Struggle underway to unload ships, remove cargo from ports amid US East and Gulf Coast Port strike
NEW YORK : A crippling strike at US East and Gulf coast ports is just hours away, spurring a last-minute race to get as many containers off ships and onto terminals as possible, and
Freigt rates surge in FEU and TEU container market spreads key considerations for shippers
OSLO : Spiralling ocean container shipping freight rates dominate discussion in the wake of major events such as the Red Sea conflict – but beneath these easy-to-observe headline figures lie many layers of complex
Massive US dockworker strike could throw global supply chains into crisis next week
SYDNEY : Australia could be hit by disruptions from a severe global supply chain crisis, which looks likely to kick-off next Tuesday (01 October 2024). We might see a global shortage of shipping capacity
Container Shipping Market Overview & Outlook September 2024
LONDON : The disruption caused by ships being rerouted via the Cape of Good Hope remains the key ship demand driver. As a result, ship demand is forecast to grow three times faster than
Container XChange issues Customer Advisory Update of nearing U.S. Port Strike
HAMBURG : As the October 1 deadline for a potential Port strike of U.S. East Coast port nears, industries across the nation are bracing for significant disruptions. The labor impasse between the International Longshoremen’s
Port of Rotterdam’s Secure Chain handles 500,000th import container
ROTTERDAM : The Port of Rotterdam’s Secure Chain has handled the 500,000th import container. The new operational approach is now standard practice in Rotterdam for all import containers from Latin America (since 1 April) and North America (since
KR Grants Approval in Principle to Samsung Heavy Industries for 9,300 TEU Ammonia-Fueled Container Ship
HOUSTON : At GASTECH 2024, KR (Korean Register) announced that it has awarded an Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for their “9,300 TEU Ammonia-Fueled Container Ship”. As the global maritime
Freight Costs, Container shortages threaten India’s exports: GTRI
NEW DELHI : Increasing freight costs, shortage of containers and dependence on major shipping hubs and foreign carriers pose serious challenges to the country’s exports, think tank GTRI said on Sunday. To address these