have combined over the past week to again raise containerized shipping costs for...

https://mfame.guru/container-lines-increase-cancellation-fees-traders-feel-the-heat/

Shipping Ban Ease Offer Receives Cold Shoulder From Traders

  • The market receives UAE’s gesture of easing ban on shipping of goods between the country and Qatar with lukewarm response.
  • Due to business through Port of Salalah in Oman and direct shipments from countries worldwide, interest in Jebel Airport has mellowed.
  • DP World reported a fall of 4.6 percent in fourth-quarter (Q4, 2018) shipping container volumes in Dubai.
  • Dubai’s Jebel Ali and Mina Rashid port account for about 20 percent of DP World’s global volumes.
  • Dubai shipping container volumes...

http://mfame.guru/shipping-ban-ease-offer-receives-cold-shoulder-from-traders/

Zanzibar port’s delays frustrate traders

Members of the business community in Zanzibar say inefficiency in cargo handling at the Zanzibar’s main seaport of Malindi, Stone Town has been frustrating their business and driving away international cargo ships.

“The working environment and operations at Malindi seaport is bad for importers, exporters, and freight operators. We call upon the government to take appropriate emergency measures,” members of the business community said.

Talking at the ‘Breakfast with importers, exporters, and...

http://container-news.com/zanzibar-port-delays-frustrate-traders/

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