Africa

Africa

Ocean carrier rate revision roundup for Aug. 29
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
27 May 2014
APM Terminals is to expand capacity at its container terminal in Georgia’s Poti Sea Port by nearly 70 percent to keep pace with rapid traffic growth in the Black Sea region and to accommodate larger vessels.
Ocean Carrier Rate Revision Roundup for May 16
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
08 May 2014
MOL Liner, Evergreen Line and Cosco Container Lines plan to launch a direct weekly service from Asia to West Africa in June.
07 May 2014
Recent changes in the Asia-West Africa lane have resulted in increased capacity, putting further pressure on freight rates.
Ocean Carrier Rate Revision Roundup for May 2
02 May 2014
Several carriers have planned general rate increases in multiple trade lanes in May and June, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
02 May 2014
The International Maritime Bureau reported the lowest first-quarter level of global piracy attacks this year since 2007, although the agency warned that the threat of piracy is still present.
24 Apr 2014
Multipurpose ocean carrier NileDutch and Singapore-based Pacific International Lines have reached a vessel-sharing agreement to jointly operate a new container service between Asia and West Africa, starting in mid-May.
21 Apr 2014
Mediterranean Shipping Co. has announced the launch of a new container service between Asia and West Africa, starting at the end of this month.
Ocean Carrier Rate Revision Roundup for April 18
18 Apr 2014
Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
Ocean Carrier Rate Revision Roundup for April 11
11 Apr 2014
Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.