NETWORK NEWS

Catch up on the latest developments and announcements from FPS Group

News


1:14am 14th May 2021
Rollover rates for container ports, lines continue rising in April

Rollover rates at container ports and for lines continued to worsen in April this year according to project44.As congestion and delays continue to plague ports and container shipping project44 said so...

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4:17am 13th May 2021
Maersk expands its footprint in Vietnam to keep pace with trade boom

As import and export demand surges, Maersk has expanded its warehousing footprint in Vietnam.The company has opened two new contract logistics facilit...

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12:39am 7th May 2021
At least two more years of freight rate pain for shippers as carriers 'cash in'

The maritime consultant predicts average rates – a blend of spot, contract, backhaul and regional trade rates – will increase about 23% this year;...

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1:54am 4th May 2021
Shipping during COVID-19: Why container freight rates have surged

When the Ever Given mega-ship blocked traffic in the Suez Canal for almost a week in March, it triggered a new surge in container spot freight rates, ...

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4:09am 30th April 2021
The joint alliance between FPS Group and Gateway Group

Gateway Container Line Philippines Inc....

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12:17am 28th April 2021
SCFI hits new record high

The Shanghai Containerized Freight Index (SCFI) – the benchmark liner spot reference – hit a new all-time record on Friday of 2,980 points, up 5.2...

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1:38am 26th April 2021
Box troubles still hitting forwarders in China and India as prices keep rising

As container prices in China and India continue to surge, local forwarders are “busier than ever” trying to secure space.Leasing platform Containe...

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5:14am 23rd April 2021
The Suez Canal Puzzle – Pulling the Pieces Together

[By Mikael Lind, Research Institutes of Sweden (RISE) and Chalmers University of Technology, Wolfgang Lehmacher, Anchor Group, Lars Jensen, SeaIntelli...

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