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FMC demands more rate, capacity information from container shipping alliances

FMC demands more rate, capacity information from container shipping alliances

The US Federal Maritime Commission (FMC) is demanding more information and pricing from the largest container shipping alliances accused of profiteering from the supply chain crunch. New monitoring requirements from the US regulator will see 2M, Ocean Alliance, and The Alliance, being mandated to provide the FMC’s Bureau of Trade Analysis (BTA) with insight into pricing of individual trade lanes and…

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Swire Shipping claims fastest service linking Vietnam and US

Swire Shipping claims fastest service linking Vietnam and US

Singapore-based liner operator Swire Shipping has launched what it claims is the market’s fastest port-to-port service for voyages between Ho Chi Minh city in Vietnam and Seattle in Washington with a transit time of between 16 and 18 days. The service, with priority berthing secured at both Seattle and Vietnam, has been launched exclusively in partnership with a top 20…

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