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Schedule reliability drops for 3rd month in Jan: K+N
17 Feb 2024 2:02 PM ISTAsia-Mediterranean/Black Sea recorded the steepest drop in schedule reliability from 61.9% in December to 39% in January
Red Sea Impact - 16% increase in TEU*Miles, says Sea-Intelligence
16 Feb 2024 2:08 PM ISTEurope-Indian Subcontinent trade is by far the most impacted; trade between Far East and North America least impacted
2023 schedule reliability up 19.5ppts; Drewry WCI down 4%
4 Feb 2024 11:00 AM ISTDrewry World Container Index (WCI) declined four percent to $3,824 per 40ft container to the week of February 1, 2024
XSI drops to 148pts in January, lowest since April 2021
1 Feb 2024 7:48 PM IST"Shippers will be reluctant to commit to long-term rates during the height of disruption due to the Red Sea crisis."
Red Sea crisis impact more than Covid on ocean freight rates: Xeneta
31 Jan 2024 8:46 PM ISTEarly indications suggest ocean freight shipping rates are set to increase further in early February
Air cargo demand zooms 10.8% in December: IATA
31 Jan 2024 5:24 PM ISTFull-year air cargo demand reached a level just slightly below 2022 and 2019
Red Sea Impact: Schedule reliability drops to 56.8% in December
30 Jan 2024 8:06 PM ISTEvergreen most reliable top-13 carrier in December with schedule reliability of 63.6%
Hapag reports EBIT loss of $300mn in Q42023
30 Jan 2024 1:13 PM ISTFor the full year 2023, EBIT plunged 85% to $2.7 billion
UNCTAD raises alarm on global trade disruptions
27 Jan 2024 8:23 PM ISTEscalating attacks on ships in Red Sea are adding strain to shipping routes already hit by conflict and climate change
US continues attacks against Houthis
27 Jan 2024 1:25 PM ISTOil tanker hit by Houthi-fired missile, crew safe
US, UK impose sanctions on 4 Houthi leaders, Red Sea attacks continue
26 Jan 2024 6:50 PM ISTDrewry’s World Container Index increased 5% to $3,964 per 40ft container for the week to January 25, 2024
Red Sea crisis increases CO2 emissions
25 Jan 2024 6:59 PM ISTA one knot increase in speed, from 16 to 17 knots, will increase emissions by 14 percent: Sea-Intelligence