Ocean Container Shipping rates can reduce following USEC Deal
CALIFORNIA : Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called off – with ocean
Drewry WCI rises as industry anticipates ILA strike, policy changes
LONDON : The Drewry World Container Index (WCI) composite index increased by 2.68 per cent to $3,905 per 40-foot equivalent unit (FEU) on January 5, 2025, up from
SHIPPING: Union dockworkers, ports to resume negotiations ahead of 15 Jan deadline
HOUSTON : Union dockworkers and representatives for US Gulf and East Coast ports are expected to resume negotiations on a new master contract on 7 January, just more
US East Coast dockworkers, employer group to restart talks next week
WASHINGTON D.C. : The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) are set to resume contract talks on Jan. 7, according to a person
Asia-US container rates fall, but average global rates rise as possible port strike nears
HOUSTON : Rates for shipping containers from east Asia and China to the US were flat to softer in the last week while global average rates rose by
Asia-US container rates fall further; trend expected to continue post-ILA strike
HOUSTON : Rates for shipping containers from east Asia and China to the US continued to fall after a lengthy strike was averted at US Gulf and East
U.S. East Coast Dockworkers’ Strike – Key Insights for Container Traders and Leasing Companies
NEW YORK : At 12:01 a.m. on October 01, 2024, the International Longshoremen’s Association (ILA) initiated a strike that has led to the closure of U.S. East Coast
Thousands of dockworkers shut down US east coast ports in major strike
NEW JERSEY : Tens of thousands of dockworkers have gone on strike across the US East Coast, shutting down key ocean shipping routes – and raising concerns about
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
US Port strike by 45,000 dockworkers is certain to begin at midnight
NEW YORK : The union representing U.S. dockworkers has signaled that 45,000 members will walk off the job at midnight, kicking off a massive strike likely to shut