Record 79 containerships queued at Los Angeles & Long Beach ports
The number of containerships waiting in San Pedro Bay to berth at the ports of Los Angeles and Long Beach has surged to a new all-time high of 79. CALIFORNIA : According to the
China – US West Coast transit more than doubles to 36 days
SHANGHAI : With vessels queued outside Californian ports for weeks the average transit time from China to the US West Coast have more than doubled. The average transit time from major Chinese ports to
Why Christmas could be stuck in a shipping container
Christmas for millions would not be possible without China: many of the presents found under festive trees around the world are made in the manufacturing powerhouse. But for weeks now, there has been increased
Britain’s biggest container port so congested it’s considering turning ships away
FELIXSTOWE : Britain’s biggest container port is struggling to cope with the volume of cargo passing through it with just 10 weeks to go until Christmas. It’s peak season at Port of Felixstowe and
Hapag-Lloyd CEO: ‘We are probably in the peak of the problems’
HAMBURG : Congested ports. Clogged supply chains. Capacity shortages. Much of Hapag-Lloyd CEO Rolf Habben Jansen’s third-quarter overview had a familiar refrain, one likely to be heard again after the fourth quarter. But there
Biden administration pushing shippers, carriers to expand operating hours
NEW YORK : Big-box retailers and their rail- and truck-carrier partners are the next targets of a more round-the-clock operating regime being coordinated by the Biden administration to help solve the supply chain capacity
Baltic index extends rally as capesize benchmark breaches 10,000 points
The Baltic Exchange’s main dry bulk sea freight index extended its rally as robust demand and port congestion propelled the capesize index above 10,000 points for the first time in more than 13 years.
12.5% of the global capacity now unavailable, possible decongestion in late 2022
COPENHAGEN : Sea-Intelligence has published a report to gauge the impact that congestion and vessel delays have had on the global deployed liner capacity, showing that 12.5% of the global capacity is currently unavailable.