Port congestion cascades into intra-Asia services, disrupting container traffic
SINGAPORE : The global cascading effect of port congestion is playing havoc with intra-Asia trade lanes, with large amounts of cargo stuck at transhipment hubs in the south-east. According to Peter Sundara, global head
Wan Hai reassigns ships from congested US west coast to intra-Asia routes
TAIWAN : Wan Hai Lines has begun diverting ships from its Asia-US west coast service to its core intra-Asia services after severe congestion in Californian ports affected its sailing schedules. Announcing Wan Hai’s financial
Chassis and carrier terminal ownership worsen US congestion
Interlocking terminal-carrier ownerships coupled with cartel-like conditions in the container chassis market have emerged as prime suspects for the US supply chain crisis. “There is a sort of ‘wink and nod’ situation,” says a
US import rates poised for rebound as congestion worsens
All-inclusive container shipping rates from North Asia to North America are increasingly likely to rebound in November as port congestion and supply chain gridlock countered other bearish indicators. The October downturn in trans-Pacific eastbound
Maersk ready to confront supply chain challenges and propose solutions
CHARLESTON : Speaking on a panel at the South Atlantic International Trade Conference Maersk North America Regional Managing Director, Narin Phol discussed the nation’s current supply chain challenges and ways forward. The U.S. consumer drives the
Sea-Intelligence: Two of Every Three Containership is Behind Schedule
COPENHAGEN : Global port congestion and backlogs continue to play havoc on liner schedules. According to new data from Sea-Intelligence schedule reliability remains at the low end of the range seen in 2021. In
Maersk, MSC and Zim omit Seattle calls due to congestion
SEATTLE : With congestion spreading to other ports across the United States, Maersk, MSC, and Zim announced that they will be omitting calls in Seattle due to the mounting delays at the port. Starting
Singapore opens mega-port storage early to ease container bottlenecks
Singapore’s new mega-port is just months away from full operations, but it has opened its storage area early to help alleviate the supply chain bottlenecks plaguing container shipping. Congestion has caused ships to arrive