Author Archives: 20Cube

Box Lines readied for price hikes in August to pause Asia-US West Coast rate slide

Mainline operators are planning a price increase for Asia-US West Coast rates in mid-August to counteract the recent decline. Carriers have announced a…
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Turkey set to close EU loophole with its own emissions trading scheme

Turkey is advancing its carbon pricing system, similar to the EU Emissions Trading System (ETS), which will prevent shipowners from using Turkish ports…
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Supply chain logjam ease as market balance returns

Freight forwarder Dimerco reports that the Purchase Managers' Index (PMI) held steady at 50.9, indicating growth. However, S&P Global Market Intelligence noted a…
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Panama Canal introduces new booking system for large vessels

The Transit Booking System updates were announced through an Advisory to Shipping. Currently, transit slots are offered daily in advance of the required…
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