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Trump supports ILA on port automation tussle
13 Dec 2024 1:28 PM ISTI’ve studied automation, and know just about everything there is to know about it: Trump
US East Coast port workers get ready for tough talks on automation
7 Oct 2024 3:56 PM ISTWith a wage hike of 61.5% over 6 years, ILA want to keep out automation from all key jobs. Will the gambit work?
Maersk pauses all Red Sea transits
3 Jan 2024 1:23 PM ISTMaersk Hangzhou was attacked multiple times by Houthis in the Red Sea last week
Multiple attacks on Maersk Hangzhou in Red Sea
31 Dec 2023 4:25 PM ISTIranian-backed Houthi small boats attack merchant vessel and U.S. Navy helicopters in Southern Red Sea
MSC United VIII attacked in Red Sea
27 Dec 2023 2:57 PM ISTMSC to continue to reroute vessels booked for Suez transit via the Cape of Good Hope
2M split: Container shipping heading for turmoil
26 Jan 2023 12:22 PM ISTAfter controlling 35% capacity, the 2M alliance partners will now fight for market share and the same set of customers
Felixstowe port strike could result in $800mn lost trade: Russell
16 Aug 2022 4:00 PM ISTClothing ($82.8mn) & electronic components ($32.3mn) to be impacted by the strike, says Russell Group in its analysis.
CMA CGM lowers freight rates to support French households
1 July 2022 4:00 PM ISTReduction of €500 per container for all imports to France and overseas territories.
World Shipping Council blasts U.S. Ocean Shipping Reform Act
14 Jun 2022 6:02 PM IST"We are appalled by continued mischaracterisation of the industry by U.S. govt representatives"
Drewry's WCI drops 4%; spot rates continue rally, says Xeneta
24 March 2022 6:59 PM ISTThe World Container Index, however, remains 74% higher than a year ago.
Bunker rate up 20% in 1 month, freight rates showing mixed trend
4 March 2022 4:19 PM ISTIn Singapore and Fujairah, price zoomed to $904/mt and $918/mt, respectively.
All major carriers suspend Russia bookings
2 March 2022 8:34 AM ISTCarriers to accept and screen bookings for essential goods such as food, medical equipment and humanitarian goods.