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 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…
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
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
The Los Angeles Harbor Commission voted 5-0 to extend the container dwell fee programme meant to reduce congestion at the LA and LB ports until 29 April. Source: Seatrade Maritime