The request comes as attention from the US Federal Maritime Commission and Congress intensifies into the prolonged congestion at US ports
The queue of vessels waiting to berth in southern China’s box ports is increasing. The capacity removed from the market could further reduce service reliability
Rates for freight on both the spot and contract market have surged. But the differential between the two is making some cargoes unprofitable for small-scale shippers
Australia’s ambition is to produce the ‘cheapest clean hydrogen in the world, which will transform transport, mining, resources and manufacturing at home and overseas’, says Australia’s prime minister Scott Morrison
Record freight rates and delays are the result of a system under pressure in the midst of a pandemic. When the cost of a lean supply chain is paid in a lack of resilience, shippers need to look to their own housekeeping and not just blame carriers
The week in charts: Yantian Port congestion | Easing global box demand | Crew abandonment case failures
Vessel queues into Yantian may have reduced over the past week at the port’s main anchorage but are still significant, while ships looking to avoid the disruption continue to build up at neighbouring facilities. Elsewhere, new figures show that global box demand eased through April, yet shippers are warned to expect equipment shortages and delays to prolong through to 2022
APM Terminals will move its Asia headquarters to Singapore from Hong Kong in the coming months
‘With our sustained focus on supply chain digitalisation, infrastructure investments and strong business relationships, we have the opportunity to build on this historic milestone,’ says port executive director Gene Seroka
The increase in LNG re-exports came on the back of volatility in prices. This fed trading interest and boosted liquidity in the market
Shippers are furious at the high cost and poor reliability of ocean freight. But many of the solutions are beyond the control of container lines
The third national lockdown during the first quarter saw a downturn in both imports and exports through UK ports. Pre-Brexit deadline stockpiling also led to lower volumes
Big retailers and others, including the electronics, furniture and toy industries that put so many boxes on ships, are opposed to the measure and have tried to have it removed from the legislative package, saying it would add an onerous regulation for online sellers
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