Import demand continues to fall
Average daily bookings for container imports were half of what they were in January of 2022 and 25% lower than pre-pandemic 2020.
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kelly5792
- Feb 10
- 1 min
Drewry’s World Container Index sinks below $2,000 per feu
The Drewry World Container Index ducked below the $2,000 per feu mark today for the first time since July 30, 2020.
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donavan626
- Feb 9
- 1 min
$662m made available for American port development
The US Department of transportation’s Maritime Administration (MARAD) has made $662m available for port infrastructure development this year
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donavan626
- Feb 8
- 2 min
Earthquake death toll rises in Turkey and Syria, with supply line chaos
The 7.8 magnitude earthquake that hit Turkish and Syrian border towns , has caused serious shipping disruption
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donavan626
- Feb 6
- 2 min
Liners now in the red on a mark-to-market basis
Sam Chambers from investment bank Jefferies. Mark-to-market is an accounting practice that involves adjusting the value of an asset to...
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donavan626
- Jan 31
- 1 min
Port of Long Beach aims to become the world’s first zero-emissions port
Port of Long Beach executive director Mario Cordero last week declared 2023 the “Year of Imagination” for the port
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donavan626
- Jan 26
- 1 min
Liner alliances up in the air as MSC and Maersk give separation notice
Liner shipping is ready for an immense scrap as it braces for a downturn with the fabric of its alliance structure now under severe strain.
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donavan626
- Jan 24
- 3 min
Breakthrough year in autonomous shipping as international collaboration ramps up
2022 was a year of breakthroughs in autonomous shipping, opening the way for further significant progress in the coming 12 months
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donavan626
- Jan 23
- 2 min
Transforming global trade will drive supply chain changes
Trade patterns are expected to change, as recent economic and geo-political shocks have exposed weaknesses in supply chains.
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donavan626
- Jan 19
- 2 min
Port of Virginia sees record volumes in 2022
Count the Port of Virginia as another East Coast port that saw record volumes in 2022.
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donavan626
- Jan 17
- 3 min
Climate disruption set to cost ports billions, says new study
An analysis of some 1,340 ports by researchers at the ECI found 40% are exposed to ‘maritime’ hazards.
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donavan626
- Jan 16
- 3 min
Little to cheer for liners as Chinese New Year approaches
Container indices are levelling out, but there is scant reason for optimism in the opening fortnight of 2023.
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donavan626
- Jan 11
- 1 min
MSC boxship pulled free after grounding in Italy
The 340-m-long containership MSC Elaine was successfully refloated after becoming stranded
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donavan626
- Jan 10
- 3 min
Coast is (almost) clear as port congestion fades even further
Final pockets of congestion on East and Gulf coasts nearly gone
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donavan626
- Jan 9
- 1 min
Greek bulker runs aground in the Suez Canal
Three tugs managed to refloat a dry cargo ship that had run aground briefly this morning in the Suez Canal
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donavan626
- Jan 5
- 2 min
FMC ruling could be crucial in other 'unfair D&D fee' complaints
A US Federal Maritime Commission SCO decision over detention and demurrage (D&D) charges could open the way for more cases to be brought.
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donavan626
- Dec 29, 2022
- 5 min
Shipping: 2022 in Review
As 2022 draws to a close we are taking a look back at some of the biggest stories that influenced shipping this year.
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donavan626
- Dec 28, 2022
- 1 min
Shipping hit by soaring cases of covid in China
Ships are backing up along the Chinese coastline as soaring cases of covid take out port staff.
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donavan626
- Dec 22, 2022
- 2 min
US east coast ports catch a chill in the downturn
The coastal shift of cargo from USA's west coast to the east and Gulf Coast ports could not mitigate a 10% slump in container import volume
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donavan626
- Dec 19, 2022
- 2 min
Ocean carriers plan to blank half their sailings from Asia, post-CNY
Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their advertised sailings
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