SHANGHAI : A shortage of slots on container vessels leaving China, which has caused a surge in freight rates, is unlikely to ease in the coming few months because global shipping giants have no
LONDON : Fears over a shortage of capacity have continued to push up container freight rates over the past week, hitting levels only previously seen during the pandemic. Drewry’s World Container Index (WCI) was
CHARLESTON : A major bridge in Charleston, South Carolina, was temporarily closed on Wednesday afternoon after a crew lost control of a large container ship after it left port. The U.S. Coast Guard was
LIMMASOL : Tototheo Global and Neuron have announced an agreement to deploy Neuron’s AI-powered quality of experience (QoE) management platform to vessels contracted to Tototheo. Through this partnership, Tototheo Global and Neuron will address
SINGAPORE : Green ammonia from a 200,000-metric tonne per annum plant to be built by a Singapore Group in India will be exported to Japan under an agreement signed here on Thursday. Sembcorp Green
YUNLIN: Jumbo Offshore has completed the removal of two monopiles on the Offshore Wind Farm (OWF) Yunlin in Taiwan. The Jumbo Offshore crew reliably carried out the work, whilst deploying its DP2 Heavy Lift
SINGAPORE : Container xChange, a leading player in the global container shipping market, released its June market forecaster report, showing a significant 45% surge in container prices in China in May, while prices in the
International Supply Chain Professionals Day 2024 on June 7 is an initiative of e2open, which celebrates all the workers who make the supply chain possible. This holiday goes far beyond truck drivers and container ship captains.
GUANGZHOU : The ReCAAP Information Sharing Centre (ISC), in cooperation with its China Focal Point, the China Maritime Search and Rescue Coordination Center (Beijing), has concluded a Capacity Building Workshop (CBW) from 3
LONDON : The charter owners’ container fleet has grown at an average annual rate of 3.2% for the past twelve years and currently stands at 11.7m TEU. The operator owners’ fleet has however grown