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Box Ships Skip Singapore as Port Congestion Reaches Critical Level
Congestion in Singapore, the world’s second-busiest container port, has reached a critical level, compounding the shortage of ships and containers. Data from Linerlytica indicate
Expect More Asia-Europe Blanked Sailings as Rates Rise
It was just over a month ago that forwarders began to realise significant disruption was on the way for the Asia-North Europe trade – a sudden surge in demand led to tight space,
Container Placement Challenges Reach ‘Impossible’ Levels
Shippers and forwarders could find it “impossible” to position containers in the right place at the right time, as the global box shortage worsens. The global dearth of contain
Red Sea Rerouting Sparks Asian Port Congestion
Diversions of container ships via the Cape of Good Hope has resulted in a continuous reconfiguration of port calls and vessel sizes on services as carriers adjust Asia to Europe lo
Yang Ming Chiefs Deny Extra Bonus Amid Doubled Q1 Profits
Yang Ming has denied media reports that its chairman and GM, Cheng Cheng-mount and Patrick Tu, paid themselves an ex-gratia bonus after the Taiwanese operator’s earnings began
Baltimore Plans Explosive Demolition for Collapsed Bridge
The task force working on the restoration of full access to the port of Baltimore is going explosive. Yesterday, the Key Bridge Response 2024 Unified Command announced it would be
Shipping Line Prospects Improve After Tough Fourth Quarter
The last three months of 2023 were some of the worst for liner shipping’s finances in recent years, with the cumulative loss among carriers amounting to $700m, according to new a
European Rail Operators Increase Cargo Traffic from China
European rail freight may have been having a torrid time recently, but it appears to have got volumes back from China – even with Russia’s continuing onslaught against Ukraine.
Boeing Fails to Deliver 777 Freighters to 12 Waiting Airlines
Boeing admitted yesterday that it had failed to deliver a single 777 freighter in the first quarter of the year. The troubled plane-maker did, however, produce 11, according to ana
Baltimore Bridge Cleanup: Container Removal Begins
April 7, 2024: Container Removal Begins The Unified Command on Sunday began the process of removing containers from bow of the M/V Dali at the Key Bridge incident site to gain acce