As the traditional peak season of the shipping sector comes to an end, the spot rate declines over the past two weeks are a very clear indicator that the peak […]
Container lines are rapidly expanding connections out of South India to keep pace with growing trade volumes. But the concentration of calls at private box terminals operated by Adani Group, […]
To gauge which of the three container carrier alliances recorded the fastest post-pandemic recovery in schedule reliability, Danish maritime data analysis company Sea-Intelligence pegged their lowest recorded schedule reliability during […]
The Panama Canal is experiencing major, ongoing disruptions in the shipping supply chain due to restrictions on traffic related to very low water levels. This is the result of drought […]
Vietnam has the opportunity to create another billion-dollar export item. When the US opened the door to Vietnam’s coconuts for official export and China was developing a Protocol on importing […]
After two very profitable years for the shipping lines, the market is shifting into a post-pandemic normality, as reported by Sea-Intelligence. More specifically, while the fourth quarter of 2022 gave […]
Taiwanese ocean carrier Evergreen has lost the sixth spot in the global liner rankings by Singapore-headquartered Ocean Network Express (ONE), according to the latest data (23 August) by Alphaliner. This […]
South Carolina Ports (SC Ports) handled 208,134 TEUs and 115,422 pier containers in July. More specifically, imports flowing into the port of Charleston outperformed US volumes with a 12% increase […]
Evergreen Marine Corporation’s terminal operating subsidiary Everport Services has invested US$76 million in the port of Oakland. No further information was released, with Evergreen citing confidentiality. The disclosure of the […]
Taiwanese ocean carrier Yang Ming announced revenue of US$1.15 billion and reported net loss of US$4.27 million in the second quarter of the year. However, the company achieved a profit […]
The world’s two largest liner operators have continued to scrap aged ships as the freight market has normalised to pre-Covid-19 levels. Shipbrokers said that this month, MSC has sold the […]
