Author Archives: 20Cube

US FMC recommends new demurrage and detention billing requests

The US FMC (Federal Maritime Commission) is recommending a new rule that will bring more clarity, and structure to the detention and demurrage…
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HSBC reports: Container transport to hit bottom in mid-2023

The sharp decline in container shipping’s fortunes at the start of September was flagged by Parash Jain, Head of Shipping & Ports &…
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Shell and Hyundai Heavy partner on inventive fuel cell project

Shell and Hyundai Heavy Industries have joined hands to work on fuel cell research and development to provide fuel cells for ships with…
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Container lines offer better contract deals as spot rates slide

The shipping liners (sea) are proposing improved terms on the long-term market as the spread amid spot charges and contact charges hits fresh…
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