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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
Yang Ming Chiefs Deny Extra Bonus Amid Doubled Q1 Profits
Yang Ming has denied media reports that its chairman and GM, Cheng Cheng-mount and Patrick Tu, paid themselves an ex-gratia bonus after the Taiwanese operator’s earnings began
Baltimore Plans Explosive Demolition for Collapsed Bridge
The task force working on the restoration of full access to the port of Baltimore is going explosive. Yesterday, the Key Bridge Response 2024 Unified Command announced it would be
FAA Investigates Boeing 787 Dreamliner Safety
Airlines in line for delivery of Boeing 787 Dreamliners are facing longer wait times as the troubled manufacturer checks the aircraft on its production line for potential problems
Shipping Line Prospects Improve After Tough Fourth Quarter
The last three months of 2023 were some of the worst for liner shipping’s finances in recent years, with the cumulative loss among carriers amounting to $700m, according to new a
Canal Issues Stir Global Shipping Disruption
More than 50 ships queued to cross the Panama Canal on a recent day—from tankers hauling propane to cargo ships packed with food. A prolonged drought has led the canal’s operat
Malaysia’s Largest Port Aims to Double Its Capacity.
Malaysia’s largest port operator, Westports Holdings, is considering external investors to fund an $8.3 billion expansion, aiming to nearly double its capacity by 2082, repor
Transit Time Increase Leads to 16% Rise in Capacity Needs
With ocean carriers having established Red Sea diversion routes, Sea-Intelligence analyzed the impact on global demand as measured through global TEU*Miles. Sea-Intelligence determ
