Monthly Archives: July 2018


Carriers announce price rises as peak season looms and rates falter

Container shipping freight rates in the major east-west trades look set to decline next week, according to today’s Shanghai Containerised Freight Index (SCFI). The index, which shows rates quoted for the forthcoming week, shows them ticking down on the China-North Europe, China-Mediterranean, transpacific and China-US east coast routes. The past few weeks have been better for carriers, [...]

2018-08-06T08:18:53+00:0030 July 2018|

Longshoremen reach tentative deal in New York

The International Longshoremen’s Association (ILA) and employers represented by the New York Shipping Association (NYSA) said Tuesday they have reached tentative agreement on a six-year local contract for the Port of New York and New Jersey. The deal follows a tentative agreement on a six-year master contract that was reached last month by the ILA and United [...]

2018-07-11T12:42:36+00:0011 July 2018|

Strikes at Genoa port from July 12 to July 17

A strike has been declared at Genoa port due to the long waiting time to pick up empty containers and deliver full containers. Genoa port authorities have promised to improve the terminal handling, but the situation is becoming more critical with trucks in queue for hours before loading/discharging. This issue has majorly affected day to [...]

2018-07-12T15:42:49+00:0010 July 2018|