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Late Arriving Containership Delays Hit Pandemic Highs
The average delay for containerships behind schedule has continued to increase in 2024 rising to the highest levels except during the peak of the pandemic and surge in container vo
Freight Rates to Stay High Next Year, Predicts Drewry
Some three million teu of new tonnage arriving next year will most likely be “more than offset” by further market disruption, ensuring no respite for embattled shippers, accord
Descartes Report Shows Robust Port and Imports Activity in May
Another month brought another strong month of United States-based imports, according to the new edition of the Global Shipping Report, which was issued this week. This is the 34th
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
Transform our freight challenges: Urgent strategy needed
Building a “supply chain aware” nation will be essential if Australia is to efficiently deliver the growing freight load, prompting calls from industry to accelerate the Nation
Container Shipping Schedule On 20 Month High
Now life is slowly getting back to normality after COVID, the container shipping schedule is on 20 Month High, as it becomes more reliable. For the global shipping industry this is
Scottish Government Paves The Way For Reduced Carbon Emissions In The Shipping Industry
As decarbonisation is becoming more and more of a hot topic, the Scottish Government paves the way to reduce carbon emissions in partnership with Lloyd’s Register. By 2023 they h
Shippers Are Tearing up the Playbook
As the international logistics system was stripped of any reputation for reliability over the past two and half years, the prevailing view has been that shippers are tearing up the
Extension of Bio Security Measures for Cruise Ships Entering Australian Ports
Although COVID is tapering out, it is still present so an extension of bio security measures has been applied. The Government announced the extension of the human biosecurity
U.S. Trade Deficit Widened to Record Lows as Imports Rebound
The U.S. trade deficit widened to a record low in August as American consumers continued to show a strong appetite for imported commercial cargo such as pharmaceutical products, to
