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202407-01The Global Container Freight Index rose by 4% this week.The composite index increased by 4% this week to $5,318 per 40-foot container, representing a 256% increase compared to the same period last year. -
202406-24Industry: The impact of maritime transport issues on consumers has yet to be seenFigures released earlier this week showed that Suez Canal's revenue fell 64.3 percent to about $337.8 million in May. -
202406-04Increased Rainfall Leads to Adjusted Draft Restrictions for Panama CanalPanama Canal Authority (ACP) announced that with the onset of the rainy season and increased rainfall, as well as the anticipated rise in Gatun Lake's water level in the coming weeks, -
202405-31Dryad Global Report: Attacks on Merchant Ships in the Red Sea Have DecreasedThe conflict in the Red Sea and Bab-el-Mandeb Strait region may enter a prolonged period of attrition as the coalition forces attempt to weaken the military capabilities of the Houthi forces. -
202405-30Drought Alert Lifted! Panama Canal Capacity Increases from 24 to 31 Ships Daily!After more than a year of strict restrictions due to drought, the water levels of the Panama Canal have gradually risen, heralding the dawn of recovery for maritime container services. -
202405-14Due to bad weather, the Baltimore Bridge demolition has been postponed twice.The controlled small-scale explosion to collapse the top part of the Key Bridge that fell onto the container ship "Dali" in the Baltimore port has been delayed until the following day. -
202405-14Nightmare! Freight rates soar to $10,000! Even paying higher freight rates won't secure a booking.Freight forwarders are warning customers that demand for Asia-Europe sea freight is starting to resemble the peak period during the pandemic. -
202405-08Maersk revises full-year guidance, expects Red Sea crisis until year-endMaersk has stated that disruptions to shipping caused by the Red Sea crisis are expected to persist until the end of this year.
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202405-07Gradual Recovery! Container Ship Finally Passes Through Baltimore PortOn April 27th local time, a small container ship arrived at the Port of Baltimore in the United States through a temporary channel, marking the first cargo vessel to reach the port since the collapse of the Francis Scott Key Bridge over a month ago. -
202404-15The restoration schedule for the Port of Baltimore has been set.The U.S. Army Corps of Engineers anticipates that a new channel to the Port of Baltimore in Maryland will be opened by the end of April, facilitating the resumption of commercial shipping hindered by the collapse of the Francis Scott Key Bridge.
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