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MISC to see better rates
Monday, 09 April 2012 01:23
miscThe daily returns for very large crude carriers (VLCCs) in the benchmark Saudi Arabia-to-Asia route soared to a 13-month high of US$41,093 which was spurred by strong demands from China.
Apart from higher demand, some of the positive drivers were the return of the Libyan barrels. This has a positive impact on the Aframax and Suexmax markets. However. it built up tensions in Iran as oil was sourced elsewhere, thus lengthening voyages and adding cost savings to the tonne-mile balance.
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CMA CGM awarded two prizes for excellent customer service
Friday, 30 March 2012 02:17

cmaQuality of service and innovation are at the heart of CMA CGM’s strategy as the world’s third largest container shipping group. The ongoing commitment of the company’s teams to meet this daily challenge is recognised and rewarded by the customers themselves.

Indeed the Group has just received two prestigious awards: on 9 March it was named “International Carrier of the Year” for the second year running by one of its major customers, ASDA, an English subsidiary of the American retail giant WALMART, and on

Last Updated on Monday, 09 April 2012 01:37
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MSC Imposes Equipment Surcharge in Europe-Asia Trade
Thursday, 29 March 2012 08:15

mscMediterranean Shipping Co is imposing an “equipment imbalance“ surcharge and “no-show” penalties on the North Europe-Asia route after rival Maersk Line stopped taking cargo bookings on eastbound sailings last week. 

Last Updated on Friday, 30 March 2012 02:40
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