Box lines in legal battle with South Korea’s antitrust body over fines
More than 20 liner operators look set for a protracted legal battle with the Korea ...
Chinese regulators are investigating as yet unnamed shipping carriers into “alleged double charges on imports and exports and other illegal fees”, with some seven different government departments ordered to look into the allegations, which have been made by “foreign trade firms”. This report specifically quotes terminal handling charges, with lines now levying a $188 fee per lift at Chinese container terminals, a level which would appear to be way above the industry averages – a typical lift in a European box terminal would be at least half that level, if not less.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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