Demanded $916 million in compensation ISMAILIA, Egypt June 20 (Reuters) – The owners of a container ship that blocked the Suez Canal in March have made a new offer [...]
Containervessels congestion spreads across the planet The ebb and flow of record global liner congestion is neatly encapsulated in two maps provided below from Seaexplorer, a container shipping platform [...]
New date has been scheduled. Court proceedings to free the 20,388 teu Ever Given have been put on hold for another fortnight as the ship’s owner and the Suez [...]
Hapag-Lloyd’s clear objective is to enhance transparency With this initiative on schedule reliability, Hapag-Lloyd is tackling one of the main challenges faced by the global shipping industry. Container shipping [...]
BIMCO, the Baltic and International Maritime Council, the big shipowners' association, has reported that its dry bulk and container sectors have enjoyed 'unseasonably' high profits during the 18-month Covid [...]
Another week, another record for container shipping spot rates. And alarmingly for shippers, upward rate momentum is accelerating.Different indexes come up with different numbers, and the premium charges on [...]
Consumer will pay the high cost price America’s National Retail Federation yesterday asked president Joe Biden to step in and help fix port congestion as retailers face up to [...]
Have we asked ourselves this question recently? When the idea of the autonomous ship was first brought to market, there were many sceptics, and many raised the question: Is [...]
Strengthening international trade rules and trade-enforcement mechanisms A report issued this week by the White House, Building Resilient Supply Chains, Revitalizing American Manufacturing, and Fostering Broad-Based Growth, recommends strengthening [...]
Two reasons for capacity crunch Copenhagen-based maritime consultancy Sea-Intelligence has analysed the capacity shortages in maritime transport that are leading to record margins. As there is no global container [...]
