Hapag-Lloyd has announced a steep hike in its “war risk surcharge” on all cargo moving to and from ports in Libya. The new surcharge is $250 per 20-foot equivalent unit, up from $85 per TEU imposed earlier. The revision is slated to take effect June 30 on all non-U.S. trade routes, and Aug. 1 for the U.S.-related trades.
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On its way to develop alternative energy-sources for greener aviation, Airbus is also supporting basic research activities for electric aircraft concepts “eGenius”... more ...