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RCL launches new Asean to Gulf Service

Thursday May 26th 2022

The following release was published by Regional Container Line (RCL): RCL with its partners Emirates Shipping Lines (ESL), China United Lines (CU Lines) and Global Feeder Shipping (GFS) are pleased to introduce a weekly service connecting Southeast Asia, Middle East and Western India. Branded as the ‘RGA’, the service will call at Ho Chi Minh, Laem Chabang, Port […]

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Container Dwell Fee likely to be implemented soon, says Maersk

Thursday May 26th 2022

“The likelihood of the “Container Dwell Fee” being implemented has risen significantly this month, according to A.P. Moller – Maersk (Maersk).” See the original story at Port Technology. Source: Port Technology (JK)

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Suez Canal Authority expects 27% spike in annual revenues

Thursday May 26th 2022

“Egypt expects Suez Canal revenues to hit $7bn in the 2021-22 financial year, ending on June 30, up 27% from $5.5bn in the last year, Finance Minister Mohamed Maait said on Saturday.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

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Carriers’ golden summer may be turning into autumn as profits plateau

Thursday May 26th 2022

“There was another new record for ocean carrier earnings in Q1, but with operating costs spiralling and spot rates starting to head south, liner profitability may have plateaued.” See the original story at The Loadstar. Source: The Loadstar (JK)

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