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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
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
Insurance Claims Rise as Box Ships Face Harsh Cape Weather
There has been a prolific rise in weather-related cargo loss and insurance claims since carriers have been forced to brave the extreme conditions round the Cape of Good Hope to esc
Singapore Authorities Take Action to Reduce Port Congestion
MARITIME Port Authority Singapore (MPA) and port operator PSA have held discussions with carriers to address the worsening vessel traffic at the world’s second-busiest port.
Near-Normal Water Levels Boost Panama Canal Ship Transits
The Panama Canal’s freshwater reservoirs are entering summer at close to normal levels, prompting the canal’s operator to increase the number of large ships moving through the
Positive Growth Evident in Global Trade Trends Early 2024
Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and 1.5% respectively, driven by the US, China, and India, according to UN Trade and
U.S. Container Imports Continue to Gain and Show Strong Growth
May 2024 marked another month of remarkable growth for U.S. container imports, registering a 6.2% increase from April and an 11.9% upswing year-on-year, according to data from Desc
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
Stable Volumes, Declining Liner Schedule Reliability
The liner industry’s schedule reliability performance declined in the first quarter of this year, reserving earlier improvements as the Red Sea crisis and mounting port congestio
Red Sea Rerouting Sparks Asian Port Congestion
Diversions of container ships via the Cape of Good Hope has resulted in a continuous reconfiguration of port calls and vessel sizes on services as carriers adjust Asia to Europe lo
