The Israel-Palestine conflict has raised significant alarm about the possibility of disruptions in the global supply chain. This ongoing dispute has triggered concerns over potential bottlenecks in shipping, surging freight rates, and unpredictable delivery schedules, all of which present a substantial hurdle to the smooth operation of worldwide supply networks. Additionally, the lack of clarity…
The Panama Canal, a pivotal artery in the heart of global trade, is currently facing an unprecedented challenge. The severe drought of 2023 has not only impacted the canal’s operations but has also sent ripples across the global maritime industry. This article delves deeper into the current situation, its implications, and the broader concerns about…
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
Maersk will launch a new intermodal service this week that will connect Korea, Japan and China to the Kaliningrad Region in Russia, the Baltic countries, and Poland through Trans-Siberian. Source: Container News
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 state government of California has moved to lease six off-dock properties, with a standing capacity of some 20,000 containers as part of a plan to ease congestion. Source: The Loadstar
Australia is set to re-open its doors to international tourists next week, paving the way for a welcome boost to airfreight capacity. Source: The Loadstar
The port has launched operations of a new 100,000 tonnes-class large size container berth at the Jintang port area which will be 340 metres long and 59 metres wide. Source: Seatrade Maritime
The French ocean carrier CMA CGM has announced the implementation of new Peak Season Surcharges (PSS) for cargoes transferred from Europe to several ports of America. Source: Container News
In an effort to alleviate logistical bottlenecks, the Californian port of Long Beach has called for stakeholders all along the supply chain to extend working hours. Source: The Loadstar