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Industry Opinions

Analysis on three-day ILA strike impact and recovery: Freightos

Container News Team - 0
The ILA port worker strike ended on 3 October, after the union accepted a 62% wage increase over the next six years, and agreed...
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Industry Opinions

Logistical consequences of strikes in American ports: Expert commentary

Ioanna Kontos - 0
The strike, which began on 1 October, affected 36 American ports on the East Coast and in the Gulf of Mexico, stretching from Maine...
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Industry Opinions

Container spot rates experience steepest decline in non-Covid year

Ioanna Kontos - 0
"The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the third quarter, the...
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Industry Opinions

Shippers to Shift to West Coast and Air Freight Solutions Amid Ongoing ILA Strike

Ioanna Kontos - 0
The long-anticipated ILA port worker union strike across US East Coast and Gulf ports began Monday night at 12:01 am after the ILA and...
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Industry Opinions

Scaremongering port workers’ union issues misleading claim of US$30,000 rates as USEC strike begins

Ioanna Kontos - 0
The International Longshoremen’s Association (ILA) has today (10 October) gone ahead with strike action at US ports from Maine to Texas and accused ocean...
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Industry Opinions

Ports preparing for USEC strike, carriers introducing surcharges

Container News Team - 0
Less than five days remain before the ILA’s current contract expires and, most likely, a large-scale strike begins. The ILA and USMX have not met...
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Industry Opinions

Making container shipping safer, smarter and more sustainable

Container News Team - 0
Combining route splitting with advanced weather routeing can create commercial and operational opportunities, writes Christoph Rasewsky, Global Container Sector Lead of ABS Container ship operators...
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Industry Opinions

Strong dry bulk market fuels 42% drop in ship recycling

Ioanna Kontos - 0
So far this year, only 45 ships have been recycled, adding up to 2.5 million deadweight tonnes (DWT) or 0.2% of the fleet. Recycling...
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Industry Opinions

Port strike looms, White House working to close de minimis to China

Ioanna Kontos - 0
With two weeks left before the deadline and the sides not talking to each other, the prospect of an ILA strike at East Coast...
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Industry Opinions

Intra-Asia rates weaken again; Drewry launches new container index

Container News Team - 0
Average spot rates on most intra-Asia container trade lanes weakened again in the first two weeks of September, according to Drewry’s new Intra-Asia Container...
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Industry Opinions

Transpacific troughs as WCI registers double-digit dip even as market await clarity on possible strikes

Container News Team - 0
The Drewry World Container Index (WCI) registered its largest weekly fall in percentage terms since May 2020 at US$4,168, dropping over 13% for the...
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Industry Opinions

Survey confirms continued rise in freight demand for US-bound shipments in August

Ioanna Kontos - 0
Container xChange, the global online marketplace for container trading and leasing, released new data that provides insights into the latest container leasing rate trends...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

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As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

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Clarksons: Tariffs could see negative growth for container shipping

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Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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