Synchronous and parametric rolling can appear suddenly and cause dangerous vessel movements and, in worst-case scenarios, loss of containers. With StormGeo’s Excessive Rolling Alerts and DNV’s Anti-Roll Assist app, captains…
21-Day Transit and Guaranteed Equipment and Space Cleveland, OH, June 28, 2022 – UWL, in collaboration with Swire Shipping, has introduced a new dedicated, express ocean export service from Seattle,…
Current measures of competitiveness in the global liner shipping market are incomplete and therefore inaccurate and fail to take full account of the degree of co-operation between carriers which results…
Using VesselsValue data, we have created this infographic to highlight the overall trends in the Container market between 2018 and 2022 YTD. Over the past year, the market saw significant…
Leading container line joins coalition to support and strengthen the industry commitment to immediately begin decarbonisation by transitioning to LNG fuel London, UK – 23 June 2022: SEA-LNG, the multi-sector industry coalition established…
Spot rates fall below long-term levels on main China to US West Coast trade Cargo owners battered by the spiralling costs of container shipping would do well to look into…
Joe Gregorio to Receive 2022 Connie Award Presented by CII in Long Beach, CA on September 14 Lifetime Achievement Award to Go to Captain Lynn Korwatch CRANFORD, NJ, June 21,…
Congestion at Shanghai remains normal, even as much of the city reimposes lockdown.Shanghai only re emerged last week from two months of lockdown, following a rise in Omicron cases in…
This is Xeneta’s latest weekly container rate update. https://www.xeneta.com/blog/weekly-container-rate-update-week-22-2022 In line with what we have seen on other major trades since the start of the year, spot rates from South East…
The Dry Market had one of its worse weeks with the BDI (Baltic Dry Index) diving down to 2,681 points, thanks to the volatile Capes – losing 660 points since…
The rise in crude oil prices that followed the Russian invasion of Ukraine is clearly seen in bunker fuel surcharges. Across all trade lanes, the average fuel surcharges have risen…
Ravenna, May 19, 2022 – The North Adriatic Ports gathered in the NAPA (North Adriatic Ports Association) overall handling more than 2.8 million TEUS just met in Ravenna (Italy) the European Coordinator of the…
The average rate for all valid contracts stands at USD 5850 per 40’ reefer on 15 May. Long term rates rose nearly by USD 2000 in April, as last year’s…
Descartes Releases May Report on Global Shipping Crisis: Another Month of Record Container Volumes as China Lockdowns Not Materially Impacting U.S. Imports ATLANTA, Georgia, May 17, 2022 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in…
How to Navigate Current Market Disruptions to Prepare for Supplier Negotiations Be proactive in securing competitive contracts amidst global disruptions in the ocean freight market. The ongoing lockdown in Shanghai…
Over the past five weeks, carriers have continued to blank sailings in response to lower demand on the three largest trade lanes out of the Far East bound for North Europe, North American East…
Capes’ rise lifts the BDI – now standing at 2,718, whilst Wets remain with mixed feelings. The Third World War continues with the Russian aggression in Ukraine – and possibly…
Welcome to this week’s Weekly (Container) Rate Update – Air Freight Special. This week we will focus on the air cargo market and come back to you next week with…
As the retrofit process for container vessels is more costly than for other segments, what must containership owners consider in order to comply with CO2 reduction targets? I joined Maritime Impact’s…
Xeneta’s latest weekly container rate update: Diverging trends for Far East to Mediterranean vs North Europe https://hubs.ly/Q018Z6pw0 In contrast to spot rates on the Far East to North Europe trade…
The Future for Shipping Containers On the 66th anniversary of container shipping, CakeBoxx Technologies Founder and CEO Daine Eisold explores the future for the iconic box. “With each decade and…
ATLANTA, Georgia – Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released its April report on the ongoing global shipping crisis and analysis for logistics and…
After months of long term rates being significantly more expensive than short term rates on the backhaul US to Far East trade, a fall in long term rates at the…
NVOCC broadens presence in strategic markets in response to growing customer demand CLEVELAND, Ohio, April 18, 2022 –UWL, a top 20 American-owned NVOCC and global logistics solutions provider, is expanding…
ATLANTA, GEORGIA AND AMERSFOORT, THE NETHERLANDS, April 12, 2022 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Netherlands-based Eurochoice,…