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International Maritime

CMA CGM Suspends Container Freight Rates Hike

As container freight rates continue to climb to stratospheric levels CMA CGM has made the decision to suspend all spot rate increases until 1 February 2022. CMA CGM said it was suspending spot rate increases to prioritise…

Covid-19: Ningbo-Zhoushan Resumes Port Operations

Operational activities has gradually  restarted at Ningbo-Zhoushan port complex, one of China's largest container terminals. The Chinese container terminal closed two weeks ago after a worker tested positive for COVID-19…

Attacks On Ships At Anchorage Heightened In Manila Bay

There are growing cases of attacks on  crew aboard vessels at berth in Manila seaport, even as valuable items and working tools are being carted away by perpetrators. The latest incidents as at August 13th 2021 has bring the total number…

BIMCO: China Iron Ore Imports Hit 14-Month Low

The Baltic and International Maritime Council (BIMCO) has disclosed that China’s iron ore imports dropped t. 88.5m tonnes in July, the lowest level since May 2020. The July lull comes as volumes have consistently fallen from a March peak…