VCFI continues to rise in February and grows by 6.83%
The Valencia Containerized Freight Index (VCFI) has registered in February an increase of 6.83% over the previous month and stands at 1,678.60 points, the highest…
Standard gate hours at Ports of Los Angeles and Long Beach
Marine terminal operators and the ILWU have reached an agreement to return to standard gate hours at the Ports of Los Angeles and Long Beach,…
CMA CGM reefer additional from Europe & the Mediterranean to the French West Indies, French Guiana, St Martin & St Barthelemy
Considering the current demand in Reefer equipment, and in order to meet this demand, CMA CGM is to update the Reefer additional as follows:
Handysize 38kt time charter average FFA is ‘perfect timing’
Forward freight agreement (FFA) trades for a basket of 38,000-dwt handysize time charter rates will help operators take longer-term cover with less risk, says leading…
Export boom drives Canada’s largest trade surplus since 2014
Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports.
Virgin Galactic chairman sells $213 million stake
Chamath Palihapitiya, the billionaire investor who has helped drive the frenzied growth of blank-check companies, sold his personal holding in the space-tourism company founded by…
Boeing’s 737 Max return gathers pace with 100 planes back in sky
The number of Boeing Co. 737 Max jets back in service has now topped 100 as airlines in the U.S., Brazil and Europe add more…
Lufthansa pivots to U.K. to profit from faster vaccine progress
Deutsche Lufthansa AG is seeking to profit from the U.K.’s plans to exit lockdown, with its Eurowings subsidiary to offer flights from the U.K. to…
France backs Italy’s decision to block AstraZeneca exports
France backed Italy’s decision to halt a shipment of AstraZeneca Plc’s coronavirus shots to Australia as tensions escalate over global supplies of the vaccines, signaling…
Oil tanker owners drop in wake of shock move by OPEC+
OPEC+’s surprise move to keep a lid on crude exports is hitting oil tanker owners afresh.
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