Stable Volumes, Declining Liner Schedule Reliability
The liner industry’s schedule reliability performance declined in the first quarter of this year, reserving earlier improvements as the Red Sea crisis and mounting port congestio
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
Maersk Raises Surcharges Amid Expanding Red Sea Risks
Last week, Houthi chief Abdul Malik Al-Houthi said there would be a stepping-up of operations in the Red Sea; and yesterday Maersk Line noted that the Red Sea “risk zone” had e
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
FBI Investigates Criminal Case in Baltimore Bridge Disaster
The investigation of the Baltimore bridge disaster may be turning into a criminal case. An FBI team boarded the containership Dali as the bureau launched a probe into whether the c
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
