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Carrier reliability drops to 32% in Dec; Maersk still best performer
28 Jan 2022 2:27 AM GMTThe schedule reliability of container carriers dropped 1.2 percentage points month/month to 32 percent in December 2021, the lowest-ever global...
Maersk to share 9 million weather observations to aid climate studies
27 Jan 2022 10:36 AM GMTDanish carrier A.P.Moller–Maersk (Maersk) will release all historical and future ocean weather observations into the public domain for free use by the...
No drop in US consumer demand; 300,000 TEUs more deployed in 2022
27 Jan 2022 6:37 AM GMTContainer capacity deployed in the four-week period in 2022 on the Asia-North America West Coast is 1.29 million TEUs, a massive 300,000 TEU higher...
Freight rates continue to climb, no decline in congestion at ports
21 Jan 2022 7:15 AM GMT2022 has been off to an ominous start for shippers - no let-up in climbing freight rates, port congestion globally at higher levels and demand...
100 ships across LA/LB ports, freight rates zoom across intra-Asia trades
20 Jan 2022 5:35 AM GMTWith no signs of easing, total container ships backed up across Los Angeles/Long Beach ports touched 100 on Wednesday, January 19, 2022, according to...
Danaos announces $1bn in incremental contracted revenue, sale proceeds
19 Jan 2022 6:21 AM GMTNYSE-listed Danaos Corporation has signed new charter arrangements for 11 vessels ranging between 2,500 and 10,000 TEUs with major liner companies.
ZIM signs charter deal for three 7,000 TEU carriers for $400mn
18 Jan 2022 3:30 PM GMTNYSE-listed, Israeli ocean carrier ZIM Integrated Shipping Services announced an eight-year charter agreement with a shipping company affiliated with...
Carriers cancel 13% sailings adding to supply chain pressure
17 Jan 2022 6:08 AM GMTAs many as 73 cancelled sailings have been announced out of 553 scheduled sailings across the major trade lanes -Â Transpacific, Transatlantic and...