COPENHAGEN : Spot rates have experienced a continuous decline over the past several months. In response, shipping lines face two possible strategies. One option is to increase blank sailings, reducing supply and halting the
HAMBURG : After a tumultuous few weeks in the wake of the Red Sea crisis, some form of stability has ensued with the round-Africa routings now normalising. “This was also reflected in the February
HONG KONG : Recent service networks released by the container shipping alliances reveal a noticeable trend that majority shipping lines are rapidly scaling back their presence in Hong Kong along East-West shipping routes. Gemini’s
COPENHAGEN : Following Sea-Intelligence‘s previous announcement on 21 March, which provided insights into the fiscal year 2023 results, the data analysis firm now delves into the operating profit specifically for the fourth quarter of
COPENHAGEN : In 2023, all ocean carriers saw sharp year-on-year declines in their revenues, ranging between 46.6% and 62.6%, according to the latest Sea-Intelligence report. The Danish maritime data analysis firm noted that the
COPENHAGEN : Sea-Intelligence has released the 150th edition of the Global Liner Performance (GLP) report, featuring schedule reliability data up to and including January 2024. Amidst the ongoing Red Sea crisis, global schedule reliability
COPENHAGEN : Utilizing data from Container Trade Statistics (CTS) on the movement of full containers between regions, Sea-Intelligence estimated the corresponding trends in empty container movements. Empty container volumes, when compared to 2019 levels
COPENHAGEN : Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and covering schedule reliability across 34 different trade lanes
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are changing daily. The transit times will
COPENHAGEN : Global schedule reliability has declined by 2.5 month-over-month (MoM) in November 2023 to 61.9 per cent. According to Sea-Intelligence’s issue 148 of the Global Liner Performance (GLP) report, on a year-over-year (YoY)