Ocean demand being pulled forward. The main debate regarding the container ship market is whether several factors will converge to tank rates later this year. Most industry profes ...
Port Canaveral, already a busy cruise ship port, is experiencing congestion from space company recovery vessels. The increase in space traffic is due to the rise of reusable rockets, which are brought ...
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Asharq Alawsat (English) on MSNWorld Bank: Red Sea Crisis Raises Global Shipping Costs by 141%The Red Sea crisis has emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and maritime transport, port activity in the MENA region, and ecological balance of ...
The long line of containers awaiting clearance from the Colombo Port and known as ‘container congestion’ is finally over now.
Concerns have been raised regarding ongoing delays at ports, which are causing significant disruptions to business operations ...
The report reveals that the global average time for ocean shipments in Q4 2024 averaged 68 days, up eight days compared to Q4 2023. The most significant contributor to the year-over-year (YoY ...
PETALING JAYA: The lack of spare capacity could put Westports Holdings Bhd at a slight disadvantage amid the sporadic global port congestion. As it is, Westports had already seen a loss of market ...
The Cololmbo Port congestion and delay issue will be eased soon after the lands in Kerawalapitiya and Bloemendhal are used ...
The congestion at Mombasa Port is further exacerbated by delays in arrivals from Far East Asia. Vessels from regions ...
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