German car production drops to 23-year low on waning exports
German car production fell to its lowest in almost a quarter of a century as Europe’s biggest economy suffers from the fallout of a global…
Energy commodity prices rose more than other goods in 2019
The energy portion of the S&P Goldman Sachs Commodity Index (GSCI) ended 2019 22% higher than it began the year. Price indexes for other commodity…
CMA CGM announces port congestion surcharge in Libya
Considering the current increasing congestion in Libya at the ports of Benghazi and El Khoms, CMA CGM will apply the following Port Congestion Surcharge with…
Hapag-Lloyd announces revised fuel surcharge for France
Effective January 1, 2020 Hapag-Lloyd revised the Fuel Surcharge for Inland Haulage under Carrier arrangement from/to France
Hapag-Lloyd announces revised local charges for Lithuania
Effective February 1, 2020 Hapag-Lloyd will revise following local charges / service fees in Lithuania
ShipServ appoints Henrik Hyldahn as CEO
Hyldahn to drive new era of growth for ShipServ. Current CEO Kim Skaarup appointed Vice Chairman
The SMS Group completes another major aggregates refit
A leading UK ship repairer has completed a significant dredger refit in the port of Southampton for Tarmac Marine.
Boeing plans fundraising as 737 Max crisis drags on, Dow Jones says
Boeing Co. fell in early trading on reports that the company is weighing a move to raise more debt following the grounding of its 737…
New Signal Maritime and Heidmar partnership
Signal Maritime Services Ltd. and Heidmar Inc. join forces to deliver high-performance commercial management to the global tanker market
CMA CGM FAK rates from Gulf ports to N Europe, N Africa and Mediterranean ports
The new applicable CMA CGM Freight All Kinds (FAK) rates as follows as from January 16th, 2020 (date of loading in the origin ports) until…
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