Air Freight News
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Valencia Containerised Freight Index (VCFI) rises 4.09% in March
After falling in February, the Index returns to the upward trend of recent months marked by supply chain disruptions and the complex international environment
MOL PLUS to invest in wind condition solution provider Metro Weather
Realizing social implementation of a solution for wind condition observation/forecasting
Indian Register of Shipping leads push for improved inland waterway safety through integrated IV Rules
Indian Register of Shipping is continuing its drive to improve inland vessel safety throughout India, having played an integral role in the drafting of the…
Commerce Department expands restrictions on exports to Russia and Belarus
The Department of Commerce, through the Bureau of Industry and Security (BIS), is issuing a final rule that expands its highly restrictive controls on the…
MSC EOS from Novorossivsk to USA and San Juan, Puerto Rico effective May 7th, 2022
Due to operational constrains and to keep granting the service, MSC will increase the Emergency Operational Surcharge (E.O.S.) for all equipment types
Commerce announces addition of Iceland, Liechtenstein, Norway, and Switzerland to global export controls coalition
This latest action expands and enhances global coalition standing with the Ukrainian people against Russian aggression
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San Pedro Bay ports to revisit ‘Container Dwell Fee’ on April 15
Los Angeles, Long Beach continue to monitor cargo flow
Russian oil exports are forced on longer voyages to find buyers
Russia’s crude oil exports, a key source of revenue for Vladimir Putin’s regime, are showing no signs that they are starting to crumble amid the…
European natural gas declines with flows from Russia stable
Benchmark European natural gas prices declined for a seventh consecutive session, with Russian flows to the continent continuing while the war in Ukraine grinds on.
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China’s Covid outbreak worsens as Shanghai cases top 26,000
China’s largest Covid-19 outbreak in two years continues to spread despite an extended lockdown of Shanghai’s 25 million people, with the restrictions weighing on a…