Due to the congestion at the port of Southampton, operational costs have significantly increased over the past weeks.
CMA CGM announced they will be implementing a Port Congestion Surcharge as follows:
From all Asian ports (including Japan, South East Asia & Bangladesh)
To Southampton, UK
Five major shipping corridors face distinct operational impacts through the 2026 El Niño season, according to analysis published by Sofar Ocean.
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US-Iran negotiations toward a final peace deal continue, sometimes under fire, as Iran escalates steps aimed at establishing itself as the sole authority over the Strait of Hormuz, leading to…
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