Container shipping rates from Asia to Europe could be lifted in the second half of 1999 as millennium-related imports put an extra squeeze on limited ship space. In fact, carriers may introduce a temporary rates surcharge on westbound sailings during the peak second half period.
Related News
06 Jan 2026
Kawasaki Heavy Industries to Build World's Largest Liquefied Hydrogen Carrier
Kawasaki Heavy Industries and Japan Suiso Energy have signed a contract to build the world’s largest liquefied hydrogen carrier…
05 Jan 2026
Chevron Resumes Exports of Venezuelan Oil to US fter Four-Day Pause
An oil tanker chartered by U.S. Chevron carrying some 300,000 barrels of Venezuelan heavy crude bound for the U.S. Gulf Coast…
05 Jan 2026
W2W Vessl Acta Pegasus Delivered
Acta Pegasus was delivered to Acta Marine, its fourth Walk-to-Work (W2W) vessel, a DP2 Construction Service Operation Vessel…
02 Jan 2026
Japan Tests Deep Seabed Mining of Rare-Earth Mud
Japan will conduct test mining of rare-earth-rich mud from the deep seabed off Minamitori Island, some 1,900 kilometres (1…