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Freight Rate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BBCNEWS World July 5, 2024

as the one which broke off an alaska airlines plane on friday. the air carrier says the disruption is likely to continue into the coming week. this comes just 4 years after all 737 maxes were grounded following two fatal crashes in indonesia and ethiopia. since the plane has came back into service, there have been a number of high profile problems with the programme, including electrical faults and quality control issues. so how much of a wake up call is this for boeing? let s speak to jane foley, head of fx strategy at rabobank. good morning to you. more problems for boeing, more problems for boeing, more problems with regards with the max fleet. talk us through the implications. implications. first of all, the airlines involved implications. first of all, the airlines involved in implications. first of all, the airlines involved in the - implications. first of all, the airlines involved in the awfuli airlines involved in the awful deadly crashes a few years ago were ma

ZIM Integrated Shipping Services: Not A Binary Outcome (NYSE:ZIM)

ZIM Integrated Shipping Services: Not A Binary Outcome (NYSE:ZIM)
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Kolkata port: Exports from Kolkata port may be hit due to soaring freight rate, rice ban, geopolitical turmoil

Exports from Kolkata port, a key gateway to eastern India, are facing challenges such as geopolitical tensions, a government-imposed rice export ban, and soaring ocean freight costs. Key export items like engineering goods, shrimp, and rice have been impacted. Freight charges, especially for West Coast destinations, have surged by 30-50% since December 2023 due to the conflict in the Red Sea, leading to rerouting of vessels.

Container lines scramble to rent more ships amid Red Sea crisis

Houthi attacks have been a plus for shipping rates. The latest to benefit: Owners of container vessels that can be rented to shipping lines. The post Container lines ‘scramble’ to rent more ships amid Red Sea crisis appeared first on FreightWaves.

BBCNEWS World Business Report June 4, 2024 05:39:00

different ship times. - suez canal? it is different for different ship times. a - suez canal? it is different for different ship times. a 2096 l different ship times. a 20% drop in terms of traffic going through the red sea on the suez canal but that is exclusively driven by container ships and maersk have gone back the long way along with everybody else, adding 12 days to a journey to europe, 3500 nautical miles. probably doubling the freight rate. that calculation, financially it benefits them to do this right now. but we have not seen the same calculation from tankers, for example. they have not been targeted as much. we have seen general cargo carriers also not move. the majority of shipment is still going through the red sea. it is a daily calculation of risk versus cost. we may see a different calculation be made. it is wait and see and hard to

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