WEEK 29 MARKET UPDATE
GLOBAL SUPPLY CHAIN DISRUPTIONS CONTINUE DUE TO RED SEA SITUATION The fallout from the ongoing Red Sea situation continues to create significant challenges for global
GLOBAL SUPPLY CHAIN DISRUPTIONS CONTINUE DUE TO RED SEA SITUATION The fallout from the ongoing Red Sea situation continues to create significant challenges for global
THREAT OF PORT STRIKES ACROSS NORTH AMERICA HAS SHIPPERS ON EDGE The threat of port strikes across North America continues to send jitters across already
THIS UP THEIR KAMIKAZE DRONE BOAT CAMPAIGN The Houthis are preparing to deploy more drone boats packed with explosives in their ongoing campaign against merchant shipping in support
HOUTHIS ASSERT ATTACKS IN MED AND RED SEA INCLUDING FIVE MISSILES AT A SHIP The Houthis are asserting a broad array of attacks conducted on
CREWS EVACUATED FROM TWO SHIPS HIT BY THE HOUTHIS The crews of two vessels struck by the Houthis in recent days were forced to evacuate
Baltimore shipping channel reopens 11 weeks after Key Bridge collapse The main ship channel to the Port of Baltimore has been fully cleared of debris
AMERICAN PORTS SEEN LAGGING WHEN IT COMES TO PORT EFFICIENCY The newest global Container Port Performance Index (CPPI) reveals that East and Southeast Asian ports
MSC RESUMES FAR EAST – BALTIMORE SERVICE The containership Dali, which struck the bridge causing its collapse and the death of six workers, was refloated
Ship that caused Baltimore bridge collapse moved back to port. Almost two months after colliding with Baltimore’s Francis Scott Key Bridge, the MV Dali cargo
PRELIMINARY REPORT INTO BALTIMORE BRIDGE DISASTER PINPOINTS POWER OUTAGES ON THE DALI CONTAINERSHIP The National Transportation Safety Board (NTSB) in the US released a preliminary
DALI BOXSHIP TO BE REMOVED BY MAY 10 Officials expect to have removed the Dali containership from its lodged position in Baltimore port by May 10.
SHIPPING HITS OUT AT SCANT COVERAGE OF HIJACKED CREWS The world’s leading shipping associations have highlighted the inequality seafarers face as hostages. “The world would
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