Singapore remains the world’s busiest transhipment port
The Port of Singapore maintained its position as the world’s busiest transhipment port in 2021, with record-high container traffic of 37.5 million TEU.
Source: Container News
The Port of New York and New Jersey has been hit with congestion due to a spike in the number of port workers in quarantine for Covid-19. Source: Seatrade Maritime
As long-staying cargo in the ports reduces further, the Ports of LA and LB have now delayed the introduction of container dwell fees until at least 28 January. Source: Seatrade Maritime
Foreign container lines claim there’s an increase in direct port loadings at Indian ports due to improved cargo aggregation opportunities, presented by the modified cabotage policy. Source: The Loadstar
The average number of ships waiting per day at Asian ports increased from 13 in December 2021 to 22.5 per day last month. Source: Seatrade Maritime
The crew has abandoned car-carrier Felicity Ace, which was ablaze off the Azores. The fire is estimated to have damaged cargo worth $401 million. Source: The Loadstar
100+ companies and associations representing the US agricultural industry are demanding a bill addressing ‘unreasonable ocean carrier practices that are undermining US export competitiveness.’ Source: The Loadstar