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Hong Kong logistics groups ask for rent relief
Ten Hong Kong freight and logistics organisations have issued an appeal to landlords to provide the industry with rental relief in light of the enormous negative impact of the Covid-19 outbreak on the industry. The organisations argue that the frei
HMM launches 24,000 TEU vessel
HMM held a naming ceremony for a 24,000 TEU-class containership ‘HMM Algeciras’, the world’s largest containership, at the DSME’s (Daewoo Shipbuilding & Marine Engineering) Okpo shipyard in Geoje, Korea. After being named, the Algeciras sailed to its maid
Hebei three cities blocked that influence freight because of epidemic
Hebei province closed the cities of Shijiazhuang, Xingtai and Langfang to all people and vehicles.Stronger measures have been taken to seal up and control villages and residential communities in high-risk areas in Shijiazhuang, Xingtai and Langfang, and t
Hapag-Lloyd posts profit decline
First quarter 2020 results announced by Hapag-Lloyd reveal a mixed picture with cargo volumes and revenue up, but profits down
Hamburg down 7.9% in Q1 to 31.9 Mt
Quayside container handling was off 6.6% to 2.2M TEU; container hinterland transport services remained comparatively stable, while there was a marked drop in demand for transhipment
Goods demurrage, port congestion! Multinational port fee reduction policy
Goods demurrage, port congestion! Multinational port fee reduction policy: FREEDEMURRAGE,FREE STORAGE,DETENTION,DEMURRAGE