News
High air freight rates see flurry of applications to fly cargo into the US
High air freight rates have triggered a flurry of cargo applications from a wide range of airlines, big and small, to operate to the US. Hainan Airlines is to lau...
Singapore Remains Largest Bunker Port and Handles Record 37.5M TEU
Singapore remained the world’s busiest transshipment and bunkering port in 2021 despite the ongoing impact of the pandemic. Port officials are highlighting a n...
Older Containerships Enjoying Busy Year Ahead of New Emission Rules
Continued strong demand for container tonnage has resulted in many sizes now being totally ‘sold out’ and their resulting soaring asset values decimating...
Container Turnaround Times In Asia Accelerate, But Port Congestion In Europe And The Us Prevents Supply Chain Recovery
Containers are now moving in and out of China at record speeds as shippers desperately source capacity, but port congestion in Europe and the US continues to slow th...
Maersk provides a snapshot of growing port congestion around the world
Maersk has provided clients with a global congestion update with shippers warned they must brace for another tough year of bottlenecks and disruption. “Unfo...
PR launches reefer freight train
The containerised refrigerated train, carrying 24 units - 40 feet reefers, departed from the dry port of Marine International Container Terminal, Prem Nagar (Lahore)...
California plans $2.3bn investment in ports and supply chain
Unveiling his proposed budget on Monday California Gov. Galvin Newsom said that while action had been taken to alleviate supply chain disruption more investment...
Air cargo growth slowed “significantly” in November
Air cargo growth slowed in November as supply chain issues affected demand, according to airline association IATA. The group’s latest figures show that air...
US importers using box ships to store cargo – cheaper than warehouses
The combination of congestion at US west coast ports and low interest rates is allowing US importers to use containerships as ‘offshore warehouses’, miti...
Shipping group Maersk expects cargo delays to persist
Top container shipping firm A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move goods around the world as the easing of congestio...
06 January 2025
Hurricane Beryl trims cargo volumes in Houston and New Orleans
25 January 2025
Container freight rates tumble
08 February 2025