Maersk faces significant port congestion in Asia and Mediterranean
OSLO : Maersk faces significant terminal congestion in Mediterranean and Asian ports, causing substantial delays in its vessel schedule, the Danish Shipping Group said in a statement on Monday. As a result of that
Panama Canal slowly returning to normal operations
PANAMA CITY : The increase in water levels in the Panama Canal has sparked hopes of a potential return to normal operations for container shipping after over a year of restrictions due to a
Houthi attacks in Red Sea: Shipping diversions spewing carbon emissions of 9 million cars
NEW YORK : Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tonnes of carbon, making it tougher for companies using ocean freight to
Baltimore bridge collapse has not triggered an increase in ocean freight shipping rates : Xeneta
OSLO : The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not seen an increase in ocean freight
Red Sea shipping diversions are boosting airfreight volumes and rates
OSLO : Retailers and manufacturers are flying more goods around the shipping crisis in the Red Sea, industry experts say, helping boost international airfreight operators after a long period of sagging cargo volumes. The
Baltimore bridge collapse could cause significant supply chain disruption
BALTIMORE : The Francis Scott Key Bridge in Baltimore collapsed after being struck by the 10,000 TEU container vessel Dali, deployed on 2M Alliance’s Far East – US East Coast service. While Baltimore is not one
Massive increase in container shipping imports from China into Mexico amid ongoing US trade war : Xe…
Growth in demand for container shipping imports from China into Mexico in January 2024 increased by 60% compared to 12 months ago, further fuelling suspicions it has become a ‘back door into the US’.
Asia-Europe container trade analysis highlights its fluidity : Alphaliner
GENEVA : MSC and the Ocean Alliance lead the way on the Asia to Europe trades in terms of market share, but Alphaliner’s analysis shows a trade in flux that will necessarily change again