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 ...
The Global Shippers Forum is calling for a new global campaign to help stamp out “unsubstantiated shipping surcharges” and other local charges. The association wants regulatory bodies worldwide to introduce new regulations and laws to stop what it calls “anti-competitive practices”. Sri Lanka has recently introduced laws preventing additional charges – and seen a 31% fall in logistics costs in one case. GSF claims that charges amount to a trade barrier and are particularly acute in Africa, Asia and South America.
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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