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20Cube Updates… Freshly Served

Nhava Sheva container transport operators to suspend operations from August 20

Container transport operators at Nhava Sheva in Maharashtra have announced a voluntary suspension of vehicle operations starting August 20, 2024.…
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China’s COSCO Shipping signs agreement with Fortescue to develop green fuel supply chain

China’s COSCO Shipping Corporation has entered into a preliminary agreement with Australia’s Fortescue (FMG.AX) to collaborate on developing a green…
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Bangladesh apparel exporters face time-sensitive disruptions amid freight congestion and fare hikes

Bangladeshi apparel exporters are grappling with severe disruptions in their shipping processes, both by air and sea, due to recent…
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Supply chain turmoil grips Bangladesh due to political stability

Supply chain disruptions in Bangladesh, the world’s third-largest clothing exporter, have led to the longest berthing delays globally. Approximately 50…
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CMA CGM announces rate restoration initiative for North Europe to US routes

Container line CMA CGM has announced the implementation of its Rate Restoration Initiative 5 (RRI05) starting August 15. This initiative…
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IMO’s EEXI and CII regulations drive maritime emissions reduction

The International Maritime Organization (IMO) began enforcing the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) regulations…
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