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23 shippers sanctioned for price-fixing in South Korea

23 shippers sanctioned for price-fixing in South Korea
South Korea’s antitrust watchdog has fined 23 domestic and foreign shippers a combined 96.2 billion won (US$80.84 million) for price-fixing. Among these were three Taiwanese container shippers: Evergreen Marine Corp, […]
Wed 26/01/2022 by Richard Wilkinson

Maersk to open distribution facility in UAE

Maersk to open distribution facility in UAE
Shipping company Maersk Kanoo UAE has signed an agreement with DP World’s trade and logistics hub, Jebel Ali Free Zone (Jafza) to launch its first warehousing and distribution facility in […]
Tue 28/09/2021 by Richard Wilkinson
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Major congestion at California’s busiest ports

Major congestion at California’s busiest ports
As the world’s supply chains buckle under the pressure of container and labour shortages, a record number of freight ships are currently stuck awaiting entry into California’s two largest ports, […]
Mon 06/09/2021 by Richard Wilkinson

Singapore suffers record congestion

Singapore suffers record congestion
The global shipping crisis is worsening, as shipping hubs are seeing high levels of congestion, with containers piling up. Last Monday, the backlog at Singapore was 22% above normal, with […]
Mon 08/11/2021 by Richard Wilkinson
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