In India, the monsoon season brings four months of continuous rain, transforming the landscape and disrupting the flow of goods. While a blessing for some, it poses significant logistical challenges for many. The impact of the monsoon season on cargo varies by region, with some areas experiencing more severe disruptions than others. Logistics Impact Increased…
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Hapag-Lloyd and CMA CGM—two key market players who jointly led the prominent service network INDAMEX & INDAMEX 2 between India West Coast and the United States East Coast (USEC) for decades—are now withdrawing from the network and dismantling the service strings. Hapag-Lloyd TPI Service Hapag-Lloyd has announced the immediate discontinuation of INDAMEX 2 (IN2) but…
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The FMC has issued a final rule for demurrage and detention billing requirements, effective as of May 28, 2024. This ruling is in accordance with the Ocean Shipping Reform Act (OSRA’22) and requires common carriers and marine terminal operators to include specific minimum information on demurrage and detention invoices, amongst other changes. Notable Takeaways The…
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North American retailers and manufacturers are shifting their focus to India, as the country works to solidify its position as a trade alternative to China. For nearly a decade, India has made strides towards making itself attractive to foreign trade and investment. In March of 2024, a new policy was approved to lower customs duty…
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In May 2024, both Ocean Network Express (ONE) and Hyundai (HMM) will initiate direct services that connect India’s West Coast and the United States East Coast (USEC). These steamship lines are looking to further enhance services and make their presence known on India's US trade lane. This service will increase capacity, providing more options and…
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Ongoing logistical challenges surrounding the Red Sea and Panama Canal has supply chain professionals considering alternate solutions—which include nearshoring. This concept has already existed for more than a decade but now it’s trending. When COVID-19 shut down manufacturing operations in several countries, shippers who relied on sourcing from China found themselves dealing with shortages, congestion,…
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In the latest Liner Shipping Connectivity Index (LSCI) recorded by the United Nations Conference on Trade and Development, Sri Lanka overtook Saudi Arabia as the 3rd best-connected country in the Middle East and Indian subcontinent. The country moved up two spots becoming the 22nd best-connected country in the world. The LSCI can be considered…
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Mediterranean Shipping Company S.A. (MSC) India initiates a new service beginning this month. The feeder shuttle service links Paradip, a major gateway on India’s east coast state of Odisha with a major transship port in Asia, Colombo, and Sri Lanka. From there, the containers will be put on its mainline vessels and hauled to final…
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A final rule was issued by the Federal Maritime Commission (FMC) with an effective date of May 26. The rule institutes new requirements for how ocean carriers and marine terminal operators (MTOs) must bill for demurrage and detention charges. “The inclusion of Marine Terminal Operators in the rule will make billing practices more uniform across…
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The U.S. Federal Maritime Commission (FMC) issued a ruling on February 13, which orders ocean carriers to cease requiring cargo owners and their truckers to use specific chassis on port-to-port shipments. This ruling validates the 2023 chassis choice initial decision, in which Erin Wirth, FMC Chief Administrative Law Judge, determined that exclusive agreements between ocean…
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