Shipping industry renews call for Houthis to free Galaxy Leader crew
Tomorrow marks the one-year anniversary of the seizure of the crew of the Galaxy Leader car carrier by Yemeni insurgents. Ahead of this Guy Platten, secretary-general of the Intern
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
Houthis On Track to Earn $2B Annually from Shipowners
An as-yet-unreleased UN report suggests that Yemen’s Houthi rebels have figured out a way to monetize their blockade of the Red Sea: insiders report that the group is operati
Typhoon Kong-ray creates congestion at Shanghai ports
Asian container ports Shanghai, Ningbo and Kaohisung are working through congestion after Typhoon Kong-Rey blew through last week. And Kong-rey, which made landfall in Taiwan on Th
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
Far East to Mediterranean – Rate Announcement
To continue offering a broad portfolio of high-quality services, Maersk are announcing an increase in FAK rates (Freight All Kinds) to come into effect on 4th Nov 2024. Details as
Bottlenecks Emerge in Asia Ahead of Air Freight Peak Season
On the eve of the peak airfreight season, most Asian gateways are running without problems, but some bottlenecks have begun to appear, particularly out of South-east Asia and the P
Evergreen Chief Predicts Transpac Contract Rate Increases in 2025
Evergreen is to raise its transpacific contract rates for 2025, announced president Wu Kuang Hui on Friday, due to global supply chains being impacted by the impending dockers’ s
Liner Schedule Reliability Shows Some Improvement Amid Strike Disruptions
On the eve of possible widespread disruption due to industrial action across US east and Gulf coast ports, schedule reliability across the container shipping sector has been margin
Strike Disruption Starts: Surge in Air freight Demand Expected
The US dockworker union ILA may only just have confirmed the east and Gulf coast port strike, but disruption is already happening – with shippers bracing for extra airfreight cos
