Amid rising antagonism against carriers over skyrocketing freight rates, shipping major CMA CGM announced yesterday that it would stop all spot rate increases with immediate effect (September 9) to February 1, 2022. The Group has said it is prioritising its long-term...
Carriers’ inordinately high freight rates once again topped the agenda at the fifth biennial meeting of the Global Regulatory Summit convened to discuss competition issues related to the shipping industry. Federal Maritime Commission chairman Daniel B Maffei joined...
Recent Comments