SHIPPING
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Signs ocean rates may be peaking, disruptions decreasing as LNY nears
January 30, 2024 - As attacks on commercial vessels at the Red Sea persist despite US and UK strikes in Yemen, a new analysis by Freightos...
Georgia Ports achieves record year for autos, but decline in container volumes
January 30, 2024 - The Port of Brunswick handled a record 775,565 units of autos and machinery in the calendar year 2023, an increase of...
Ocean shipping schedule reliability drops in December
January 29, 2024 - Global ocean schedule reliability declined anew in December, dropping -5.0 percentage points month/month (M/M) in the...
Iloilo Port set for modernization as ICTSI secures 25-year concession
January 29, 2024 - The Philippine Ports Authority (PPA) has awarded International Container Terminal Services Inc. (ICTSI) a 25-year...
THE Alliance suspends Asia – Red Sea service over security threat
January 27, 2024 - THE Alliance — which consists of Hapag-Lloyd, ONE, HMM, and Yang Ming — is suspending its Asia – Red Sea 1 (AR1)...
ONE gets approval in principle for ammonia dual-fueled vessel
January 27, 2024 Ocean Network Express Pte. Ltd (ONE) has been awarded "Approval in Principle (AiP)" for an...
Ocean rates up, but may be reaching ceiling from pre-Lunar New Year demand
January 26, 2024 Though US and UK strikes on Houthi positions continue this week, so do Houthi attacks on Red Sea vessels, with United...
Sea-Intel: Red Sea diversions to cause increase in CO2 emissions
January 25, 2024 Sea Intelligence said the diversions of ocean carriers away from the Red Sea due to ongoing conflict in the area would...
Xeneta forecasts ocean freight rates are set to rise further in February
January 25, 2024 Early indications suggest ocean freight shipping rates are set to increase further in early February amid the ongoing...
Mammoet, Tiong Woon form project logistics alliance in Thailand
January 24, 2024 Heavy lifting and transport firms Mammoet and Tiong Woon Corporation have teamed up to strengthen their operations and...
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