Hapag-Lloyd Atlantic Loop 5 Service (AL5) Terminal Change
Hapag-Lloyd announced that the Atlantic Loop 5 (AL5) west- and eastbound service will move from PPC Terminal in Balboa to Panama International Terminal S.A. (PSA…
Turkey seeks to restart economy with domestic flights in May
Turkey is deliberating whether to start reopening its economy with the resumption of some domestic flights as early as mid-May, officials with direct knowledge of…
Hamburg Süd: Export Correction Fee from United States and Canada
Hamburg Süd is increasing the Export Bill Of Lading (B/L) Correction Fee by $20 effective June 1, 2020. The fee will be assessed per B/L…
Low liquidity and limited available storage pushed WTI crude oil futures prices below zero
On Monday, April 20, 2020, West Texas Intermediate (WTI) crude oil front-month futures traded on the New York Mercantile Exchange (NYMEX) were priced in negative…
20 port authorities signed declaration to keep ports open to seaborne trade
The declaration, initiated by Singapore, calls for port authorities to collaborate and share best practices in ensuring that port operations can remain undisrupted.
City Union Logistics, member of XLProjects load anti-epidemic medical supplies to Moldova
City Union Logistics, member of XLProjects based in China recently completed the air charter operation of AN124 to Moldova last week, the flight departed from…
Swiss WorldCargo reinstates Cargo only destinations
Swiss WorldCargo will be operating an additional 100+ cargo only flights until the end of May.
Drewry: COVID-19 to cut shipping container fleet and slow pricing recovery
The outbreak of the coronavirus has disrupted container supply chains around the world and depressed the demand for vessels and boxes. It will lead to…
Port NOLA Board of Commissioners Adopts PIER Plan
The Port NOLA Board of Commissioners has adopted the Port Inner Harbor Economic Revitalization Plan (PIER Plan)
MSC GRI postponed for from Middle East / ISC to USA
Postponed to May 1st, 2020
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