US East Coast Port Strikes; Day 2
As the US East and Gulf Coast port strikes continue into their second day, major shipping lines have started declaring force majeure, signalling a significant escalation in the crisis. The…
Archive: Sea Freight
Potential strike threatens to cripple US supply chains
A looming strike by the International Longshoremen’s Association (ILA) threatens to severely disrupt supply chains across the US, particularly along the East and Gulf coasts. With negotiations between the ILA…
Alliance changes are reshaping the Asia-Europe shipping landscape
The introduction of a new shipping alliance and MSC’s evolving role in the Asia-Europe trades is expected to provide broader coverage and enhanced port connectivity, but the reorganisation also signals…
Global port strikes latest
The Canadian government may have stepped in to end the rail strike after just one day last week, but labour unrest and the potential for strike action continues to threaten…
Asia and freight market update; August 2024
Container shipping lines are experiencing full bookings on numerous trade routes until August and with strong demand from Asia expected to continue well into the third quarter It is highly…
US focus
The spot rate spread from Asia to the US West and East coasts has reached its widest point in nearly two years, driven by capacity increases to the West Coast…
Container fires underline need for shipper protection
Recent containership fires have once again underscored the critical need for proper shipper protection. The latest incident occurred at Sri Lanka’s Port of Colombo, where a fire broke out aboard…
Global supply chains disrupted by Microsoft IT outage
The IT outage caused by a flaw in CrowdStrike’s cybersecurity software two-weeks ago led to significant disruptions across global supply chains. This incident, impacting 8.5 million computers running Microsoft Windows,…
Shipping lines secure capacity for the peak season
As we progress through the traditional container shipping peak season, analysing the planned levels of blank sailings and capacity deployment for the remainder of the third quarter provides valuable insight…
ILA strike threat looms as contract negotiations stall
The International Longshoremen’s Association (ILA) warns that a strike at all Atlantic and Gulf Coast ports is becoming more likely as the expiration of their current contract with maritime employers…
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