News

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

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WEEK 28 MARKET UPDATE

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

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Logistics port

Week 27 Market Update

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

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PORT PICTURE_RTW

WEEK 26 MARKET UPDATE

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

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WEEK 25 MARKET UPDATE

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

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Ocean freight services

WEEK 24 MARKET UPDATE

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

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WEEK 23 MARKET UPDATE

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

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Cargos in lane

WEEK 22 MARKET UPDATE

MSC RESUMES FAR EAST – BALTIMORE SERVICE  The containership Dali, which struck the bridge causing its collapse and the death of six workers, was refloated

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WEEK 21 MARKET UPDATE

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

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containers at port_RTW

WEEK 20 MARKET UPDATE

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

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containers at port_RTW

WEEK 18 MARKET UPDATE

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.

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Logistics _ OceanFreight

WEEK 17 MARKET UPDATE

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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