Research by Veson Nautical: Estimated carbon emissions from bulk carrier vessels have fallen by 5 million tonnes, or 2.5%, since the beginning of 2021,...

Industry Opinions

Unwind from ILA strike begins, ocean rates fall while air climbs: Freightos Update

Container News Team - October 8, 2024 0

The ILA port worker strike ended last Thursday after the union accepted the USMX offer of a 62% wage increase over the next six...

Industry Opinions

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

Container News Team - October 7, 2024 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...

Industry Opinions

Logistical consequences of strikes in American ports: Expert commentary

Ioanna Kontos - October 2, 2024 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...

Industry Opinions

Container spot rates experience steepest decline in non-Covid year

Ioanna Kontos - October 2, 2024 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...

Industry Opinions

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

Ioanna Kontos - October 2, 2024 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...

Industry Opinions

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

Ioanna Kontos - October 1, 2024 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...

Industry Opinions

Ports preparing for USEC strike, carriers introducing surcharges

Container News Team - September 26, 2024 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...

Industry Opinions

Making container shipping safer, smarter and more sustainable

Container News Team - September 23, 2024 0

Combining route splitting with advanced weather routeing can create commercial and operational opportunities, writes Christoph Rasewsky, Global Container Sector Lead of ABS Container shipping operations...

Industry Opinions

Strong dry bulk market fuels 42% drop in ship recycling

Ioanna Kontos - September 18, 2024 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...

Industry Opinions

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

Ioanna Kontos - September 18, 2024 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

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Freightos: Transpacific ocean volumes surge during tariff pause

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Brazilian grain shipments up 9% as China seeks US alternative

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