SHIPPING
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Freightos: Some signs that ocean rates may have peaked
July 17, 2024 - Ocean spot rates increased last week to highs for the year on the major trade lanes, according to a new analysis by...
US commission halts progress of Gemini Alliance
July 12, 2024 - The US Federal Maritime Commission (FMC) has requested additional information regarding the Gemini Alliance agreement...
AAL set to take delivery of 2nd Super B-Class new building ship
July 12, 2024 - Project heavy-lift carrier AAL Shipping (AAL) is set to take delivery of the second of eight vessels in its Super...
Port congestion in Singapore improves, but Red Sea-related challenges remain
July 11, 2024 - PSA Singapore (PSA) said congestion issues at the port triggered by the ongoing Red Sea crisis have improved, with wait...
Shipping rates keep climbing on early month increases
July 10, 2024 - Ocean rates out of Asia climbed significantly at the start of July, with the latest daily prices already at...
Sea-Intelligence notes growth in non-alliance services
July 9, 2024 The initial disruptions to global supply chains triggered by the pandemic had a profound impact on non-alliance...
Yang Ming begins to fuel its fleet with sustainable biofuel
July 8, 2024 Yang Ming Marine Transport Corporation (Yang Ming) said it is beginning to fuel its fleet with sustainable biofuel...
Spot market rates unlikely to reach pandemic highs, but industry response critical
July 5, 2024 As ocean freight container shipping spot rates continued to spike dramatically in July amid persisting supply chain...
Shipping schedule reliability treads lower, but NAWC saw big improvement
July 5, 2024 Global shipping schedule reliability in May continued to be lower compared to last year as ocean disruptions continued...
Global schedule reliability increases to highest year-to-date level
July 3, 2024 Global shipping schedule reliability improved by 3.8 percentage points month-on-month (M/M) in May, marking its highest...
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