Singapore Expands Night Container Operations to Reduce Backlog
The Maritime and Port Authority of Singapore working in conjunction with PSA, other operators, and the carriers in the port continues to take steps to increase efficiency and ensur
Increasing Likelihood of ILA Strike in Recent Months
Hapag-Lloyd CEO Rolf Habben Jansen has raised concerns about the growing likelihood of a longshore strike that could close ports along the U.S. East and Gulf coasts, noting that th
Ningbo Port Explosion Expected to Disrupt Supply Chains
Container xChange, an online container trading and leasing marketplace, is warning of serious repercussions following the recent explosion aboard the Yang Ming vessel YM Mobility a
Severe Weather Causes Container Loss Off South Africa
A CMA CGM containership lost some 99 containers overboard in heavy weather last week off the east coast of South Africa, the South African Maritime Safety Authority (SAMSA) has rep
Toxic Waste on Maersk and MSC Ships Bound for Thailand to Be Returned to Europe
Aug 18, 2024 (Bloomberg) –Shipping containers bound for Thailand allegedly filled with tons of hazardous industrial waste from Albania are now slated to return to Europe, after e
Kaohsiung Hit by Asia’s Container Congestion
The container congestion contagion effect appears to be manifesting itself in Taiwan with a recent build-up of boxes in its main gateway of Kaohsiung. Congestion in south-east Asia
Maersk’s New D&D Calculations Seen as Benefiting ‘Liner Pockets’
A change in the way Maersk calculates detention and demurrage (D&D) rules will not be effective in helping container flows and will only be beneficial to the pockets of contain
Moderation in Container Spot Rate Increases Hints at Approaching Peak
In the surest sign yet that soaring container spot freight rates may have reached something resembling a peak, this week’s indexes showed the smallest gains in months, while a co
MSC CAP/KIWI Service Suspended until further notice
In a significant update received, it has been instructed that all fresh bookings for the Capricorn and Kiwi Express services must cease immediately. This measure is necessary to ad
Intra-Asia Services Struggle as Smaller Ships Diverted to Long-Hauls
The cascading of smaller box ships to more-lucrative long-haul lanes has created a shortage of vessels for intra-Asia trades. A meeting of representatives of the Korea Shipowners A
