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Tag: Covid-19

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Improved vessel delays may release more capacity: Sea-Intelligence

Antonis Karamalegkos - 0
In March, the fleet absorption from vessel delays was 5.7% of the global fleet, translating to an improvement from the recent peak of 7.5%...
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Industry Opinions

Covid pandemic wiped 24.6 million TEUs off container market growth

Ioanna Kontos - 0
"Due to the Covid-19 pandemic, the global container market grew only 1.5% from 171 million TEU in 2019 to 173.5 million TEU in 2023. Without...
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Red Sea crisis milder than Covid-19, challenges to be seen in 2025

Container News Team - 0
The impact of the Red Sea crisis is less severe than Covid-19, although the TEU-mile boost has been significant. Clarksons’ latest Container Intelligence Monthly stated...
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Berthing, trucking delays continue at Ningbo

Container News Team - 0
Freight forwarders and liner operators are advising of trucking delays as Ningbo-Zhoushan port continues to operate under closed-loop management, with shippers urged to divert...
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Closed-loop management returns to Ningbo-Zhoushan amid new Covid-19 outbreak

Container News Team - 0
Ningbo-Zhoushan port has implemented closed-loop management and green channels to enable the movement of container trucks, after new Covid-19 outbreaks in the Beilun district,...
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Chinese ports drilled into closed-loop mode amid new Covid outbreaks 

Container News Team - 0
Having experienced on-off lockdowns since the Covid-19 pandemic started in 2020, major container ports in China are now ever-ready to impose closed-loop operations as...
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Wait-and-see as Shanghai back into lockdown

Container News Team - 0
A Covid-19 flare-up in Shanghai just eight days after emerging from a two-month lockdown has returned the port city to square one, raising concerns...
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News

Cargo delays have caused US$5-10 billion losses for shippers during Covid-19 pandemic

Antonis Karamalegkos - 0
The Danish maritime data analysis company, Sea-Intelligence has measured schedule reliability from the perspective of the cargo being moved. In the first phase, the analysts...
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Shanghai port congestion returns to normal

Container News Team - 0
As Shanghai springs back to life after two months of lockdown, congestion at the port is almost back to normal, according to the latest...
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Shanghai port operations normalising as lockdown tapers

Container News Team - 0
Operations in Shanghai port are getting back to normal as the city’s lockdown eases. CMA CGM said in its latest customer advisory that pressure on...
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Savannah expedites India-bound cargo to market by up to eight days

Port News Ioanna Kontos - 0
Georgia Ports said the Port of Savannah is up to eight days faster for Indian cargo moving to inland markets such as Atlanta, Chicago...
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Global bunker indices rise steadily

Sticky News Ioanna Kontos - 0
During the third week of the year, the Marine Bunker Exchange (MABUX) global indices exhibited a steady upward trajectory. The 380 HSFO index increased by...
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Port of Southampton sets new records in cruise activity

Out of the Box Ioanna Kontos - 0
2024 marked another highly successful year for the cruise industry at Associated British Ports (ABP) Southampton, reinforcing its position as Northern Europe's top cruise...
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Stock Market Moves: Weekly Performance of Major Ocean Carriers

News Giannis Nikolakis - 0
The container shipping industry experienced a dynamic week, shaped by macroeconomic trends, geopolitical events, and trade dynamics. Volatility in fuel prices, shifts in demand...
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