CKYH Suspends Some Asia-Europe Calls

The four carrier members of the CKYH alliance announced plans to cut capacity on the routes from Asia to Europe and Asia to the Mediterranean, where overcapacity has been undermining the rate increases they and other carriers have implemented this year.

Maersk to Raise India-Latin America Rates

Maersk Line will seek a general rate increase on shipments from India to Latin America, effective Aug. 1.

Hapag-Lloyd Extends Europe-Asia Peak Surcharge

Hapag-Lloyd said it plans to extend a $250 per 20-foot container peak-season surcharge imposed May 1 on Europe-Asia trades through the end of August.

Evergreen to Charter 10 13,800-TEU Vessels

Taiwanese carrier Evergreen has finally embraced mega container ships, agreeing to charter 10 13,800 20-foot equivalent unit vessels ordered today at South Korea’s Hyundai Heavy Industries.

Hapag-Lloyd suspends one transatlantic string

Hapag-Lloyd said it will suspend its Atlantic Express Shuttle (AES) service "due to the current market situation" until further notice.

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