LONDON : For many years, World Container Index has been the go-to, independent, global reference for index-linked contracts. Drewry’s World Container Index increased 10% to $2,508 per 40ft
KOCHI : A Liberian container vessel MSC ELSA 3 (IMO NO. 9123221) sank off the Kochi coast at around 0750 hrs today on May 25, 2025, due to
LONDON : Port congestion across key Northern European hubs is intensifying, with Bremerhaven particularly affected by labour shortages during the recent holiday period. Compounding the situation, low water
LONDON : Asia-US rates for shipping containers rose this week, leading ocean carriers to rush to ramp up capacity to handle an expected surge in bookings. Rates from
NEW YORK : The US Trade Representative (USTR) has announced additional port fees on foreign vessels and marine equipment that mainly target Chinese shipping, which are set to
OSLO : “Fear and uncertainty is a powerful force in global supply chains and we are seeing this clearly as shippers fight to get their goods moving after
OSLO : 10 days ago on 11 May, businesses were caught in a tariff limbo amid dramatic decreases in container shipping demand on the major trade from China
RIO DE JANEIRO : Wilson Sons, recognized for its extensive experience of more than 187 years, obtained, through Rio Grande Container Terminal (RS), a certification that proves the
LONDON : The liner industry woke up to positive news last week, that the US and China have come to an agreement to significantly lower their tariffs against
AMSTERDAM : Digital Container Shipping Association (DCSA) announces a first successful standards-based, interoperable electronic Bill of Lading (eBL) transaction. This milestone achievement was made possible through collaboration with